GURUFOCUS.COM » STOCK LIST » Technology » Software » ICT Zone Asia Bhd (XKLS:03038P.PFD) » Definitions » Inventory-to-Revenue

ICT Zone Asia Bhd (XKLS:03038P.PFD) Inventory-to-Revenue : 0.03 (As of Jul. 2024)


View and export this data going back to 2020. Start your Free Trial

What is ICT Zone Asia 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. ICT Zone Asia Bhd's Average Total Inventories for the quarter that ended in Jul. 2024 was RM1.66 Mil. ICT Zone Asia Bhd's Revenue for the six months ended in Jul. 2024 was RM57.65 Mil. ICT Zone Asia Bhd's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.03.

ICT Zone Asia Bhd's Inventory-to-Revenue for the quarter that ended in Jul. 2024 increased from Jan. 2024 (0.02) to Jan. 2024 (0.03)

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.

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 six months ended in Jul. 2024 was 6.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. ICT Zone Asia Bhd's Inventory Turnover for the quarter that ended in Jul. 2024 was 26.48.


ICT Zone Asia Bhd Inventory-to-Revenue Historical Data

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Inventory-to-Revenue Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.02 0.01 0.01 0.01 0.01

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.01 0.02 0.03

Competitive Comparison of ICT Zone Asia Bhd's Inventory-to-Revenue

For the Information Technology Services subindustry, ICT Zone Asia 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.


ICT Zone Asia Bhd's Inventory-to-Revenue Distribution in the Software Industry

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

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



ICT Zone Asia 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.

ICT Zone Asia Bhd's Inventory-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (A: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )
=( (0.575 + 1.969) / 2 ) / 114.428
=1.272 / 114.428
=0.01

ICT Zone Asia Bhd's Inventory-to-Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue (Q: Jul. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Jul. 2024 )) / count ) / Revenue (Q: Jul. 2024 )
=( (1.969 + 1.345) / 2 ) / 57.653
=1.657 / 57.653
=0.03

* 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) 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.

ICT Zone Asia Bhd's Days Inventory for the six months ended in Jul. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=1.657/43.881*365 / 2
=6.89

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

ICT Zone Asia Bhd's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2024 ) / Average Total Inventories (Q: Jul. 2024 )
=43.881 / 1.657
=26.48

* 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 Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of ICT Zone Asia Bhd's Inventory-to-Revenue 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

No Headlines