AppAsia Bhd (XKLS:0119) Days Inventory : 0.00 (As of Mar. 2024)

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What is AppAsia Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AppAsia Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM0.00 Mil. AppAsia Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM4.02 Mil. Hence, AppAsia Bhd's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 13 years, AppAsia Bhd's highest Days Inventory was 133.22. The lowest was 0.35. And the median was 0.63.

XKLS:0119's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.99
* Ranked among companies with meaningful Days Inventory only.

AppAsia Bhd's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. AppAsia Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

AppAsia Bhd Days Inventory Historical Data

The historical data trend for AppAsia 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.

AppAsia Bhd Days Inventory Chart

AppAsia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.64

0.58

0.40

AppAsia Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of AppAsia Bhd's Days Inventory

For the Software - Application subindustry, AppAsia 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.

AppAsia Bhd's Days Inventory Distribution in the Software Industry

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

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

AppAsia Bhd Days Inventory Calculation

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

AppAsia Bhd's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	12.618	*	365
=	0					/	12.618	*	365
=	0.00

AppAsia 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
=	( (0	+	0)	/	1 )	/	4.02	*	365 / 4
=	0					/	4.02	*	365 / 4
=	0.00

AppAsia Bhd (XKLS:0119) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.02	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	7.369
	=	0.00

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.

AppAsia Bhd Days Inventory Related Terms

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

AppAsia Bhd (XKLS:0119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppAsia Bhd (XKLS:0119) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 105 Jalan Ampang, 1-40-1, Menara Bangkok Bank, Berjaya Central Park, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.appasia.com

AppAsia Bhd is an investment holding company. Through its subsidiaries, the company operates in the segments of Investment holding, E-Commerce Business, Digital solutions Business, and other. Investment holding includes management services, E-Commerce Business segment engages in the research, development, and operation of the e-commerce websites and mobile applications. Digital solutions business provides e-media technologies. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.

AppAsia Bhd (XKLS:0119) Headlines

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