CI Holdings Bhd (XKLS:2828) Inventory Turnover : 11.35 (As of Mar. 2024)

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What is CI Holdings 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. CI Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM704 Mil. CI Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM62 Mil. CI Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 11.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CI Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 8.04.

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. CI Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

CI Holdings Bhd Inventory Turnover Historical Data

The historical data trend for CI Holdings 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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CI Holdings Bhd Inventory Turnover Chart

CI Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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48.97

46.04

45.35

41.44

55.06

CI Holdings 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															14.44	15.93	18.04	18.94	11.35

CI Holdings Bhd Inventory Turnover Calculation

CI Holdings 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 )
=	4991.249	/ (	(109.635	+	71.678)	/	2 )
=	4991.249	/	90.6565
=	55.06

CI Holdings 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 )
=	704.293	/ (	(60.345	+	63.799)	/	2 )
=	704.293	/	62.072
=	11.35

CI Holdings Bhd (XKLS:2828) 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.

CI Holdings 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
	=	62.072	/	704.293	*	365 / 4
	=	8.04

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.

CI Holdings 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 )
	=	62.072	/	761.235
	=	0.08

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.

CI Holdings Bhd Inventory Turnover Related Terms

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CI Holdings Bhd (XKLS:2828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » CI Holdings Bhd (XKLS:2828) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 1, Jalan Mayang Sari, Hampshire Place Office, Suite A-11-1, Level 11, 157 Hampshire, Kuala Lumpur, MYS, 50450

Website

http://www.cih.com.my

CI Holdings Bhd is engaged in investment holding and the provision of management services. The company's operating segment includes Edible oil; Tap-ware and sanitary ware; and Investment holdings. It generates maximum revenue from the Edible oil segment. The edible oil segment is engaged in the selling, packing, and marketing of all types of edible oil. Its Tap-ware and sanitary ware segment is engaged in the manufacture and trading of household fittings and appliances such as water taps, plumbing accessories and sanitary wares. Geographically, it derives a majority of revenue from Africa and also has a presence in Malaysia; Asia and Other regions.

CI Holdings Bhd (XKLS:2828) Headlines

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