Dfcity Group Bhd (XKLS:5165) Inventory Turnover : 0.10 (As of Mar. 2024)

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What is Dfcity Group 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. Dfcity Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM2.86 Mil. Dfcity Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM29.95 Mil. Dfcity Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dfcity Group Bhd's Days Inventory for the three months ended in Mar. 2024 was 956.29.

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. Dfcity Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 8.17.

Dfcity Group Bhd Inventory Turnover Historical Data

The historical data trend for Dfcity Group 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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Dfcity Group Bhd Inventory Turnover Chart

Dfcity Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.35

0.31

0.44

0.57

0.32

Dfcity Group 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															0.07	0.09	0.08	0.09	0.10

Dfcity Group Bhd Inventory Turnover Calculation

Dfcity Group 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 )
=	9.614	/ (	(29.434	+	29.779)	/	2 )
=	9.614	/	29.6065
=	0.32

Dfcity Group 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 )
=	2.858	/ (	(29.779	+	30.124)	/	2 )
=	2.858	/	29.9515
=	0.10

Dfcity Group Bhd (XKLS:5165) 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.

Dfcity Group 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
	=	29.9515	/	2.858	*	365 / 4
	=	956.29

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.

Dfcity Group 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 )
	=	29.9515	/	3.668
	=	8.17

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.

Dfcity Group Bhd Inventory Turnover Related Terms

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Dfcity Group Bhd (XKLS:5165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dfcity Group Bhd (XKLS:5165) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Lot 197, Jalan Sungai Putat, Batu Berendam, Melaka, MYS, 75350

Website

https://www.dfcitygroup.com.my

Dfcity Group Bhd through its subsidiaries, is engaged in the manufacturing and sale of dimension stones and related products. Its business activities include sourcing, processing, and distributing a wide range of dimension stones including granite, marble, sandstone, and slate. Hock Heng's products are mainly used for a wide array of applications in the commercial and residential properties, such as facade walls, flooring, staircases, monuments, furniture, pillars, garden sets, and landscaping. The company's segments include Sales of goods; Construction; and Property development. The company generates majority of revenue from sales of goods segment , Geographically it generates majority of its revenue from malaysia.

Dfcity Group Bhd (XKLS:5165) Headlines

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