Zen Tech International Bhd (XKLS:0094) Inventory Turnover : 4.04 (As of Dec. 2024)

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What is Zen Tech International 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. Zen Tech International Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM13.30 Mil. Zen Tech International Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM3.30 Mil. Zen Tech International Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zen Tech International Bhd's Days Inventory for the three months ended in Dec. 2024 was 22.61.

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. Zen Tech International Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.21.

Zen Tech International Bhd Inventory Turnover Historical Data

The historical data trend for Zen Tech International 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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Zen Tech International Bhd Inventory Turnover Chart

Zen Tech International Bhd Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jun22

Jun23

Jun24

Inventory Turnover

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8.84

13.62

15.97

Zen Tech International Bhd Quarterly Data
	Jul19	Oct19	Apr20	Jul20	Oct20	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															3.09	2.86	4.05	4.03	4.04

Zen Tech International Bhd Inventory Turnover Calculation

Zen Tech International Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	41.134	/ (	(2.263	+	2.888)	/	2 )
=	41.134	/	2.5755
=	15.97

Zen Tech International Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	13.304	/ (	(3.074	+	3.519)	/	2 )
=	13.304	/	3.2965
=	4.04

Zen Tech International Bhd (XKLS:0094) 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.

Zen Tech International Bhd's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	3.2965	/	13.304	*	365 / 4
	=	22.61

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.

Zen Tech International Bhd's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	3.2965	/	15.533
	=	0.21

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.

Zen Tech International Bhd Inventory Turnover Related Terms

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Zen Tech International Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zen Tech International Bhd (XKLS:0094) » Definitions » Inventory Turnover

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Address

53-6 The Boulevard, Mid Valley City, Unit No., Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.ztech.com.my

Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the E-Commerce, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

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