Maral Overseas Reports Negative Financial Performance, Inventory Turnover Ratio at 5-Year Low

This may impact its cash flow and working capital management.Inventory Turnover Ratio- Half Yearly: Lowest at 3.31 times in the last five half yearly periods.Company's pace of selling its inventory has slowed. This may indicate a decrease in demand for its products.
Overall, Maral Overseas has reported a negative financial performance for the quarter ending June 2024. The company's Profit Before Tax and Profit After Tax have both seen a significant decline compared to the previous four quarters. Additionally, the company's Debt-Equity Ratio has been consistently increasing over the last five half yearly periods, indicating a higher reliance on borrowing to fund its operations. The company's pace of settling its Debtors and selling its inventory has also slowed down, which may impact its cash flow and working capital management. Based on these financials, MarketsMOJO has given a 'Sell' call for Maral Overseas' stock. Investors should carefully consider these factors before making any investment decisions.