LFE Bhd (XKLS:7170) Inventory Turnover : 3.11 (As of Sep. 2024)

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What is LFE 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. LFE Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM32.5 Mil. LFE Bhd's Average Total Inventories for the quarter that ended in Sep. 2024 was RM10.4 Mil. LFE Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LFE Bhd's Days Inventory for the three months ended in Sep. 2024 was 29.30.

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. LFE Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.28.

LFE Bhd Inventory Turnover Historical Data

The historical data trend for LFE 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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LFE Bhd Inventory Turnover Chart

LFE Bhd Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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74.52

5.35

4.38

LFE Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.97	1.87	2.52	1.97	3.11

LFE Bhd Inventory Turnover Calculation

LFE 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 )
=	89.98	/ (	(24.175	+	16.937)	/	2 )
=	89.98	/	20.556
=	4.38

LFE Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	32.508	/ (	(12.714	+	8.163)	/	2 )
=	32.508	/	10.4385
=	3.11

LFE Bhd (XKLS:7170) 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.

LFE Bhd's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	10.4385	/	32.508	*	365 / 4
	=	29.30

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.

LFE Bhd's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	10.4385	/	36.953
	=	0.28

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.

LFE Bhd Inventory Turnover Related Terms

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LFE Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LFE Corp Bhd (XKLS:7170) » Definitions » Inventory Turnover

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Address

98, Jalan Dang Wangi, Suite 11-01, 11th Floor, Campbell Complex, Kuala Lumpur, MYS, 50100

Website

https://www.lfe.com.my

LFE Corp Bhd is a Malaysia-based company. The operating segment of the company are Construction, Mechanical and Electrical, and Property development, and Others. Geographically, the group operates in Malaysia. It earns the majority of its revenue from the construction, mechanical, and electrical segment.

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