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ICT Zone Asia Bhd (XKLS:03038P.PFD) Days Inventory : 2.93 (As of Jan. 2025)


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What is ICT Zone Asia Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ICT Zone Asia Bhd's Average Total Inventories for the six months ended in Jan. 2025 was RM0.90 Mil. ICT Zone Asia Bhd's Cost of Goods Sold for the six months ended in Jan. 2025 was RM55.88 Mil. Hence, ICT Zone Asia Bhd's Days Inventory for the six months ended in Jan. 2025 was 2.93.

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

XKLS:03038P.PFD' s Days Inventory Range Over the Past 10 Years
Min: 4.43   Med: 4.9   Max: 19.26
Current: 4.59

During the past 7 years, ICT Zone Asia Bhd's highest Days Inventory was 19.26. The lowest was 4.43. And the median was 4.90.

XKLS:03038P.PFD's Days Inventory is ranked better than
73.55% of 1588 companies
in the Software industry
Industry Median: 20.475 vs XKLS:03038P.PFD: 4.59

ICT Zone Asia Bhd's Days Inventory declined from Jan. 2024 (4.65) to Jan. 2025 (2.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. ICT Zone Asia Bhd's Inventory Turnover for the six months ended in Jan. 2025 was 62.19.

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. ICT Zone Asia Bhd's Inventory-to-Revenue for the six months ended in Jan. 2025 was 0.01.


ICT Zone Asia Bhd Days Inventory Historical Data

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Days Inventory Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Days Inventory
Get a 7-Day Free Trial 4.63 5.60 4.55 4.90 4.43

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.39 1.52 4.65 6.89 2.93

Competitive Comparison of ICT Zone Asia Bhd's Days Inventory

For the Information Technology Services subindustry, ICT Zone Asia 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.


ICT Zone Asia Bhd's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where ICT Zone Asia Bhd's Days Inventory falls into.


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ICT Zone Asia Bhd Days Inventory Calculation

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

ICT Zone Asia Bhd's Days Inventory for the fiscal year that ended in Jan. 2025 is calculated as

Days Inventory (A: Jan. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2024 ) + Total Inventories (A: Jan. 2025 )) / count ) / Cost of Goods Sold (A: Jan. 2025 )*Days in Period
=( (1.969 + 0.452) / 2 ) / 99.757*365
=1.2105 / 99.757*365
=4.43

ICT Zone Asia Bhd's Days Inventory for the quarter that ended in Jan. 2025 is calculated as:

Days Inventory (Q: Jan. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (1.345 + 0.452) / 2 ) / 55.876*365 / 2
=0.8985 / 55.876*365 / 2
=2.93

* 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.


ICT Zone Asia Bhd  (XKLS:03038P.PFD) 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.

ICT Zone Asia Bhd's Inventory Turnover for the six months ended in Jan. 2025 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.

ICT Zone Asia Bhd's Inventory to Revenue for the six months ended in Jan. 2025 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.


ICT Zone Asia Bhd Days Inventory Related Terms

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


ICT Zone Asia Bhd Business Description

Traded in Other Exchanges
Address
Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. The company operates in the following segments: Technology financing, which involves technology financing involves operating lease of ICT hardware and software; Trading includes outright sales of ICT hardware and software and disposal of ICT assets; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; and Cloud solution and service segment includes the provision of customized cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution.

ICT Zone Asia Bhd Headlines

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