Advance Information Marketing Bhd (XKLS:0122) Inventory Turnover : 2.93 (As of Mar. 2024)

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What is Advance Information Marketing 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. Advance Information Marketing Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM0.63 Mil. Advance Information Marketing Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM0.22 Mil. Advance Information Marketing Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advance Information Marketing Bhd's Days Inventory for the three months ended in Mar. 2024 was 31.14.

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. Advance Information Marketing Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Advance Information Marketing Bhd Inventory Turnover Historical Data

The historical data trend for Advance Information Marketing 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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Advance Information Marketing Bhd Inventory Turnover Chart

Advance Information Marketing Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.36

11.63

19.51

18.87

15.23

Advance Information Marketing Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.77	3.53	2.97	3.75	2.93

Advance Information Marketing Bhd Inventory Turnover Calculation

Advance Information Marketing Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	3.099	/ (	(0.228	+	0.179)	/	2 )
=	3.099	/	0.2035
=	15.23

Advance Information Marketing Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.633	/ (	(0.179	+	0.253)	/	2 )
=	0.633	/	0.216
=	2.93

Advance Information Marketing Bhd (XKLS:0122) 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.

Advance Information Marketing Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.216	/	0.633	*	365 / 4
	=	31.14

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.

Advance Information Marketing Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.216	/	0.736
	=	0.29

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.

Advance Information Marketing Bhd Inventory Turnover Related Terms

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Advance Information Marketing Bhd (XKLS:0122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advance Information Marketing Bhd (XKLS:0122) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No 18, Jalan Balam, Kuala Lumpur, MYS, 51100

Website

https://www.aim-net.com.my

Advance Information Marketing Bhd is a BPO (Business Process Outsourcing) solution provider offering a spectrum of loyalty management services ranging from consultation, technology infrastructure and technical support to procurement and logistics for companies. The company's operating segments are Managed customer loyalty services segment including sales and marketing services, client relationship management, outsourced contact center management, and Other segments including outsourced procurement services, investment holding, and corporate-level activities. Most of the company's revenue comes from Indonesia.

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