Dutch Lady Milk Industries Bhd (XKLS:3026) Inventory Turnover : 1.00 (As of Mar. 2024)

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What is Dutch Lady Milk 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. Dutch Lady Milk Industries Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM236 Mil. Dutch Lady Milk Industries Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM237 Mil. Dutch Lady Milk Industries Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dutch Lady Milk Industries Bhd's Days Inventory for the three months ended in Mar. 2024 was 91.58.

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. Dutch Lady Milk Industries Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Dutch Lady Milk Industries Bhd Inventory Turnover Historical Data

The historical data trend for Dutch Lady Milk 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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Dutch Lady Milk Industries Bhd Inventory Turnover Chart

Dutch Lady Milk Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.98

5.20

4.70

5.05

4.32

Dutch Lady Milk Industries 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															1.19	1.10	1.19	1.10	1.00

Dutch Lady Milk Industries Bhd Inventory Turnover Calculation

Dutch Lady Milk Industries 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 )
=	1014.426	/ (	(228.882	+	241.098)	/	2 )
=	1014.426	/	234.99
=	4.32

Dutch Lady Milk Industries 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 )
=	236.092	/ (	(241.098	+	232.799)	/	2 )
=	236.092	/	236.9485
=	1.00

Dutch Lady Milk Industries Bhd (XKLS:3026) 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.

Dutch Lady Milk Industries 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
	=	236.9485	/	236.092	*	365 / 4
	=	91.58

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.

Dutch Lady Milk Industries 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 )
	=	236.9485	/	362.773
	=	0.65

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.

Dutch Lady Milk Industries Bhd Inventory Turnover Related Terms

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Dutch Lady Milk Industries Bhd (XKLS:3026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dutch Lady Milk Industries Bhd (XKLS:3026) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

112, Jalan Prof. Khoo Kay Kim, Level 5, Quill 9, Petaling Jaya, SGR, MYS, 46300

Website

https://www.dutchlady.com.my

Dutch Lady Milk Industries Bhd is a Malaysia-based company that manufactures and distributes a wide range of dairy products, such as specialized powders for infant and growing up children, liquid milk in different packaging formats and yoghurts. The Company markets these products under various brand names such as Dutch Lady, Dutch Baby, Frisolac, Friso Gold and Dutch Lady PureFarm.

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