Taliworks Bhd (XKLS:8524) Inventory Turnover : 1.15 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Taliworks 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. Taliworks Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM56.9 Mil. Taliworks Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM49.5 Mil. Taliworks Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taliworks Bhd's Days Inventory for the three months ended in Mar. 2024 was 79.38.

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. Taliworks Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Taliworks Bhd Inventory Turnover Historical Data

The historical data trend for Taliworks 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.

Taliworks Bhd Inventory Turnover Chart

Taliworks Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

189.07

95.49

62.79

17.31

8.35

Taliworks Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.69	1.73	1.43	1.73	1.15

Taliworks Bhd Inventory Turnover Calculation

Taliworks Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	250.191	/ (	(20.914	+	39.023)	/	2 )
=	250.191	/	29.9685
=	8.35

Taliworks Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	56.885	/ (	(39.023	+	59.95)	/	2 )
=	56.885	/	49.4865
=	1.15

Taliworks Bhd (XKLS:8524) 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.

Taliworks Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	49.4865	/	56.885	*	365 / 4
	=	79.38

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.

Taliworks Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	49.4865	/	93.327
	=	0.53

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.

Taliworks Bhd Inventory Turnover Related Terms

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

Taliworks Bhd (XKLS:8524) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Taliworks Corp Bhd (XKLS:8524) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Wan Kadir, Level 19, Menara LGB, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.taliworks.com.my

Taliworks Corp Bhd is an investment holding company. The company's operating segment includes Water; Waste management; Construction; Toll highway; Renewables, and others. It generates maximum revenue from the Waste management segment. The Waste Management segment includes solid waste collection and public cleansing management and other related activities. Its Water segment includes management, operations, and maintenance of water treatment plants and water distribution systems. The Construction segment is engaged in the provision of contracting, project, and management services relating to construction contracts. The toll highway segment includes operations and maintenance of toll highways. The renewables segment includes business development of solar and other renewable energy projects.

Taliworks Bhd (XKLS:8524) Headlines

No Headlines