Sapura Industrial Bhd (XKLS:7811) Inventory Turnover : 2.25 (As of Oct. 2023)

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What is Sapura Industrial 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. Sapura Industrial Bhd's Cost of Goods Sold for the three months ended in Oct. 2023 was RM66.9 Mil. Sapura Industrial Bhd's Average Total Inventories for the quarter that ended in Oct. 2023 was RM29.7 Mil. Sapura Industrial Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 was 2.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sapura Industrial Bhd's Days Inventory for the three months ended in Oct. 2023 was 40.49.

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. Sapura Industrial Bhd's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.39.

Sapura Industrial Bhd Inventory Turnover Historical Data

The historical data trend for Sapura Industrial 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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Sapura Industrial Bhd Inventory Turnover Chart

Sapura Industrial Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Inventory Turnover

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7.09

7.15

5.01

4.74

6.72

Sapura Industrial Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															2.13	1.93	1.93	1.94	2.25

Sapura Industrial Bhd Inventory Turnover Calculation

Sapura Industrial Bhd's Inventory Turnover for the fiscal year that ended in Jan. 2023 is calculated as

	Inventory Turnover (A: Jan. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2023 )	/ (	(Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )
=	218.221	/ (	(31.108	+	33.828)	/	2 )
=	218.221	/	32.468
=	6.72

Sapura Industrial Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	66.896	/ (	(30.868	+	28.502)	/	2 )
=	66.896	/	29.685
=	2.25

Sapura Industrial Bhd (XKLS:7811) 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.

Sapura Industrial Bhd's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	29.685	/	66.896	*	365 / 4
	=	40.49

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.

Sapura Industrial Bhd's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	29.685	/	77.086
	=	0.39

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.

Sapura Industrial Bhd Inventory Turnover Related Terms

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Sapura Industrial Bhd (XKLS:7811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sapura Industrial Bhd (XKLS:7811) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Lot 2 & 4, Jalan P/11, Seksyen 10,, Kawasan Perindustrian Bangi,, Bandar Baru Bangi,, SGR, MYS, 43650

Website

https://www.sapuraindustrial.com.my

Sapura Industrial Bhd is an automotive components manufacturer. The company is organized into three business segments namely Manufacturing engaged in the manufacture and supply of products for the automotive, electronics, and electrical industries, and the manufacture of butt-weld fittings for oil and gas industries; Investment holding engaged in the holding of investments and provision of management services to subsidiaries; and Others engaged in trading of auto parts in the retail and after-sales market, providing computer-aided design and manufacture of sub-systems and systems for applications in production and testing and other dormant companies. The company earns the majority of its revenue from the Manufacturing segment. The company's operations are carried out solely in Malaysia.

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