KESM Industries Bhd (XKLS:9334) Inventory Turnover : 2.89 (As of Apr. 2024)

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What is KESM Industries 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. KESM Industries Bhd's Cost of Goods Sold for the three months ended in Apr. 2024 was RM4.9 Mil. KESM Industries Bhd's Average Total Inventories for the quarter that ended in Apr. 2024 was RM1.7 Mil. KESM Industries Bhd's Inventory Turnover for the quarter that ended in Apr. 2024 was 2.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KESM Industries Bhd's Days Inventory for the three months ended in Apr. 2024 was 31.55.

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. KESM Industries Bhd's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.03.

KESM Industries Bhd Inventory Turnover Historical Data

The historical data trend for KESM Industries 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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KESM Industries Bhd Inventory Turnover Chart

KESM Industries Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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5.10

3.53

5.34

5.09

10.89

KESM Industries Bhd Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															2.52	2.50	3.00	2.51	2.89

KESM Industries Bhd Inventory Turnover Calculation

KESM Industries Bhd's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	18.272	/ (	(1.867	+	1.488)	/	2 )
=	18.272	/	1.6775
=	10.89

KESM Industries Bhd's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	4.883	/ (	(1.677	+	1.7)	/	2 )
=	4.883	/	1.6885
=	2.89

KESM Industries Bhd (XKLS:9334) 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.

KESM Industries Bhd's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	1.6885	/	4.883	*	365 / 4
	=	31.55

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.

KESM Industries Bhd's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	1.6885	/	61.208
	=	0.03

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.

KESM Industries Bhd Inventory Turnover Related Terms

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KESM Industries Bhd (XKLS:9334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KESM Industries Bhd (XKLS:9334) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

17 Jalan SS7/26, 802, 8th Floor, Block C, Kelana Square, Petaling Jaya, SGR, MYS, 47301

Website

https://www.kesmi.com

KESM Industries Bhd is a Malaysia-based company. It operates its business through segments that are Burn-in, Testing, and Electronic Manufacturing Services. The company's products are used by the semiconductor industry. Geographically, the company's products are sold in Malaysia, the People's Republic of China, and Other regions. The Malaysia region generates maximum revenue for the company.

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