Focus Point Holdings Bhd (XKLS:0157) Inventory Turnover : 0.38 (As of Mar. 2024)

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What is Focus Point 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. Focus Point Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM23.5 Mil. Focus Point Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM62.1 Mil. Focus Point Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Focus Point Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 240.56.

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. Focus Point Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.

Focus Point Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Focus Point 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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Focus Point Holdings Bhd Inventory Turnover Chart

Focus Point Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.41

1.20

1.26

1.74

1.61

Focus Point Holdings 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															0.36	0.39	0.41	0.43	0.38

Focus Point Holdings Bhd Inventory Turnover Calculation

Focus Point Holdings 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 )
=	91.501	/ (	(52.671	+	60.698)	/	2 )
=	91.501	/	56.6845
=	1.61

Focus Point Holdings 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 )
=	23.546	/ (	(60.698	+	63.447)	/	2 )
=	23.546	/	62.0725
=	0.38

Focus Point Holdings Bhd (XKLS:0157) 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.

Focus Point Holdings 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
	=	62.0725	/	23.546	*	365 / 4
	=	240.56

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.

Focus Point Holdings 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 )
	=	62.0725	/	68.296
	=	0.91

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.

Focus Point Holdings Bhd Inventory Turnover Related Terms

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Focus Point Holdings Bhd (XKLS:0157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Focus Point Holdings Bhd (XKLS:0157) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Jalan PJU 1/37, Unit 1, 3, 5 and 7, Dataran Prima, Petaling Jaya, SGR, MYS, 47301

Website

https://www.focus-point.com

Focus Point Holdings Bhd is engaged in the operation of eye care centers, trading of eyewear and eye care products. The company's operating segments are Optical related products, Franchise management, Food and beverages, and others. It generates the majority of its revenue from the Optical related products segment. Optical related products segment includes retailing of optical related products. Its Franchise management Management segment includes franchised professional eye care centres and food and beverage outlets. The Food and beverage segment include the provision of food and beverage services.

Focus Point Holdings Bhd (XKLS:0157) Headlines

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