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Infoline Tec Group Bhd (XKLS:0253) Days Inventory : 5.35 (As of Jun. 2024)


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What is Infoline Tec Group Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Infoline Tec Group Bhd's Average Total Inventories for the three months ended in Jun. 2024 was RM0.73 Mil. Infoline Tec Group Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM12.42 Mil. Hence, Infoline Tec Group Bhd's Days Inventory for the three months ended in Jun. 2024 was 5.35.

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

XKLS:0253' s Days Inventory Range Over the Past 10 Years
Min: 4.25   Med: 13.71   Max: 32.68
Current: 4.25

During the past 6 years, Infoline Tec Group Bhd's highest Days Inventory was 32.68. The lowest was 4.25. And the median was 13.71.

XKLS:0253's Days Inventory is ranked better than
73.87% of 1565 companies
in the Software industry
Industry Median: 18.6 vs XKLS:0253: 4.25

Infoline Tec Group Bhd's Days Inventory increased from Jun. 2023 (2.71) to Jun. 2024 (5.35). It might indicate that Infoline Tec Group Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Infoline Tec Group Bhd's Inventory Turnover for the three months ended in Jun. 2024 was 17.05.

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. Infoline Tec Group Bhd's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.04.


Infoline Tec Group Bhd Days Inventory Historical Data

The historical data trend for Infoline Tec Group 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.

Infoline Tec Group Bhd Days Inventory Chart

Infoline Tec Group Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 17.11 10.30 17.77 9.33 6.12

Infoline Tec Group Bhd Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.71 3.17 4.21 4.12 5.35

Competitive Comparison of Infoline Tec Group Bhd's Days Inventory

For the Software - Infrastructure subindustry, Infoline Tec Group 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.


Infoline Tec Group Bhd's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Infoline Tec Group Bhd's Days Inventory falls into.



Infoline Tec Group Bhd Days Inventory Calculation

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

Infoline Tec Group 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
=( (0.358 + 0.788) / 2 ) / 34.19*365
=0.573 / 34.19*365
=6.12

Infoline Tec Group Bhd's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.684 + 0.773) / 2 ) / 12.422*365 / 4
=0.7285 / 12.422*365 / 4
=5.35

* 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.


Infoline Tec Group Bhd  (XKLS:0253) 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.

Infoline Tec Group Bhd's Inventory Turnover for the three months ended in Jun. 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.

Infoline Tec Group Bhd's Inventory to Revenue for the three months ended in Jun. 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.


Infoline Tec Group Bhd Days Inventory Related Terms

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


Infoline Tec Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 53-3, Jalan PJU 5/20E, Kota Damansara, Pusat Perdagangan, Petaling Jaya, SGR, MYS, 47810
Infoline Tec Group Bhd is engaged in the business of investment holding. The Group is organized into four reportable segments as follows: IT infrastructure solutions; Cybersecurity solutions; Managed IT services and other IT services and Trading of ancillary hardware and software. The geographical regions include Hong Kong, Thailand, Singapore, Taiwan, South Korea, Indonesia, the Philippines, India and New Zealand.

Infoline Tec Group Bhd Headlines

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