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Straits Energy Resources Bhd (XKLS:0080) Days Inventory : 1,067.11 (As of Mar. 2024)


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What is Straits Energy Resources Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Straits Energy Resources Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM78 Mil. Straits Energy Resources Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM7 Mil. Hence, Straits Energy Resources Bhd's Days Inventory for the three months ended in Mar. 2024 was 1,067.11.

The historical rank and industry rank for Straits Energy Resources Bhd's Days Inventory or its related term are showing as below:

XKLS:0080' s Days Inventory Range Over the Past 10 Years
Min: 1.59   Med: 7.78   Max: 98.68
Current: 8.21

During the past 13 years, Straits Energy Resources Bhd's highest Days Inventory was 98.68. The lowest was 1.59. And the median was 7.78.

XKLS:0080's Days Inventory is ranked better than
62.32% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs XKLS:0080: 8.21

Straits Energy Resources Bhd's Days Inventory increased from Mar. 2023 (658.45) to Mar. 2024 (1,067.11). It might indicate that Straits Energy Resources Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Straits Energy Resources Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.09.

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. Straits Energy Resources Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.10.


Straits Energy Resources Bhd Days Inventory Historical Data

The historical data trend for Straits Energy Resources 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.

* Premium members only.

Straits Energy Resources Bhd Days Inventory Chart

Straits Energy Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.97 14.19 7.98 5.00 7.58

Straits Energy Resources Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 658.45 528.58 916.64 2.53 1,067.11

Competitive Comparison of Straits Energy Resources Bhd's Days Inventory

For the Integrated Freight & Logistics subindustry, Straits Energy Resources 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.


Straits Energy Resources Bhd's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Straits Energy Resources Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Straits Energy Resources Bhd's Days Inventory falls into.



Straits Energy Resources Bhd Days Inventory Calculation

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

Straits Energy Resources 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: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (45.658 + 73.009) / 2 ) / 2855.678*365
=59.3335 / 2855.678*365
=7.58

Straits Energy Resources Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (73.009 + 82.947) / 2 ) / 6.668*365 / 4
=77.978 / 6.668*365 / 4
=1,067.11

* 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.


Straits Energy Resources Bhd  (XKLS:0080) 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.

Straits Energy Resources Bhd's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Straits Energy Resources Bhd's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


Straits Energy Resources Bhd Days Inventory Related Terms

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


Straits Energy Resources Bhd (XKLS:0080) Business Description

Traded in Other Exchanges
N/A
Address
2, Jalan Kiara, Mont Kiara, B-07-06, Plaza Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
Straits Energy Resources Bhd is a Malaysia-based investment holding company engaged in oil trading and bunkering. Along with its subsidiaries, the entity is involved in the segments of Investment holding; Oil trading and bunkering services; Ship management services; Chartering services, Inland transportation services; Port operation and facility management services; and Others. It derives prime revenue from the Oil trading, bunkering services, and freshwater service segment which involves the international supply of petroleum products and the provision of marine bunkering and related services to vessels. Its geographic operations are located in Malaysia and Singapore.

Straits Energy Resources Bhd (XKLS:0080) Headlines

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