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Daythree Digital Bhd (XKLS:0281) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is Daythree Digital 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. Daythree Digital Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM68.54 Mil. Daythree Digital Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daythree Digital Bhd's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Daythree Digital Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Daythree Digital Bhd Inventory Turnover Historical Data

The historical data trend for Daythree Digital 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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Daythree Digital Bhd Inventory Turnover Chart

Daythree Digital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- - - - -

Daythree Digital Bhd Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover - - - - -

Daythree Digital Bhd Inventory Turnover Calculation

Daythree Digital 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 )
=68.541 / ((0 + 0) / 1 )
=68.541 / 0
=N/A

Daythree Digital 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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count )
=68.541 / ((0 + 0) / 1 )
=68.541 / 0
=N/A

* 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.


Daythree Digital Bhd  (XKLS:0281) 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.

Daythree Digital Bhd's Days Inventory for the six 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
=0/68.541*365 / 2
=0.00

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.

Daythree Digital 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 / 89.875
=0.00

* 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.


Daythree Digital Bhd Inventory Turnover Related Terms

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Daythree Digital Bhd (XKLS:0281) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pengaturcara U1/51A, Level 8, Tower 7, UOA Business Park 1, Seksyen U1, Shah Alam, SGR, MYS, 40150
Daythree Digital Bhd is principally an investment holding company. Through its subsidiaries, it is a GBS service provider focusing on CX lifecycle management services enabled by in-house developed digital tools. Its services involve the setting up of contact centers to facilitate communications between its Clients and their Customers. These include the acquisition of Customers (where the Client establishes contact with a new Customer with the hope of converting from a prospect into a paying Customer) to after-sales customer support and care services such as responding to inquiries and technical support.

Daythree Digital Bhd (XKLS:0281) Headlines

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