Wang- Zheng Bhd (XKLS:7203) Change In Inventory : RM0.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Wang- Zheng Bhd Change In Inventory?

Wang- Zheng Bhd's change in inventory for the quarter that ended in Mar. 2024 was RM7.6 Mil. It means Wang- Zheng Bhd's inventory declined by RM7.6 Mil from Dec. 2023 to Mar. 2024 .

Wang- Zheng Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-11.8 Mil. It means Wang- Zheng Bhd's inventory increased by RM11.8 Mil from Dec. 2022 to Dec. 2023 .

Wang- Zheng Bhd's Total Inventories for the quarter that ended in Mar. 2024 was RM61.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wang- Zheng Bhd's Days Inventory for the quarter that ended in Mar. 2024 was 96.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wang- Zheng Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.95.

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. Wang- Zheng Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.94.

Wang- Zheng Bhd Change In Inventory Historical Data

The historical data trend for Wang- Zheng Bhd's Change In Inventory 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.

* Premium members only.

Wang- Zheng Bhd Change In Inventory Chart

Wang- Zheng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

8.77

-5.98

2.92

-12.92

-11.80

Wang- Zheng Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-4.95	1.39	-9.17	0.93	7.64

Wang- Zheng Bhd Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.8 Mil.

Wang- Zheng Bhd (XKLS:7203) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Wang- Zheng Bhd's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	65.4035	/	62.114	*	365 / 4
	=	96.08

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Wang- Zheng Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	62.114	/	65.4035
	=	0.95

3. 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.

Wang- Zheng Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	65.4035	/	69.473
	=	0.94

Wang- Zheng Bhd Change In Inventory Related Terms

Thank you for viewing the detailed overview of Wang- Zheng Bhd's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Wang- Zheng Bhd (XKLS:7203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Wang- Zheng Bhd (XKLS:7203) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1 Jalan Utarid U5/19, Section U5, Shah Alam, SGR, MYS, 40150

Website

https://www.wangzhengberhad.com

Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others.

Wang- Zheng Bhd (XKLS:7203) Headlines

No Headlines