Dc Healthcare Holdings Bhd (XKLS:0283) Inventory Turnover : 10.40 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Dc Healthcare Holdings 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. Dc Healthcare Holdings Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM29.29 Mil. Dc Healthcare Holdings Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM2.82 Mil. Dc Healthcare Holdings Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dc Healthcare Holdings Bhd's Days Inventory for the six months ended in Dec. 2023 was 17.55.

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. Dc Healthcare Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Dc Healthcare Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Dc Healthcare Holdings 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.

Dc Healthcare Holdings Bhd Inventory Turnover Chart

Dc Healthcare Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

9.10

9.37

14.43

16.66

10.40

Dc Healthcare Holdings Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	9.10	9.37	14.43	16.66	10.40

Dc Healthcare Holdings Bhd Inventory Turnover Calculation

Dc Healthcare Holdings 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 )
=	29.292	/ (	(1.852	+	3.782)	/	2 )
=	29.292	/	2.817
=	10.40

Dc Healthcare Holdings 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 )
=	29.292	/ (	(1.852	+	3.782)	/	2 )
=	29.292	/	2.817
=	10.40

Dc Healthcare Holdings Bhd (XKLS:0283) 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.

Dc Healthcare Holdings 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
	=	2.817	/	29.292	*	365 / 2
	=	17.55

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.

Dc Healthcare Holdings 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 )
	=	2.817	/	67.701
	=	0.04

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.

Dc Healthcare Holdings Bhd Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Dc Healthcare Holdings Bhd's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Dc Healthcare Holdings Bhd (XKLS:0283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dc Healthcare Holdings Bhd (XKLS:0283) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Centrepoint South Mid Valley City, Suites 22.01, 22.02 & 22.05, Level 22, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200

Website

https://www.dchealthcareholdings.com

Dc Healthcare Holdings Bhd Is an investment holding company. Through its subsidiaries, the company provides Aesthetic Services specializing in Non-Invasive and Minimally-Invasive procedures. Non-Invasive procedures are medical procedures that do not involve entering the body through surgical incisions; whilst Minimally Invasive procedures limit the size and quantity of incisions and injections thereby reducing wound healing time, associated pain and risk of infection. The business activities are categorized into 2 segments, Aesthetic Services, and General Medical Services. The majority of revenue is derived from the Aesthetic Services segment.

Dc Healthcare Holdings Bhd (XKLS:0283) Headlines

No Headlines