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Heitech Padu Bhd (XKLS:5028) Days Inventory : 0.70 (As of Dec. 2023)


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What is Heitech Padu Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Heitech Padu Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM0.2 Mil. Heitech Padu Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM30.4 Mil. Hence, Heitech Padu Bhd's Days Inventory for the three months ended in Dec. 2023 was 0.70.

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

XKLS:5028' s Days Inventory Range Over the Past 10 Years
Min: 0.44   Med: 0.88   Max: 1.88
Current: 0.48

During the past 13 years, Heitech Padu Bhd's highest Days Inventory was 1.88. The lowest was 0.44. And the median was 0.88.

XKLS:5028's Days Inventory is ranked better than
92.63% of 1561 companies
in the Software industry
Industry Median: 19.53 vs XKLS:5028: 0.48

Heitech Padu Bhd's Days Inventory increased from Dec. 2022 (0.57) to Dec. 2023 (0.70). It might indicate that Heitech Padu Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heitech Padu Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 129.48.

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. Heitech Padu Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Heitech Padu Bhd Days Inventory Historical Data

The historical data trend for Heitech Padu 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.

Heitech Padu Bhd Days Inventory Chart

Heitech Padu Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.61 0.55 0.44 0.46

Heitech Padu Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.57 0.37 0.55 0.43 0.70

Competitive Comparison of Heitech Padu Bhd's Days Inventory

For the Information Technology Services subindustry, Heitech Padu 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.


Heitech Padu Bhd's Days Inventory Distribution in the Software Industry

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

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



Heitech Padu Bhd Days Inventory Calculation

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

Heitech Padu 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
=( (0.235 + 0.224) / 2 ) / 180.175*365
=0.2295 / 180.175*365
=0.46

Heitech Padu 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.245 + 0.224) / 2 ) / 30.364*365 / 4
=0.2345 / 30.364*365 / 4
=0.70

* 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.


Heitech Padu Bhd  (XKLS:5028) 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.

Heitech Padu Bhd's Inventory Turnover for the three months ended in Dec. 2023 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.

Heitech Padu Bhd's Inventory to Revenue for the three months ended in Dec. 2023 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.


Heitech Padu Bhd Days Inventory Related Terms

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


Heitech Padu Bhd (XKLS:5028) Business Description

Traded in Other Exchanges
N/A
Address
Persiaran Kewajipan, USJ 1, Level 15, HeiTech Village, UEP Subang Jaya, Subang Jaya, Selangor Darul Ehsan, MYS, 47600
Heitech Padu Bhd offers systems integration, network related services, data centre management, disaster recovery services, and other information technology related services. The group is reorganized based on business maturity and is segregated as Core 1, which offers system integration and application development focusing on business acquisition for largely the Public Sector market. Core 2, which represents various offerings in different sectors by the group's subsidiaries; and Core 3, which carries the offerings for business acquisition mainly for the transport, financial services, and other segments. Geographically, it operates in Malaysia, Australia, and Indonesia. It has three operating segments: Information technology; Mailing and document processing services and Engineering works.

Heitech Padu Bhd (XKLS:5028) Headlines

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