MKH OIL PALM (EAST KALIMANTAN) Bhd (XKLS:5319) Inventory Turnover : 0.95 (As of Dec. 2024)

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What is MKH OIL PALM (EAST KALIMANTAN) Bhd Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. MKH OIL PALM (EAST KALIMANTAN) Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM50.0 Mil. MKH OIL PALM (EAST KALIMANTAN) Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM52.5 Mil. MKH OIL PALM (EAST KALIMANTAN) Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MKH OIL PALM (EAST KALIMANTAN) Bhd's Days Inventory for the three months ended in Dec. 2024 was 95.84.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. MKH OIL PALM (EAST KALIMANTAN) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.51.

MKH OIL PALM (EAST KALIMANTAN) Bhd Inventory Turnover Historical Data

The historical data trend for MKH OIL PALM (EAST KALIMANTAN) Bhd's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MKH OIL PALM (EAST KALIMANTAN) Bhd Inventory Turnover Chart

MKH OIL PALM (EAST KALIMANTAN) Bhd Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Inventory Turnover

5.33

3.89

2.98

4.06

4.73

MKH OIL PALM (EAST KALIMANTAN) Bhd Quarterly Data
	Sep20	Sep21	Sep22	Sep23	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial			-	-	1.30	1.12	0.95

MKH OIL PALM (EAST KALIMANTAN) Bhd Inventory Turnover Calculation

MKH OIL PALM (EAST KALIMANTAN) Bhd's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Inventory Turnover (A: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2024 )	/ (	(Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )
=	216.24	/ (	(46.829	+	44.519)	/	2 )
=	216.24	/	45.674
=	4.73

MKH OIL PALM (EAST KALIMANTAN) Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	50.031	/ (	(44.519	+	60.578)	/	2 )
=	50.031	/	52.5485
=	0.95

MKH OIL PALM (EAST KALIMANTAN) Bhd (XKLS:5319) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

MKH OIL PALM (EAST KALIMANTAN) Bhd's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	52.5485	/	50.031	*	365 / 4
	=	95.84

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

MKH OIL PALM (EAST KALIMANTAN) Bhd's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	52.5485	/	102.653
	=	0.51

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

MKH OIL PALM (EAST KALIMANTAN) Bhd Inventory Turnover Related Terms

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MKH OIL PALM (EAST KALIMANTAN) Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MKH OIL PALM (EAST KALIMANTAN) Bhd (XKLS:5319) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Semenyih, G-02 & G-03, Ground Floor, Wisma MKH, Kajang, SGR, MYS, 43000

Website

https://www.mkhoilpalm.com

MKH OIL PALM (EAST KALIMANTAN) Bhd is a investment holding and management services company. Through its subsidiaries, it is principally involved in the cultivation of oil palm and the production and sale of Crude Palm Oil (CPO), Palm Kernel (PK), and Crude Palm Kernel Oil (CPKO). The company's reportable operating segments are Plantation and Investment holding. A majority of its revenue is generated from the Plantation segment which is engaged in oil palm cultivation. Geographically, it derives maximum revenue from the Republic of Indonesia.

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