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Asia Brands Bhd (XKLS:7722) Inventory-to-Revenue : 1.46 (As of Dec. 2023)


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What is Asia Brands Bhd Inventory-to-Revenue?

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. Asia Brands Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM75.3 Mil. Asia Brands Bhd's Revenue for the three months ended in Dec. 2023 was RM51.5 Mil. Asia Brands Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.46.

Asia Brands Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.70) to Sep. 2023 (1.46)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asia Brands Bhd's Days Inventory for the three months ended in Dec. 2023 was 296.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Brands Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.31.


Asia Brands Bhd Inventory-to-Revenue Historical Data

The historical data trend for Asia Brands Bhd's Inventory-to-Revenue 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.

Asia Brands Bhd Inventory-to-Revenue Chart

Asia Brands Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.34 0.37 0.35 0.35

Asia Brands Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 1.62 1.49 1.70 1.46

Competitive Comparison of Asia Brands Bhd's Inventory-to-Revenue

For the Apparel Retail subindustry, Asia Brands Bhd's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asia Brands Bhd's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Brands Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Asia Brands Bhd's Inventory-to-Revenue falls into.



Asia Brands Bhd Inventory-to-Revenue Calculation

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.

Asia Brands Bhd's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (53.398 + 74.513) / 2 ) / 184.554
=63.9555 / 184.554
=0.35

Asia Brands Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (75.355 + 75.196) / 2 ) / 51.528
=75.2755 / 51.528
=1.46

* 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.


Asia Brands Bhd  (XKLS:7722) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Asia Brands Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=75.2755/23.16*365 / 4
=296.58

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

Asia Brands Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=23.16 / 75.2755
=0.31

* 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.


Asia Brands Bhd Inventory-to-Revenue Related Terms

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Asia Brands Bhd (XKLS:7722) Business Description

Traded in Other Exchanges
N/A
Address
Lot 10449, Jalan Nenas, Batu 4.5, Kampung Jawa, Klang, SGR, MYS, 41000
Asia Brands Bhd is an investment holding company. The company is engaged in the wholesale, retail, and distribution of ready-made casual wear, baby and children wear, lingerie and ladies' wear, and their related accessories. Geographically, it operates and derives revenue from Malaysia. It has two divisions namely Baby Products and Lingerie Products. It earns maximum revenue from Baby Products Division. Its Brands are Anakku, Disney Baby, First Care, Mini Care, and Hello Kitty.

Asia Brands Bhd (XKLS:7722) Headlines

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