Shin Yang Group Bhd (XKLS:5173) Change In Inventory : RM5.3 Mil (TTM As of Dec. 2023)

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What is Shin Yang Group Bhd Change In Inventory?

Shin Yang Group Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-0.5 Mil. It means Shin Yang Group Bhd's inventory increased by RM0.5 Mil from Sep. 2023 to Dec. 2023 .

Shin Yang Group Bhd's change in inventory for the fiscal year that ended in Jun. 2023 was RM1.8 Mil. It means Shin Yang Group Bhd's inventory declined by RM1.8 Mil from Jun. 2022 to Jun. 2023 .

Shin Yang Group Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM36.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shin Yang Group Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 15.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Yang Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.83.

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. Shin Yang Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Shin Yang Group Bhd Change In Inventory Historical Data

The historical data trend for Shin Yang Group Bhd'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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Shin Yang Group Bhd Change In Inventory Chart

Shin Yang Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-19.07

8.76

14.00

6.75

1.83

Shin Yang Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.58	2.03	6.12	-2.37	-0.51

Shin Yang Group Bhd 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 quarterly data reported by the company within the most recent 12 months, which was RM5.3 Mil.

Shin Yang Group Bhd (XKLS:5173) Change In Inventory Explanation

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

Shin Yang Group Bhd's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	36.544	/	212.88	*	365 / 4
	=	15.66

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

Shin Yang Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	212.88	/	36.544
	=	5.83

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.

Shin Yang Group Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.544	/	235.274
	=	0.16

Shin Yang Group Bhd Change In Inventory Related Terms

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Shin Yang Group Bhd (XKLS:5173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shin Yang Group Bhd (XKLS:5173) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100

Website

https://www.syshippingcorp.com.my

Shin Yang Group Bhd formerly Shin Yang Shipping Corp Bhd is a shipping company engaged in shipbuilding and shipping services. It has four business segments, shipping, ship repair and fabrication of metal structures segment, domestic and regional shipping segment which generates the majority of revenue, carries out shipping business in coastal and regional routes within Malaysia and the ASEAN region, International shipping segment, Land transportation and hiring services segment, Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance and trading in welding equipment and machinery, and others segment consist of the business of shipping agency. It operates in various countries like Malaysia, Singapore, Netherlands, Japan, Taiwan, and others.

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