Magma Group Bhd (XKLS:7243) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Magma Group 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. Magma Group Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM0.00 Mil. Magma Group Bhd's Average Total Inventories for the quarter that ended in Jun. 2024 was RM36.74 Mil. Magma Group Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Magma Group Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 5.26.

Magma Group Bhd Inventory Turnover Historical Data

The historical data trend for Magma Group 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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Magma Group Bhd Inventory Turnover Chart

Magma Group Bhd Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Dec14

Jun17

Jun18

Jun21

Dec23

Inventory Turnover

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6.32

1.55

0.52

-0.07

Magma Group Bhd Quarterly Data
	Jun18	Sep18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Magma Group Bhd Inventory Turnover Calculation

Magma Group 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: Jun. 2021 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	-2.085	/ (	(25.389	+	36.335)	/	2 )
=	-2.085	/	30.862
=	-0.07

Magma Group Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(36.74	+	36.747)	/	2 )
=	0	/	36.7435
=	0.00

Magma Group Bhd (XKLS:7243) 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.

Magma Group Bhd's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	36.7435	/	0	*	365 / 4
	=

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.

Magma Group Bhd's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	36.7435	/	6.988
	=	5.26

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.

Magma Group Bhd Inventory Turnover Related Terms

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Magma Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magma Group Bhd (XKLS:7243) » Definitions » Inventory Turnover

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Address

21st Floor Menara KH Jalan Sultan Ismail, Kuala Lumpur, MYS, 50250

Website

https://www.impiana.com

Magma Group Bhd formerly Impiana Hotels Bhd is a Malaysia-based company. It is an investment holding company, which is engaged in the processing, manufacturing, and selling of drinking water. It also manages and operates hotels and resorts, and property investments. The company operates in two business segments that are Hospitality Business and Others.

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