Digistar Bhd (XKLS:0029) Inventory Turnover : 5.34 (As of Dec. 2023)

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What is Digistar Bhd Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Digistar Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM3.47 Mil. Digistar Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM0.65 Mil. Digistar Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Digistar Bhd's Days Inventory for the three months ended in Dec. 2023 was 17.09.

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. Digistar Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Digistar Bhd Inventory Turnover Historical Data

The historical data trend for Digistar Bhd's Inventory Turnover 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.

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Digistar Bhd Inventory Turnover Chart

Digistar Bhd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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0.52

8.46

3.72

14.25

22.05

Digistar Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															8.04	7.57	2.80	4.37	5.34

Digistar Bhd Inventory Turnover Calculation

Digistar Bhd's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	14.963	/ (	(0.657	+	0.7)	/	2 )
=	14.963	/	0.6785
=	22.05

Digistar Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3.471	/ (	(0.7	+	0.6)	/	2 )
=	3.471	/	0.65
=	5.34

Digistar Bhd (XKLS:0029) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Digistar Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.65	/	3.471	*	365 / 4
	=	17.09

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.

Digistar Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.65	/	11.358
	=	0.06

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Digistar Bhd Inventory Turnover Related Terms

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Digistar Bhd (XKLS:0029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digistar Corp Bhd (XKLS:0029) » Definitions » Inventory Turnover

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Address

Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000

Website

https://www.digistar.com.my

Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental, and hotel segment, Concession segment, and Property development segment. The Systems Integration segment is involved in the design, supply, installation, and integration of information technology infrastructure, teleconferencing, local area networks, interactive media management systems, radio & television news automation, and other related electronic systems. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities. It operates in a single geographical segment, which is Malaysia.

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