MMM Group Bhd (XKLS:0159) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is MMM Group 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. MMM Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM1.43 Mil. MMM Group Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MMM Group Bhd's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. MMM Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

MMM Group Bhd Inventory Turnover Historical Data

The historical data trend for MMM Group 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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MMM Group Bhd Inventory Turnover Chart

MMM Group Bhd Annual Data

Trend

Dec11

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Dec13

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Dec16

Dec17

Dec18

Mar22

Mar23

Inventory Turnover

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MMM Group Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

MMM Group Bhd Inventory Turnover Calculation

MMM Group Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	5.602	/ (	(0	+	0)	/	1 )
=	5.602	/	0
=	N/A

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1.43	/ (	(0	+	0)	/	1 )
=	1.43	/	0
=	N/A

MMM Group Bhd (XKLS:0159) 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.

MMM Group Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	1.43	*	365 / 4
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	2.583
	=	0.00

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.

MMM Group Bhd Inventory Turnover Related Terms

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MMM Group Bhd (XKLS:0159) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MMM Group Bhd (XKLS:0159) » Definitions » Inventory Turnover

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Address

1B, Jalan Yong Shook Lin, Seksyen 7f, Level 15, Unit 15-2, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050

Website

https://www.asiamedia.my

Asia Media Group Bhd operates as an investment holding company, which provides media services. The company involved in the Digital Out-of-Home advertising industry and a wholly-owned subsidiary of Asia Media Group Berhad. The firm focuses on transit media advertising, allowing its clients to target users of public transportation in Malaysia by providing infotainments, advertisements, and contents via its Transit-TV Network System. It operates through the following segments: Investment holding and Multimedia advertising services, media communications. Geographically company generates the majority of its revenue from Malaysia.

MMM Group Bhd (XKLS:0159) Headlines

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