Optimax Holdings Bhd (XKLS:0222) Change In Inventory : RM-2.3 Mil (TTM As of Mar. 2024)

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What is Optimax Holdings Bhd Change In Inventory?

Optimax Holdings Bhd's change in inventory for the quarter that ended in Mar. 2024 was RM-2.0 Mil. It means Optimax Holdings Bhd's inventory increased by RM2.0 Mil from Dec. 2023 to Mar. 2024 .

Optimax Holdings Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-0.8 Mil. It means Optimax Holdings Bhd's inventory increased by RM0.8 Mil from Dec. 2022 to Dec. 2023 .

Optimax Holdings Bhd's Total Inventories for the quarter that ended in Mar. 2024 was RM7.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Optimax Holdings Bhd's Days Inventory for the quarter that ended in Mar. 2024 was 94.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Optimax Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

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. Optimax Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Optimax Holdings Bhd Change In Inventory Historical Data

The historical data trend for Optimax Holdings Bhd's Change In 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.

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Optimax Holdings Bhd Change In Inventory Chart

Optimax Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.05

-0.41

-0.85

-1.22

-0.76

Optimax Holdings Bhd Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.44	-0.59	0.97	-0.69	-1.96

Optimax Holdings Bhd Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-2.3 Mil.

Optimax Holdings Bhd (XKLS:0222) Change In Inventory Explanation

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

Optimax Holdings Bhd's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.0275	/	5.795	*	365 / 4
	=	94.91

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.795	/	6.0275
	=	0.96

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.0275	/	28.215
	=	0.21

Optimax Holdings Bhd Change In Inventory Related Terms

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Optimax Holdings Bhd (XKLS:0222) Business Description

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Address

No. 145, Jalan Radin Bagus, 1st and 2nd Floor, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.optimax2u.com

Optimax Holdings Bhd is a provider of eye specialist services. It offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic treatment, and related services.

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