BSL Bhd (XKLS:7221) Inventory Turnover : 2.62 (As of Mar. 2024)

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What is BSL 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. BSL Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM25.7 Mil. BSL Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM9.8 Mil. BSL Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BSL Bhd's Days Inventory for the three months ended in Mar. 2024 was 34.83.

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. BSL Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

BSL Bhd Inventory Turnover Historical Data

The historical data trend for BSL 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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BSL Bhd Inventory Turnover Chart

BSL Bhd Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Dec23

Inventory Turnover

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11.84

11.47

9.13

7.83

6.84

BSL Bhd Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.70	1.93	2.25	2.47	2.62

BSL Bhd Inventory Turnover Calculation

BSL 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: Aug. 2021 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	108.63	/ (	(22.608	+	9.158)	/	2 )
=	108.63	/	15.883
=	6.84

BSL 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 )
=	25.674	/ (	(9.158	+	10.443)	/	2 )
=	25.674	/	9.8005
=	2.62

BSL Bhd (XKLS:7221) 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.

BSL 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
	=	9.8005	/	25.674	*	365 / 4
	=	34.83

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.

BSL 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 )
	=	9.8005	/	27.356
	=	0.36

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.

BSL Bhd Inventory Turnover Related Terms

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BSL Bhd (XKLS:7221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BSL Corp Bhd (XKLS:7221) » Definitions » Inventory Turnover

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Address

Lot 4220, Persimpangan Jalan Batu Arang, Lebuhraya PLUS, Rawang, SGR, MYS, 48000

Website

https://www.bslcorp.com.my

BSL Corp Bhd is a Malaysia-based investment holding company. Its segments include Investment holding; Precision stamping & tooling, which derives the majority of its revenue; PCB(Printed circuit board) & module assembly; Renewable energy; and others. Its manufacturing services include Metal Stamping, PCB Assembly, CNC Machining, Welding, Roll forming, Forging, Secondary Processes, Toolmaking, and Warehousing & Logistics.

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