TMC Life Sciences Bhd (XKLS:0101) Inventory Turnover : 1.98 (As of Mar. 2024)

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What is TMC Life Sciences 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. TMC Life Sciences Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM24.3 Mil. TMC Life Sciences Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM12.3 Mil. TMC Life Sciences Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TMC Life Sciences Bhd's Days Inventory for the three months ended in Mar. 2024 was 46.12.

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. TMC Life Sciences Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

TMC Life Sciences Bhd Inventory Turnover Historical Data

The historical data trend for TMC Life Sciences 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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TMC Life Sciences Bhd Inventory Turnover Chart

TMC Life Sciences Bhd Annual Data

Trend

May13

May14

May15

May16

Aug17

Aug18

Aug19

Jun21

Jun22

Jun23

Inventory Turnover

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5.65

5.53

6.32

7.16

7.43

TMC Life Sciences Bhd Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.65	1.78	1.97	1.99	1.98

TMC Life Sciences Bhd Inventory Turnover Calculation

TMC Life Sciences 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 )
=	90.093	/ (	(10.878	+	13.372)	/	2 )
=	90.093	/	12.125
=	7.43

TMC Life Sciences 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 )
=	24.296	/ (	(12.835	+	11.722)	/	2 )
=	24.296	/	12.2785
=	1.98

TMC Life Sciences Bhd (XKLS:0101) 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.

TMC Life Sciences 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
	=	12.2785	/	24.296	*	365 / 4
	=	46.12

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.

TMC Life Sciences 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 )
	=	12.2785	/	86.073
	=	0.14

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.

TMC Life Sciences Bhd Inventory Turnover Related Terms

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TMC Life Sciences Bhd (XKLS:0101) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TMC Life Sciences Bhd (XKLS:0101) » Definitions » Inventory Turnover

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Address

No. 11, PJU 5, Jalan Teknologi, Level 11, Taman Sains, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.tmclife.com

TMC Life Sciences Bhd is an investment holding company operating a multi-disciplinary tertiary care center and fertility center in Malaysia. It operates Tropicana Medical Centre, Kota Damansara (TMCKD), a medical center located in Petaling Jaya. Its TMCKD provides healthcare services in various medical/surgical specialties and subspecialties, including anesthesiology, cancer, cardiology, colorectal, dermatology, ENT, fertility, gastroenterology, as well as offers internal medicines and respiratory medicines. Its fertility center provides a range of fertility treatments for couples. The company also operates a women's clinic; provides fertility consultancy, laboratory, and embryology services; and offers pharmacy services and products.

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