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Padiberas Nasional Bhd (XKLS:6866) Inventory Turnover : 0.88 (As of Sep. 2013)


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What is Padiberas Nasional 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. Padiberas Nasional Bhd's Cost of Goods Sold for the three months ended in Sep. 2013 was RM791 Mil. Padiberas Nasional Bhd's Average Total Inventories for the quarter that ended in Sep. 2013 was RM902 Mil. Padiberas Nasional Bhd's Inventory Turnover for the quarter that ended in Sep. 2013 was 0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Padiberas Nasional Bhd's Days Inventory for the three months ended in Sep. 2013 was 104.08.

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. Padiberas Nasional Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.96.

Padiberas Nasional Bhd Inventory Turnover Historical Data

The historical data trend for Padiberas Nasional 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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Padiberas Nasional Bhd Inventory Turnover Chart

Padiberas Nasional Bhd Annual Data
Trend Dec10 Dec11 Dec12
Inventory Turnover
- -0.27 -0.18

Padiberas Nasional Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Inventory Turnover Get a 7-Day Free Trial 0.86 - - - 0.88

Padiberas Nasional Bhd Inventory Turnover Calculation

Padiberas Nasional Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=-151.792 / ((766.878 + 918.67) / 2 )
=-151.792 / 842.774
=-0.18

Padiberas Nasional Bhd's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover (Q: Sep. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2013 ) / ((Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count )
=791.085 / ((882.956 + 921.654) / 2 )
=791.085 / 902.305
=0.88

* 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.

Padiberas Nasional Bhd  (XKLS:6866) 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.

Padiberas Nasional Bhd's Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=902.305/791.085*365 / 4
=104.08

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.

Padiberas Nasional Bhd's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=902.305 / 935.9
=0.96

* 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.

Padiberas Nasional Bhd Inventory Turnover Related Terms

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Padiberas Nasional Bhd (XKLS:6866) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Padiberas Nasional Bhd (XKLS:6866) » Definitions » Inventory Turnover
Comparable Companies
SZSE:002772 NZSE:SAN XSGO:INVERMAR TPE:2913 SHSE:600095 BOM:532899 XKLS:3476 STC:PHR MIL:BFG SHSE:600354 LUX:SOFIN NZSE:SCL SHSE:600127 BUE:MOLA SHSE:603668 ASX:AAC JSE:ARL XKLS:5029 XKLS:5254 LSE:MPE
Traded in Other Exchanges
N/A
Address
Website
http://www.bernas.com.my
Padiberas Nasional Bhd is engaged in procuring, collecting, processing, importing, exporting, purchasing, storing, packaging & distribution of rice, paddy & other grains. It involves activities like seed production, R & D of paddy seeds etc.

Padiberas Nasional Bhd (XKLS:6866) Headlines

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