Hong Seng Consolidated Bhd (XKLS:0041) Days Inventory : 812.38 (As of Dec. 2023)

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What is Hong Seng Consolidated Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hong Seng Consolidated Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM95.57 Mil. Hong Seng Consolidated Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM10.74 Mil. Hence, Hong Seng Consolidated Bhd's Days Inventory for the three months ended in Dec. 2023 was 812.38.

The historical rank and industry rank for Hong Seng Consolidated Bhd's Days Inventory or its related term are showing as below:

XKLS:0041' s Days Inventory Range Over the Past 10 Years
Min: 0.52 Med: 3.08 Max: 699
Current: 699

During the past 13 years, Hong Seng Consolidated Bhd's highest Days Inventory was 699.00. The lowest was 0.52. And the median was 3.08.

XKLS:0041's Days Inventory is ranked worse than
96.02% of 452 companies
in the Conglomerates industry
Industry Median: 75.05 vs XKLS:0041: 699.00

Hong Seng Consolidated Bhd's Days Inventory increased from Sep. 2022 (119.02) to Dec. 2023 (812.38). It might indicate that Hong Seng Consolidated Bhd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Seng Consolidated Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.11.

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. Hong Seng Consolidated Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 20.54.

Hong Seng Consolidated Bhd Days Inventory Historical Data

The historical data trend for Hong Seng Consolidated Bhd'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.

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Hong Seng Consolidated Bhd Days Inventory Chart

Hong Seng Consolidated Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Sep22

Dec23

Days Inventory

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75.75

Hong Seng Consolidated Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															119.02	-	225.08	854.83	812.38

Competitive Comparison of Hong Seng Consolidated Bhd's Days Inventory

For the Conglomerates subindustry, Hong Seng Consolidated Bhd'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.

Hong Seng Consolidated Bhd's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hong Seng Consolidated Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hong Seng Consolidated Bhd's Days Inventory falls into.

Hong Seng Consolidated Bhd Days Inventory Calculation

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

Hong Seng Consolidated Bhd's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (23.916	+	11.45)	/	2 )	/	0	*	365
=	17.683					/	0	*	365
=	N/A

Hong Seng Consolidated Bhd'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
=	( (179.693	+	11.45)	/	2 )	/	10.735	*	365 / 4
=	95.5715					/	10.735	*	365 / 4
=	812.38

Hong Seng Consolidated Bhd (XKLS:0041) 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.

Hong Seng Consolidated Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.735	/	95.5715
	=	0.11

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.

Hong Seng Consolidated Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.5715	/	4.652
	=	20.54

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.

Hong Seng Consolidated Bhd Days Inventory Related Terms

Thank you for viewing the detailed overview of Hong Seng Consolidated Bhd's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hong Seng Consolidated Bhd (XKLS:0041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hong Seng Consolidated Bhd (XKLS:0041) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

0041PA.PFD:Malaysia

Address

C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.hongseng.com.my

Hong Seng Consolidated Bhd is operating as an investment holding company. The company operates in five operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; The Search and advertising segment includes Developer and provider of online presence and advertising solutions and operator of search platforms; publishing business directory journals, and database marketing; The others segment includes, Investment holding, development and provision of software solutions companies, and the others. The majority of the revenue is derived from the healthcare segment.

Hong Seng Consolidated Bhd (XKLS:0041) Headlines

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