Magna Prima Bhd (XKLS:7617) Inventory Turnover : 0.51 (As of Dec. 2024)

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What is Magna Prima 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. Magna Prima Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM137.2 Mil. Magna Prima Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM266.9 Mil. Magna Prima Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magna Prima Bhd's Days Inventory for the three months ended in Dec. 2024 was 177.56.

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. Magna Prima Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.69.

Magna Prima Bhd Inventory Turnover Historical Data

The historical data trend for Magna Prima 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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Magna Prima Bhd Inventory Turnover Chart

Magna Prima Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.12

0.14

2.00

0.89

1.34

Magna Prima 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															0.36	-	0.30	0.11	0.51

Magna Prima Bhd Inventory Turnover Calculation

Magna Prima 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 )
=	177.424	/ (	(61.325	+	203.114)	/	2 )
=	177.424	/	132.2195
=	1.34

Magna Prima 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 )
=	137.151	/ (	(330.633	+	203.114)	/	2 )
=	137.151	/	266.8735
=	0.51

Magna Prima Bhd (XKLS:7617) 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.

Magna Prima 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
	=	266.8735	/	137.151	*	365 / 4
	=	177.56

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.

Magna Prima 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 )
	=	266.8735	/	158.153
	=	1.69

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.

Magna Prima Bhd Inventory Turnover Related Terms

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Magna Prima Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Magna Prima Bhd (XKLS:7617) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Lot 4.01, Level 4, Jalan Pahat L 15/L, Seksyen 15, IDCC Corporate Tower, Shah Alam, MYS, 40200

Website

https://www.magnaprima.com.my

Magna Prima Bhd is an investment holding company. Through its subsidiaries, the company provides a diverse range of property development, building construction, trading, and management services. The group focuses on purchasing and developing pocket-sized landbanks high-density areas. Its reportable segments include Properties; Construction and Engineering; and Investment. The company generates most of its revenue from the Properties segment. Geographically, the group operates in Malaysia and Australia, of which key revenue is derived from Malaysia.

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