ARB IOT Group (ARB IOT Group) Days Inventory : 0.00 (As of Dec. 2023)

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What is ARB IOT Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ARB IOT Group's Average Total Inventories for the six months ended in Dec. 2023 was $0.00 Mil. ARB IOT Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $10.56 Mil. Hence, ARB IOT Group's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for ARB IOT Group's Days Inventory or its related term are showing as below:

ARBB's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.99
* Ranked among companies with meaningful Days Inventory only.

ARB IOT Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. ARB IOT Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

ARB IOT Group Days Inventory Historical Data

The historical data trend for ARB IOT Group's Days Inventory 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.

ARB IOT Group Days Inventory Chart

ARB IOT Group Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

ARB IOT Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of ARB IOT Group's Days Inventory

For the Information Technology Services subindustry, ARB IOT Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ARB IOT Group's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, ARB IOT Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where ARB IOT Group's Days Inventory falls into.

ARB IOT Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

ARB IOT Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	41.513	*	365
=	0					/	41.513	*	365
=	0.00

ARB IOT Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	10.563	*	365 / 2
=	0					/	10.563	*	365 / 2
=	0.00

ARB IOT Group (NAS:ARBB) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

ARB IOT Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.563	/	0
	=

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.

ARB IOT Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	6.789
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

ARB IOT Group Days Inventory Related Terms

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ARB IOT Group (ARB IOT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100

Website

https://www.arbiotgroup.com

ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

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