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Destini Bhd (XKLS:7212) Inventory-to-Revenue : 1.23 (As of Mar. 2024)


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What is Destini Bhd Inventory-to-Revenue?

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. Destini Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM26.62 Mil. Destini Bhd's Revenue for the three months ended in Mar. 2024 was RM21.68 Mil. Destini Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.

Destini Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Sep. 2023 (0.64) to Sep. 2023 (1.23)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Destini Bhd's Days Inventory for the three months ended in Mar. 2024 was 160.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Destini Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.


Destini Bhd Inventory-to-Revenue Historical Data

The historical data trend for Destini Bhd's Inventory-to-Revenue 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.

Destini Bhd Inventory-to-Revenue Chart

Destini Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.04 0.07 0.07

Destini Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Inventory-to-Revenue 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 0.14 0.67 0.36 0.64 1.23

Competitive Comparison of Destini Bhd's Inventory-to-Revenue

For the Aerospace & Defense subindustry, Destini Bhd's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Destini Bhd's Inventory-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Destini Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Destini Bhd's Inventory-to-Revenue falls into.



Destini Bhd Inventory-to-Revenue Calculation

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.

Destini Bhd's Inventory-to-Revenue for the fiscal year that ended in Dec. 2021 is calculated as

Inventory-to-Revenue (A: Dec. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )
=( (12.564 + 12.099) / 2 ) / 173.866
=12.3315 / 173.866
=0.07

Destini Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (14.083 + 39.154) / 2 ) / 21.679
=26.6185 / 21.679
=1.23

* 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.


Destini Bhd  (XKLS:7212) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Destini 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
=26.6185/15.157*365 / 4
=160.25

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

Destini Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=15.157 / 26.6185
=0.57

* 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.


Destini Bhd Inventory-to-Revenue Related Terms

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Destini Bhd (XKLS:7212) Business Description

Traded in Other Exchanges
N/A
Address
Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Destini Bhd is engaged in the investment holding and provision of management services. The company operates through two segments. The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels.

Destini Bhd (XKLS:7212) Headlines

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