Subur Tiasa Holdings Bhd (XKLS:6904) Inventory Turnover : 1.29 (As of Mar. 2024)

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What is Subur Tiasa Holdings 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. Subur Tiasa Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM89.4 Mil. Subur Tiasa Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM69.2 Mil. Subur Tiasa Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Subur Tiasa Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 70.62.

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. Subur Tiasa Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.67.

Subur Tiasa Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Subur Tiasa Holdings 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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Subur Tiasa Holdings Bhd Inventory Turnover Chart

Subur Tiasa Holdings Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Dec21

Dec22

Dec23

Inventory Turnover

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2.37

2.47

4.18

5.39

Subur Tiasa Holdings Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.08	1.33	1.41	1.31	1.29

Subur Tiasa Holdings Bhd Inventory Turnover Calculation

Subur Tiasa Holdings Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	400.903	/ (	(79.523	+	69.275)	/	2 )
=	400.903	/	74.399
=	5.39

Subur Tiasa Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	89.423	/ (	(69.275	+	69.143)	/	2 )
=	89.423	/	69.209
=	1.29

Subur Tiasa Holdings Bhd (XKLS:6904) 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.

Subur Tiasa Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	69.209	/	89.423	*	365 / 4
	=	70.62

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.

Subur Tiasa Holdings Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	69.209	/	103.341
	=	0.67

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.

Subur Tiasa Holdings Bhd Inventory Turnover Related Terms

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Subur Tiasa Holdings Bhd (XKLS:6904) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Subur Tiasa Holdings Bhd (XKLS:6904) » Definitions » Inventory Turnover

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Address

Jalan Upper Lanang, C.D.T. 123, No. 66 - 78, Pusat Suria Permata, Sibu, SWK, MYS, 96000

Website

https://www.suburtiasa.com

Subur Tiasa Holdings Bhd is a Malaysia-based investment holding company. It has two reportable business segments. The Timber segment, which is the key revenue driver, is involved in the extraction, sale of logs and subcontractor for tree planting (reforestation), and the business of manufacturing and trading of plywood, veneer, raw and laminated particleboard, sawn timber, finger-joint moulding, charcoal and the supply of electricity for its manufacturing activities. The Oil Palm segment is involved in the cultivation of oil palm and the sale of fresh fruit bunches. Geographically, it generates revenue from Malaysia, India, South Korea, Taiwan, and other countries.

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