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SWS Capital Bhd (XKLS:7186) Inventory Turnover : 0.53 (As of Dec. 2023)


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What is SWS Capital 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. SWS Capital Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM23.5 Mil. SWS Capital Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM44.7 Mil. SWS Capital Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SWS Capital Bhd's Days Inventory for the three months ended in Dec. 2023 was 173.57.

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. SWS Capital Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.60.


SWS Capital Bhd Inventory Turnover Historical Data

The historical data trend for SWS Capital 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.

SWS Capital Bhd Inventory Turnover Chart

SWS Capital Bhd Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 2.79 2.71 2.49 2.17

SWS Capital Bhd Quarterly Data
Aug18 Nov18 Feb19 May19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.59 0.54 0.51 0.53

SWS Capital Bhd Inventory Turnover Calculation

SWS Capital 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 )
=100.405 / ((48.369 + 44.333) / 2 )
=100.405 / 46.351
=2.17

SWS Capital Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=23.516 / ((45.129 + 44.333) / 2 )
=23.516 / 44.731
=0.53

* 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.


SWS Capital Bhd  (XKLS:7186) 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.

SWS Capital Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=44.731/23.516*365 / 4
=173.57

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.

SWS Capital Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=44.731 / 27.973
=1.60

* 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.


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.


SWS Capital Bhd Inventory Turnover Related Terms

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SWS Capital Bhd (XKLS:7186) Business Description

Traded in Other Exchanges
N/A
Address
PTD 6001, Jalan Perindustrian 5, Kawasan Perindustrian Bukit Bakri, Batu 8, Johor Darul Ta’zim, Muar, JHR, MYS, 84200
SWS Capital Bhd is engaged in the manufacturing and sale of dining furniture, occasional furniture and buffet and hutch, lamination of veneer and paper, and trading of various types of boards, nails, polyethylene, pneumatic fasteners, plastic wares, utensils and goods and Marketing and distribution of plastic household and industrial products. It operates under three segments that are Investment holding, Manufacturing of furniture, and Manufacturing of plastic wares. The majority of its revenue comes from Plastic wares. Geographically the company's products are exported to Australia, Europe, Malaysia, the Middle East, and the Asia Pacific.

SWS Capital Bhd (XKLS:7186) Headlines

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