Sern Kou Resources Bhd (XKLS:7180) Inventory Turnover : 3.24 (As of Dec. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Sern Kou Resources 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. Sern Kou Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM100.0 Mil. Sern Kou Resources Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM30.8 Mil. Sern Kou Resources Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sern Kou Resources Bhd's Days Inventory for the three months ended in Dec. 2024 was 28.13.

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. Sern Kou Resources Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.29.

Sern Kou Resources Bhd Inventory Turnover Historical Data

The historical data trend for Sern Kou Resources 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.

Sern Kou Resources Bhd Inventory Turnover Chart

Sern Kou Resources Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

Get a 7-Day Free Trial

12.42

13.48

11.32

12.17

19.31

Sern Kou Resources Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															4.34	3.98	5.24	4.96	3.24

Sern Kou Resources Bhd Inventory Turnover Calculation

Sern Kou Resources Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	481.94	/ (	(28.805	+	21.116)	/	2 )
=	481.94	/	24.9605
=	19.31

Sern Kou Resources Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	99.96	/ (	(29.296	+	32.325)	/	2 )
=	99.96	/	30.8105
=	3.24

Sern Kou Resources Bhd (XKLS:7180) 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.

Sern Kou Resources Bhd's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	30.8105	/	99.96	*	365 / 4
	=	28.13

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.

Sern Kou Resources Bhd's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	30.8105	/	106.078
	=	0.29

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.

Sern Kou Resources Bhd Inventory Turnover Related Terms

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

Sern Kou Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sern Kou Resources Bhd (XKLS:7180) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perindustrian 1, Lot PTD 6019 (Lot 8804), Kawasan Perindustrian Bukit Bakri, Mukim Bakri, Muar, JHR, MYS, 84200

Website

https://www.sernkou.com

Sern Kou Resources Bhd along with its subsidiaries is engaged in manufacturing, processing and trading all kinds of timber, wood and related products, and logging, processing and trading of rubberwood and timber. The company's reportable segments include, Manufacturing and trading of wooden furniture, Investment holding and processing and trading of wood. Substantial revenue for the company is generated from it processing and trading of woods segment. The company has presence in different geographical areas which include, Malaysia, United States of America and European countries, Asia-Pacific countries and others.

Sern Kou Resources Bhd Headlines

No Headlines