MKH Bhd (XKLS:6114) Inventory Turnover : 0.40 (As of Mar. 2024)

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What is MKH 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. MKH Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM194 Mil. MKH Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM488 Mil. MKH Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MKH Bhd's Days Inventory for the three months ended in Mar. 2024 was 229.50.

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. MKH Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.83.

MKH Bhd Inventory Turnover Historical Data

The historical data trend for MKH 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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MKH Bhd Inventory Turnover Chart

MKH Bhd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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1.19

1.04

1.02

1.03

1.45

MKH 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															0.32	0.37	0.46	0.46	0.40

MKH Bhd Inventory Turnover Calculation

MKH Bhd's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	819.124	/ (	(631.564	+	499.676)	/	2 )
=	819.124	/	565.62
=	1.45

MKH 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 )
=	193.846	/ (	(494.152	+	480.922)	/	2 )
=	193.846	/	487.537
=	0.40

MKH Bhd (XKLS:6114) 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.

MKH 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
	=	487.537	/	193.846	*	365 / 4
	=	229.50

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.

MKH 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 )
	=	487.537	/	267.082
	=	1.83

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.

MKH Bhd Inventory Turnover Related Terms

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MKH Bhd (XKLS:6114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MKH Bhd (XKLS:6114) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Jalan Semenyih, Suite 1, 5th Floor, Wisma MKH, Kajang, SGR, MYS, 43000

Website

https://www.mkhberhad.com

MKH Bhd is an investment holding and management service company. The group's principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; Trading; Manufacturing and Investment holding. It generates maximum revenue from Property Development and Construction segment. Geographically, it derives a majority of its revenue from Malaysia.

MKH Bhd (XKLS:6114) Headlines

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