XL Holdings Bhd (XKLS:7121) Inventory Turnover : 0.35 (As of Jan. 2024)

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What is XL 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. XL Holdings Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM8.05 Mil. XL Holdings Bhd's Average Total Inventories for the quarter that ended in Jan. 2024 was RM23.32 Mil. XL Holdings Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XL Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 was 264.26.

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. XL Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.62.

XL Holdings Bhd Inventory Turnover Historical Data

The historical data trend for XL 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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XL Holdings Bhd Inventory Turnover Chart

XL Holdings Bhd Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Inventory Turnover

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1.64

1.93

2.12

2.58

5.85

XL Holdings Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															3.95	2.62	1.31	0.54	0.35

XL Holdings Bhd Inventory Turnover Calculation

XL Holdings Bhd's Inventory Turnover for the fiscal year that ended in Jan. 2021 is calculated as

	Inventory Turnover (A: Jan. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2021 )	/ (	(Total Inventories (A: Jan. 2020 )	+	Total Inventories (A: Jan. 2021 ))	/	count )
=	23.015	/ (	(3.593	+	4.273)	/	2 )
=	23.015	/	3.933
=	5.85

XL 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 )
=	8.051	/ (	(22.463	+	24.168)	/	2 )
=	8.051	/	23.3155
=	0.35

XL Holdings Bhd (XKLS:7121) 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.

XL 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
	=	23.3155	/	8.051	*	365 / 4
	=	264.26

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.

XL 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 )
	=	23.3155	/	14.353
	=	1.62

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.

XL Holdings Bhd Inventory Turnover Related Terms

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XL Holdings Bhd (XKLS:7121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » XL Holdings Bhd (XKLS:7121) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

B-09-09, No. 1, Jalan Desa Kiara, Gateway Corporate Suites Gateway Kiaramas, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.xianleng.com.my

XL Holdings Bhd is an investment company, which engages in the provision of management services. The company's operating segment includes Fish farming, Merchandise, Edible bird nest, Foods, and Investment holding. Foods segment, which is into the Manufacturing and trading of edible foods generates the majority of its revenue. Fish farming is into Breeding and rearing of fishery livestock. Merchandise segment in into trading of fishes, consumables, and aquarium accessories. Edible bird nest segment is into Trading and distribution of edible bird nest.

XL Holdings Bhd (XKLS:7121) Headlines

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