Kawan Food Bhd (XKLS:7216) Inventory Turnover : 1.68 (As of Mar. 2024)

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What is Kawan Food 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. Kawan Food Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM57.5 Mil. Kawan Food Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM34.2 Mil. Kawan Food Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kawan Food Bhd's Days Inventory for the three months ended in Mar. 2024 was 54.19.

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. Kawan Food Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Kawan Food Bhd Inventory Turnover Historical Data

The historical data trend for Kawan Food 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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Kawan Food Bhd Inventory Turnover Chart

Kawan Food Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.04

5.70

5.12

5.13

5.23

Kawan Food 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															1.36	1.13	1.27	1.38	1.68

Kawan Food Bhd Inventory Turnover Calculation

Kawan Food Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	205.148	/ (	(42.034	+	36.43)	/	2 )
=	205.148	/	39.232
=	5.23

Kawan Food 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 )
=	57.535	/ (	(36.43	+	31.906)	/	2 )
=	57.535	/	34.168
=	1.68

Kawan Food Bhd (XKLS:7216) 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.

Kawan Food 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
	=	34.168	/	57.535	*	365 / 4
	=	54.19

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.

Kawan Food 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 )
	=	34.168	/	80.642
	=	0.42

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.

Kawan Food Bhd Inventory Turnover Related Terms

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Kawan Food Bhd (XKLS:7216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kawan Food Bhd (XKLS:7216) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Lot 129351, Jalan Sungai Pinang 4/19, Selangor Halal Hub, Fasa 2C, Taman Perindustrian Pulau Indah, Pulau Indah, SGR, MYS, 42920

Website

https://www.kawanfood.com

Kawan Food Bhd is an investment holding company principally engaged in the business of manufacturing and selling frozen food products. The product portfolio includes Bakery, Bun, Chapatti, Dessert, Finger Food, Frozen Vegetable, Paratha and Spring Roll Pastry and others. The company produce and sell food under the brands of Kawan, KG Pastry, Veat, PassionBake and Aman, of which Kawan remains its key brand. The group is also involved in the other businesses of investment property and rental of trucks; food truck operator and others. Its geographical segments include Malaysia, North America, Rest of Asia, Europe, Oceania, and Africa.

Kawan Food Bhd (XKLS:7216) Headlines

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