MyTech Group Bhd (XKLS:7692) Inventory Turnover: 0.68 (As of Mar. 2026)


XKLS:7692 MyTech Group Bhd XKLS:7692
43 GF Score
Price RM0.26
GF Value RM0.48
Valuation Possible Value Trap
! 4 Warning Signs
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What is MyTech Group Bhd Inventory Turnover?

MyTech Group Bhd XKLS:7692 -12.07% 43 Inventory Turnover is 0.68 as of Mar. 2026. GuruFocus rates XKLS:7692 with a GF Score™ of 43/100 and a GF Value™ of RM0.48 (Possible Value Trap). The stock has 4 warning signs investors should review.

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. MyTech Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM1.55 Mil. MyTech Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM2.30 Mil. MyTech Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MyTech Group Bhd's Days Inventory for the three months ended in Mar. 2026 was 134.91.

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. MyTech Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.59.

MyTech Group Bhd  (XKLS:7692) 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.

MyTech Group Bhd's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=2.2975/1.554*365 / 4
=134.91

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.

MyTech Group Bhd's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.2975 / 3.904
=0.59

* 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.

MyTech Group Bhd Inventory Turnover Related Terms

MyTech Group Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for MyTech 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.

MyTech Group Bhd Inventory Turnover Chart

MyTech Group Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.10 1.34 2.83 2.55

MyTech Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.61 0.62 0.63 0.63 0.68
XKLS:7692
43GF Score
MyTech Group Bhd XKLS:7692
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MyTech Group Bhd Inventory Turnover Calculation

MyTech Group Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=6.019 / ((2.364 + 2.359) / 2 )
=6.019 / 2.3615
=2.55

MyTech Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1.554 / ((2.236 + 2.359) / 2 )
=1.554 / 2.2975
=0.68

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.68 mean?
MyTech Group Bhd (XKLS:7692) has a Inventory Turnover of 0.68 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MyTech Group Bhd and its competitors.
Is MyTech Group Bhd's Inventory Turnover too high?
MyTech Group Bhd's current Inventory Turnover is 0.68. Overall, MyTech Group Bhd has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MyTech Group Bhd's Inventory Turnover compare to SNA and RBC?
MyTech Group Bhd's Inventory Turnover of 0.68 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MyTech Group Bhd and its competitors. MyTech Group Bhd's current Inventory Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MyTech Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, MyTech Group Bhd (XKLS:7692) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.48, compared to a current price of RM0.26 — trading 46.9% below its estimated fair value. The current Inventory Turnover is 0.68. MyTech Group Bhd's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For MyTech Group Bhd (XKLS:7692), the current Inventory Turnover is 0.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MyTech Group Bhd (XKLS:7692) Overvalued in 2026?

Based on GuruFocus' analysis, MyTech Group Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 46.9% below its estimated GF Value™ of RM0.48. GuruFocus considers MyTech Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7692:

  • Inventory Turnover: 0.68
  • GF Value™: RM0.48 vs. price of RM0.26 (46.9% below fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the XKLS:7692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MyTech Group Bhd Business Description

Address No. 2, Jalan Solaris, K-09-01, Block K, Solaris Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
MyTech Group Bhd is principally engaged as an investment holding company through moneylending activity and insurance agency, provision of management services, and rental of properties. It has three operating segments: Manufacturing: involves the manufacturing of precision springs: Hotel involves hotel operations, Financing: involves provision of financing services; and Others which include investment holding, provision of management services, provision of financing services, and rental of properties. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia.
43GF Score

Get the complete analysis for XKLS:7692

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.26
Price
RM0.48
GF Value