Concrete Engineering Products Bhd (XKLS:8435) Inventory Turnover : 0.32 (As of Nov. 2024)

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What is Concrete Engineering Products 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. Concrete Engineering Products Bhd's Cost of Goods Sold for the three months ended in Nov. 2024 was RM10.71 Mil. Concrete Engineering Products Bhd's Average Total Inventories for the quarter that ended in Nov. 2024 was RM33.17 Mil. Concrete Engineering Products Bhd's Inventory Turnover for the quarter that ended in Nov. 2024 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Concrete Engineering Products Bhd's Days Inventory for the three months ended in Nov. 2024 was 282.77.

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. Concrete Engineering Products Bhd's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 2.76.

Concrete Engineering Products Bhd Inventory Turnover Historical Data

The historical data trend for Concrete Engineering Products 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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Concrete Engineering Products Bhd Inventory Turnover Chart

Concrete Engineering Products Bhd Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Inventory Turnover

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1.64

2.09

3.49

3.09

2.39

Concrete Engineering Products Bhd Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Inventory Turnover	Get a 7-Day Free Trial															1.01	0.68	0.40	0.36	0.32

Concrete Engineering Products Bhd Inventory Turnover Calculation

Concrete Engineering Products Bhd's Inventory Turnover for the fiscal year that ended in Aug. 2024 is calculated as

	Inventory Turnover (A: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2024 )	/ (	(Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )
=	79.888	/ (	(31.695	+	35.268)	/	2 )
=	79.888	/	33.4815
=	2.39

Concrete Engineering Products Bhd's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

	Inventory Turnover (Q: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2024 )	/ (	(Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Nov. 2024 ))	/	count )
=	10.705	/ (	(35.268	+	31.079)	/	2 )
=	10.705	/	33.1735
=	0.32

Concrete Engineering Products Bhd (XKLS:8435) 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.

Concrete Engineering Products Bhd's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2024 )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
	=	33.1735	/	10.705	*	365 / 4
	=	282.77

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.

Concrete Engineering Products Bhd's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2024 )	/	Revenue (Q: Nov. 2024 )
	=	33.1735	/	11.998
	=	2.76

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.

Concrete Engineering Products Bhd Inventory Turnover Related Terms

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Concrete Engineering Products Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Concrete Engineering Products Bhd (XKLS:8435) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 22nd Floor Menara Promet KH, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.cepco.com.my

Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation piles for buildings, pile embankments, bridges, ports, and marine structures, and the poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives a majority of its revenue from Malaysia and it also operates in Southeast Asia.

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