Ta Win Holdings Bhd (XKLS:7097PA.PFD) Inventory Turnover : 1.86 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Ta Win 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. Ta Win Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM162.87 Mil. Ta Win Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM87.34 Mil. Ta Win Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ta Win Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 48.93.

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. Ta Win Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Ta Win Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Ta Win 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.

Ta Win Holdings Bhd Inventory Turnover Chart

Ta Win Holdings Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

9.15

7.16

10.64

8.18

8.15

Ta Win Holdings Bhd Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.08	1.46	2.31	1.83	1.86

Ta Win Holdings Bhd Inventory Turnover Calculation

Ta Win Holdings Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	621.942	/ (	(77.063	+	75.639)	/	2 )
=	621.942	/	76.351
=	8.15

Ta Win 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 )
=	162.874	/ (	(88.772	+	85.905)	/	2 )
=	162.874	/	87.3385
=	1.86

Ta Win Holdings Bhd (XKLS:7097PA.PFD) 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.

Ta Win 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
	=	87.3385	/	162.874	*	365 / 4
	=	48.93

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.

Ta Win 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 )
	=	87.3385	/	164.687
	=	0.53

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.

Ta Win Holdings Bhd Inventory Turnover Related Terms

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

Ta Win Holdings Bhd (XKLS:7097PA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ta Win Holdings Bhd (XKLS:7097PA.PFD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

7097:Malaysia

Address

Jalan Stesen Sentral 2, Unit 26-11 and 26-12, Level 26, Q Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.ta-win.com

Ta Win Holdings Bhd is an investment holding company which is engaged in the provision of management services. It is carried out in Malaysia, Hong Kong and the People's Republic of China. The company's subsidiaries are engaged in investment holding, manufacturing and exporting enamelled copper wires and copper rods to various markets, licensed manufacturing warehouses and trading of enamelled copper wire. The majority of its revenue is derived from Malaysia.

Ta Win Holdings Bhd (XKLS:7097PA.PFD) Headlines

No Headlines