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Zen Tech International Bhd (XKLS:0094) Days Inventory : 31.89 (As of Mar. 2024)


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What is Zen Tech International Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zen Tech International Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM3.57 Mil. Zen Tech International Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM10.21 Mil. Hence, Zen Tech International Bhd's Days Inventory for the three months ended in Mar. 2024 was 31.89.

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

XKLS:0094' s Days Inventory Range Over the Past 10 Years
Min: 14.04   Med: 41.29   Max: 1337.26
Current: 28.15

During the past 13 years, Zen Tech International Bhd's highest Days Inventory was 1337.26. The lowest was 14.04. And the median was 41.29.

XKLS:0094's Days Inventory is ranked better than
97.2% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 195.56 vs XKLS:0094: 28.15

Zen Tech International Bhd's Days Inventory declined from Mar. 2023 (76.94) to Mar. 2024 (31.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zen Tech International Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 2.86.

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. Zen Tech International Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.


Zen Tech International Bhd Days Inventory Historical Data

The historical data trend for Zen Tech International 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.

Zen Tech International Bhd Days Inventory Chart

Zen Tech International Bhd Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 41.29 26.81

Zen Tech International Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Apr20 Jul20 Oct20 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 76.94 18.29 32.85 29.57 31.89

Competitive Comparison of Zen Tech International Bhd's Days Inventory

For the Medical Instruments & Supplies subindustry, Zen Tech International 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.


Zen Tech International Bhd's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zen Tech International Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zen Tech International Bhd's Days Inventory falls into.



Zen Tech International Bhd Days Inventory Calculation

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

Zen Tech International Bhd's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.13 + 2.263) / 2 ) / 29.908*365
=2.1965 / 29.908*365
=26.81

Zen Tech International Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2.997 + 4.139) / 2 ) / 10.211*365 / 4
=3.568 / 10.211*365 / 4
=31.89

* 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.


Zen Tech International Bhd  (XKLS:0094) 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.

Zen Tech International Bhd's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Zen Tech International Bhd's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


Zen Tech International Bhd Days Inventory Related Terms

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


Zen Tech International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lingkaran Syed Putra, Unit No. 53-6 The Boulevard, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the Software and Books segment, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

Zen Tech International Bhd Headlines

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