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PCCS Group Bhd (XKLS:6068) Inventory Turnover : 1.56 (As of Dec. 2024)


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What is PCCS Group 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. PCCS Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM112.5 Mil. PCCS Group Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM72.3 Mil. PCCS Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PCCS Group Bhd's Days Inventory for the three months ended in Dec. 2024 was 58.58.

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. PCCS Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.53.


PCCS Group Bhd Inventory Turnover Historical Data

The historical data trend for PCCS Group 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.

* Premium members only.

PCCS Group Bhd Inventory Turnover Chart

PCCS Group Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 3.90 4.25 5.03 3.70

PCCS Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 0.96 1.62 1.31 1.56

PCCS Group Bhd Inventory Turnover Calculation

PCCS Group Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=303.914 / ((58.486 + 105.933) / 2 )
=303.914 / 82.2095
=3.70

PCCS Group 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 )
=112.537 / ((76.533 + 67.969) / 2 )
=112.537 / 72.251
=1.56

* 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.


PCCS Group Bhd  (XKLS:6068) 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.

PCCS Group 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
=72.251/112.537*365 / 4
=58.58

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.

PCCS Group 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 )
=72.251 / 135.542
=0.53

* 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.


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.


PCCS Group Bhd Inventory Turnover Related Terms

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PCCS Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kluang, Lot 1376, GM 127, Mukim Simpang Kanan, Batu Pahat, JHR, MYS, 83000
PCCS Group Bhd is a Malaysia based garment company. It has four reportable segments - Apparel, Label and Packaging, Credit financing and Others. The Apparel segment manufacturing and marketing of apparels, manufacturing of seamless bonding, embroidering of logos and emblems, printing and marketing of silk screen printing products. Label and Packaging segment involves the printing of labels and stickers for garment and other products. Credit financing provision of financial services, including money lending, loan negotiation and various financing solutions. Others segment include investment holding, provision for management services and medical businesses. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Cambodia and the People's Republic of China.

PCCS Group Bhd Headlines

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