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Carzo Holdings Bhd (XKLS:03048) Days Inventory : 32.57 (As of Dec. 2023)


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What is Carzo Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Carzo Holdings Bhd's Average Total Inventories for the six months ended in Dec. 2023 was RM2.57 Mil. Carzo Holdings Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM14.39 Mil. Hence, Carzo Holdings Bhd's Days Inventory for the six months ended in Dec. 2023 was 32.57.

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

XKLS:03048' s Days Inventory Range Over the Past 10 Years
Min: 9.75   Med: 9.96   Max: 35.95
Current: 35.95

During the past 2 years, Carzo Holdings Bhd's highest Days Inventory was 35.95. The lowest was 9.75. And the median was 9.96.

XKLS:03048's Days Inventory is ranked better than
50.67% of 298 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs XKLS:03048: 35.95

Carzo Holdings Bhd's Days Inventory increased from Dec. 2021 (6.28) to Dec. 2023 (32.57). It might indicate that Carzo Holdings Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carzo Holdings Bhd's Inventory Turnover for the six months ended in Dec. 2023 was 5.60.

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. Carzo Holdings Bhd's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.

Carzo Holdings Bhd Days Inventory Historical Data

The historical data trend for Carzo Holdings 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.

Carzo Holdings Bhd Days Inventory Chart

Carzo Holdings Bhd Annual Data
Trend Dec19 Dec20
Days Inventory
10.16 9.75

Carzo Holdings Bhd Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec23
Days Inventory Get a 7-Day Free Trial - 4.57 6.28 17.11 32.57

Competitive Comparison of Carzo Holdings Bhd's Days Inventory

For the Food Distribution subindustry, Carzo Holdings 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.

Carzo Holdings Bhd's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Carzo Holdings Bhd's Days Inventory distribution charts can be found below:

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


Carzo Holdings Bhd Days Inventory Calculation

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

Carzo Holdings 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
=( (1.165 + 0.951) / 2 ) / 39.622*365
=1.058 / 39.622*365
=9.75

Carzo Holdings 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: Jun. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.718 + 1.417) / 2 ) / 14.386*365 / 2
=2.5675 / 14.386*365 / 2
=32.57

* 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.

Carzo Holdings Bhd  (XKLS:03048) 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.

Carzo Holdings Bhd's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=14.386 / 2.5675
=5.60

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.

Carzo Holdings Bhd's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.5675 / 15.859
=0.16

* 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.

Carzo Holdings Bhd Days Inventory Related Terms

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Carzo Holdings Bhd (XKLS:03048) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carzo Holdings Bhd (XKLS:03048) » Definitions » Days Inventory
Comparable Companies
NGO:8145 XPAR:ALECO OSTO:LMKG TSE:3143 SGX:K03 HKSE:08413 TSE:7538 TSE:2683 ISX:KMDS KAR:MFL
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Persiaran Industri, SD5, Bandar Sri Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 52200
Website
https://www.carzo.com.my
Carzo Holdings Bhd is a fruit wholesalers, distributors and importers in the nation. It supplies to numerous top supermarkets and hypermarkets nationwide.

Carzo Holdings Bhd (XKLS:03048) Headlines

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