Artroniq Bhd (XKLS:0038) Days Inventory : 15.97 (As of Dec. 2023)

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What is Artroniq Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Artroniq Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM2.10 Mil. Artroniq Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM11.97 Mil. Hence, Artroniq Bhd's Days Inventory for the three months ended in Dec. 2023 was 15.97.

The historical rank and industry rank for Artroniq Bhd's Days Inventory or its related term are showing as below:

XKLS:0038' s Days Inventory Range Over the Past 10 Years
Min: 11.15 Med: 76.17 Max: 86.33
Current: 25.62

During the past 13 years, Artroniq Bhd's highest Days Inventory was 86.33. The lowest was 11.15. And the median was 76.17.

XKLS:0038's Days Inventory is ranked better than
94.47% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs XKLS:0038: 25.62

Artroniq Bhd's Days Inventory increased from Jun. 2022 (7.98) to Dec. 2023 (15.97). It might indicate that Artroniq Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artroniq Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 5.71.

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. Artroniq Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.

Artroniq Bhd Days Inventory Historical Data

The historical data trend for Artroniq Bhd's Days Inventory 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.

Artroniq Bhd Days Inventory Chart

Artroniq Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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71.29

83.96

81.18

27.62

11.15

Artroniq Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															7.98	12.02	59.73	13.99	15.97

Competitive Comparison of Artroniq Bhd's Days Inventory

For the Electronics & Computer Distribution subindustry, Artroniq Bhd's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Artroniq Bhd's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artroniq Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Artroniq Bhd's Days Inventory falls into.

Artroniq Bhd Days Inventory Calculation

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

Artroniq Bhd's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (4.966	+	0)	/	1 )	/	162.626	*	365
=	4.966					/	162.626	*	365
=	11.15

Artroniq Bhd's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.092	+	2.099)	/	2 )	/	11.971	*	365 / 4
=	2.0955					/	11.971	*	365 / 4
=	15.97

Artroniq Bhd (XKLS:0038) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Artroniq Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.971	/	2.0955
	=	5.71

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.

Artroniq Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.0955	/	15.37
	=	0.14

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Artroniq Bhd Days Inventory Related Terms

Thank you for viewing the detailed overview of Artroniq Bhd's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Artroniq Bhd (XKLS:0038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Artroniq Bhd (XKLS:0038) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Jalan Pelukis U1/46B, Kawasan Perindustrian Temasya 18, Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.artroniq.com

Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology ('ICT') products; ICT-related services; Finance and investment consultation services; Management services; and Semiconductor. It generates maximum revenue from Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.

Artroniq Bhd (XKLS:0038) Headlines

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