MGB Bhd (XKLS:7595) Inventory Turnover : 2.82 (As of Dec. 2024)

View and export this data going back to 1996. Start your Free Trial

What is MGB 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. MGB Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM218 Mil. MGB Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM77 Mil. MGB Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MGB Bhd's Days Inventory for the three months ended in Dec. 2024 was 32.38.

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. MGB Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.

MGB Bhd Inventory Turnover Historical Data

The historical data trend for MGB 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.

MGB Bhd Inventory Turnover Chart

MGB Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

32.45

12.70

7.05

7.75

8.28

MGB 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															2.16	1.29	1.86	2.77	2.82

MGB Bhd Inventory Turnover Calculation

MGB Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	856.628	/ (	(131.067	+	75.947)	/	2 )
=	856.628	/	103.507
=	8.28

MGB 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 )
=	217.524	/ (	(78.431	+	75.947)	/	2 )
=	217.524	/	77.189
=	2.82

MGB Bhd (XKLS:7595) 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.

MGB 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
	=	77.189	/	217.524	*	365 / 4
	=	32.38

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.

MGB 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 )
	=	77.189	/	256.844
	=	0.30

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.

MGB Bhd Inventory Turnover Related Terms

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

MGB Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MGB Bhd (XKLS:7595) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan SS9A/19, Seksyen 51A, H-G, Sunway PJ@51A, Petaling Jaya, SGR, MYS, 47300

Website

https://www.mgbgroup.com.my

MGB Bhd is an investment holding company. The company operates in three segments namely Construction and trading, Property Development, and Others. The majority of the revenue is generated from the Construction and trading segment which is engaged in the design and build, civil engineering, general construction, piling activities, trading of construction materials, and manufacturing of Industrialised Building System (IBS) precast products. The property development segment includes the development of residential and commercial properties. All of its revenue is generated from Malaysia.

MGB Bhd Headlines

No Headlines