Oiltek International (SGX:HQU) Change In Inventory : S$0.01 Mil (TTM As of Dec. 2023)

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What is Oiltek International Change In Inventory?

Oiltek International's change in inventory for the quarter that ended in Dec. 2023 was S$0.04 Mil. It means Oiltek International's inventory declined by S$0.04 Mil from Jun. 2023 to Dec. 2023 .

Oiltek International's change in inventory for the fiscal year that ended in Dec. 2023 was S$0.01 Mil. It means Oiltek International's inventory declined by S$0.01 Mil from Dec. 2022 to Dec. 2023 .

Oiltek International's Total Inventories for the quarter that ended in Dec. 2023 was S$0.16 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oiltek International's Days Inventory for the quarter that ended in Dec. 2023 was 1.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oiltek International's Inventory Turnover for the quarter that ended in Dec. 2023 was 153.97.

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. Oiltek International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Oiltek International Change In Inventory Historical Data

The historical data trend for Oiltek International's Change In Inventory 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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Oiltek International Change In Inventory Chart

Oiltek International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.10

-0.14

0.06

0.09

0.01

Oiltek International Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial					-0.07	-	0.09	-0.03	0.04

Oiltek International Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.01 Mil.

Oiltek International (SGX:HQU) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Oiltek International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1835	/	28.254	*	365 / 2
	=	1.19

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Oiltek International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.254	/	0.1835
	=	153.97

3. 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.

Oiltek International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1835	/	35.572
	=	0.01

Oiltek International Change In Inventory Related Terms

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Oiltek International (SGX:HQU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oiltek International Ltd (SGX:HQU) » Definitions » Change In Inventory

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Address

Kawasan MIEL Phase 10, Lot 6, Jalan Pasaran 23/5, Section 23, Selangor Darul Ehsan, Shah Alam, SGR, MYS, 40300

Website

https://www.oiltek.com.my

Oiltek International Ltd is an integrated process technology and renewable energy solutions provider in the vegetable oils industry. It is engaged in the supply and provision of engineering design and commissioning of oil extraction equipment and plant. The company provides solutions that cater to all types of vegetable oils, including palm oil, soybean oil, and rapeseed oil, which are some of the major agricultural commodities in the world.

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