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Kronologi Asia Bhd (XKLS:0176) Inventory Turnover : 2.13 (As of Oct. 2023)


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What is Kronologi Asia 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. Kronologi Asia Bhd's Cost of Goods Sold for the three months ended in Oct. 2023 was RM51.8 Mil. Kronologi Asia Bhd's Average Total Inventories for the quarter that ended in Oct. 2023 was RM24.3 Mil. Kronologi Asia Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 was 2.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kronologi Asia Bhd's Days Inventory for the three months ended in Oct. 2023 was 42.85.

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. Kronologi Asia Bhd's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.36.


Kronologi Asia Bhd Inventory Turnover Historical Data

The historical data trend for Kronologi Asia 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.

* Premium members only.

Kronologi Asia Bhd Inventory Turnover Chart

Kronologi Asia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jan22 Jan23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 3.46 6.79 14.75 19.08 17.12

Kronologi Asia Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only 3.08 6.20 2.87 2.67 2.13

Kronologi Asia Bhd Inventory Turnover Calculation

Kronologi Asia Bhd's Inventory Turnover for the fiscal year that ended in Jan. 2023 is calculated as

Inventory Turnover (A: Jan. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2023 ) / ((Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count )
=252.668 / ((15.889 + 13.635) / 2 )
=252.668 / 14.762
=17.12

Kronologi Asia Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count )
=51.762 / ((24.361 + 24.251) / 2 )
=51.762 / 24.306
=2.13

* 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.


Kronologi Asia Bhd  (XKLS:0176) 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.

Kronologi Asia Bhd's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=24.306/51.762*365 / 4
=42.85

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.

Kronologi Asia Bhd's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=24.306 / 67.745
=0.36

* 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.


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.


Kronologi Asia Bhd Inventory Turnover Related Terms

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Kronologi Asia Bhd (XKLS:0176) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan Stesen Sentral 5, Level 28-D, Axiata Tower, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Kronologi Asia Bhd is engaged in provision of Enterprise Data Management Infrastructure Technology (EDM IT) and Cloud and Hybrid As-a-Service (AAS). The company's segments include EDM Infrastructure Technology; EDM Managed Services; and Investment holding and others. It derives majority of the revenue from the EDM Infrastructure Technology segment that provides EDM infrastructure technology which comprises both hardware and software. EDM hardware refers to computer component used to record, store and retain digital data while EDM software supports the process of data backup, storage, recovery and restoration. Geographically it operates in Philippines, Singapore, China, Hong Kong and Taiwan, India, Malaysia, and Others.

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