Barakah Offshore Petroleum Bhd (XKLS:7251) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Barakah Offshore Petroleum 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. Barakah Offshore Petroleum Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM38.2 Mil. Barakah Offshore Petroleum Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Barakah Offshore Petroleum Bhd's Days Inventory for the three months ended in Mar. 2024 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. Barakah Offshore Petroleum Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Barakah Offshore Petroleum Bhd Inventory Turnover Historical Data

The historical data trend for Barakah Offshore Petroleum 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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Barakah Offshore Petroleum Bhd Inventory Turnover Chart

Barakah Offshore Petroleum Bhd Annual Data

Trend

Dec12

Sep13

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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32.17

17.85

Barakah Offshore Petroleum 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															-	-	-	-	-

Barakah Offshore Petroleum Bhd Inventory Turnover Calculation

Barakah Offshore Petroleum Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	110.59	/ (	(0	+	0)	/	1 )
=	110.59	/	0
=	N/A

Barakah Offshore Petroleum 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 )
=	38.186	/ (	(0	+	0)	/	1 )
=	38.186	/	0
=	N/A

Barakah Offshore Petroleum Bhd (XKLS:7251) 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.

Barakah Offshore Petroleum 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
	=	0	/	38.186	*	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.

Barakah Offshore Petroleum 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 )
	=	0	/	40.253
	=	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.

Barakah Offshore Petroleum Bhd Inventory Turnover Related Terms

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Barakah Offshore Petroleum Bhd (XKLS:7251) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Barakah Offshore Petroleum Bhd (XKLS:7251) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Kota Damansara PJU 5, Level 6, Menara Mitraland, No.13A, Jalan PJU 5/1, Petaling Jaya, SGR, MYS, 47810

Website

https://www.barakahpetroleum.com

Barakah Offshore Petroleum Bhd is a Malaysia-based investment holding company. It is involved in the oil and gas industry in Malaysia. The company's business portfolio comprises Pipeline Services; Offshore Transportation and Installation; Topside major Maintenance and Hook-up Commissioning; EPCC (Engineering, Procurement, Construction and Commissioning) Onshore Pipeline and Construction; Underwater Services; Ship Management and Chartering; and Technology, Mineral Operation, and Services. It mainly caters to the oil and gas industry.

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