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Coraza Integrated Technology Bhd (XKLS:0240) Inventory-to-Revenue : 1.00 (As of Jun. 2024)


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What is Coraza Integrated Technology Bhd Inventory-to-Revenue?

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. Coraza Integrated Technology Bhd's Average Total Inventories for the quarter that ended in Jun. 2024 was RM21.67 Mil. Coraza Integrated Technology Bhd's Revenue for the three months ended in Jun. 2024 was RM21.77 Mil. Coraza Integrated Technology Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.00.

Coraza Integrated Technology Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (1.22) to Mar. 2024 (1.00)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coraza Integrated Technology Bhd's Days Inventory for the three months ended in Jun. 2024 was 108.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coraza Integrated Technology Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.84.


Coraza Integrated Technology Bhd Inventory-to-Revenue Historical Data

The historical data trend for Coraza Integrated Technology Bhd's Inventory-to-Revenue 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.

Coraza Integrated Technology Bhd Inventory-to-Revenue Chart

Coraza Integrated Technology Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.17 0.13 0.17 0.20 0.35

Coraza Integrated Technology Bhd Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Inventory-to-Revenue 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 1.40 1.73 1.65 1.22 1.00

Competitive Comparison of Coraza Integrated Technology Bhd's Inventory-to-Revenue

For the Metal Fabrication subindustry, Coraza Integrated Technology Bhd's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Coraza Integrated Technology Bhd's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Coraza Integrated Technology Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Coraza Integrated Technology Bhd's Inventory-to-Revenue falls into.



Coraza Integrated Technology Bhd Inventory-to-Revenue Calculation

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.

Coraza Integrated Technology Bhd's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (30.944 + 25.858) / 2 ) / 80.679
=28.401 / 80.679
=0.35

Coraza Integrated Technology Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (22.485 + 20.856) / 2 ) / 21.766
=21.6705 / 21.766
=1.00

* 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.


Coraza Integrated Technology Bhd  (XKLS:0240) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Coraza Integrated Technology Bhd's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=21.6705/18.294*365 / 4
=108.09

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

Coraza Integrated Technology Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=18.294 / 21.6705
=0.84

* 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.


Coraza Integrated Technology Bhd Inventory-to-Revenue Related Terms

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Coraza Integrated Technology Bhd Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300
Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd Headlines

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