Gadang Holdings Bhd (XKLS:9261) Inventory Turnover : 0.29 (As of Nov. 2024)

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What is Gadang Holdings 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. Gadang Holdings Bhd's Cost of Goods Sold for the three months ended in Nov. 2024 was RM153.2 Mil. Gadang Holdings Bhd's Average Total Inventories for the quarter that ended in Nov. 2024 was RM535.2 Mil. Gadang Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2024 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gadang Holdings Bhd's Days Inventory for the three months ended in Nov. 2024 was 318.90.

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. Gadang Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 3.01.

Gadang Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Gadang Holdings 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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Gadang Holdings Bhd Inventory Turnover Chart

Gadang Holdings Bhd Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Inventory Turnover

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0.68

0.63

0.75

0.72

0.92

Gadang Holdings 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															0.26	0.23	0.25	0.24	0.29

Gadang Holdings Bhd Inventory Turnover Calculation

Gadang Holdings Bhd's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

	Inventory Turnover (A: May. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2024 )	/ (	(Total Inventories (A: May. 2023 )	+	Total Inventories (A: May. 2024 ))	/	count )
=	506.864	/ (	(566.274	+	535.265)	/	2 )
=	506.864	/	550.7695
=	0.92

Gadang Holdings 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 )
=	153.153	/ (	(536.777	+	533.7)	/	2 )
=	153.153	/	535.2385
=	0.29

Gadang Holdings Bhd (XKLS:9261) 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.

Gadang Holdings 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
	=	535.2385	/	153.153	*	365 / 4
	=	318.90

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.

Gadang Holdings 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 )
	=	535.2385	/	177.782
	=	3.01

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.

Gadang Holdings Bhd Inventory Turnover Related Terms

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Gadang Holdings Bhd Business Description

Industry

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Address

Wisma Gadang, Number 52 Jalan Tago 2, Off Jalan Persiaran Utama, Sri Damansara, Kuala Lumpur, SGR, MYS, 52200

Website

https://www.gadang.com.my

Gadang Holdings Bhd is an investment holding company. The company's operating segment includes Construction; Property; Utility and Investment holding and Other. It generates maximum revenue from the Construction division segment. The construction division segment is engaged in civil engineering works encompassing earthworks, infrastructure works, hospitals and mechanical and electrical works. The Property division segment is engaged in the development of residential and commercial properties. Its Utility division segment includes construction, maintenance and management of water and power supply facilities. Geographically, the company derives revenue from Malaysia, Indonesia, and Singapore. It derives a majority of its revenue from Malaysia.

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