Poh Huat Resources Holdings Bhd (XKLS:7088) Inventory Turnover : 1.69 (As of Jan. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Poh Huat Resources 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. Poh Huat Resources Holdings Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM105.2 Mil. Poh Huat Resources Holdings Bhd's Average Total Inventories for the quarter that ended in Jan. 2024 was RM62.2 Mil. Poh Huat Resources Holdings Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Poh Huat Resources Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 was 53.98.

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. Poh Huat Resources Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.47.

Poh Huat Resources Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Poh Huat Resources 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.

* Premium members only.

Poh Huat Resources Holdings Bhd Inventory Turnover Chart

Poh Huat Resources Holdings Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory Turnover

Get a 7-Day Free Trial

7.65

6.44

4.22

5.21

5.06

Poh Huat Resources Holdings Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															1.22	1.22	1.54	1.60	1.69

Poh Huat Resources Holdings Bhd Inventory Turnover Calculation

Poh Huat Resources Holdings Bhd's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	353.285	/ (	(84.029	+	55.537)	/	2 )
=	353.285	/	69.783
=	5.06

Poh Huat Resources Holdings Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	105.165	/ (	(55.537	+	68.896)	/	2 )
=	105.165	/	62.2165
=	1.69

Poh Huat Resources Holdings Bhd (XKLS:7088) 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.

Poh Huat Resources Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	62.2165	/	105.165	*	365 / 4
	=	53.98

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.

Poh Huat Resources Holdings Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	62.2165	/	131.14
	=	0.47

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.

Poh Huat Resources Holdings Bhd Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Poh Huat Resources Holdings Bhd's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Poh Huat Resources Holdings Bhd (XKLS:7088) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300

Website

http://www.pohhuat.com

Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

Poh Huat Resources Holdings Bhd (XKLS:7088) Headlines

No Headlines