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Mclean Technologies Bhd (XKLS:0167) Days Inventory : 13.14 (As of Dec. 2023)


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What is Mclean Technologies Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mclean Technologies Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM1.46 Mil. Mclean Technologies Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM10.12 Mil. Hence, Mclean Technologies Bhd's Days Inventory for the three months ended in Dec. 2023 was 13.14.

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

XKLS:0167' s Days Inventory Range Over the Past 10 Years
Min: 3.4   Med: 7.43   Max: 13.91
Current: 13.91

During the past 13 years, Mclean Technologies Bhd's highest Days Inventory was 13.91. The lowest was 3.40. And the median was 7.43.

XKLS:0167's Days Inventory is ranked better than
63.64% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs XKLS:0167: 13.91

Mclean Technologies Bhd's Days Inventory increased from Dec. 2022 (11.49) to Dec. 2023 (13.14). It might indicate that Mclean Technologies Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mclean Technologies Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 6.95.

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. Mclean Technologies Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.


Mclean Technologies Bhd Days Inventory Historical Data

The historical data trend for Mclean Technologies 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.

Mclean Technologies Bhd Days Inventory Chart

Mclean Technologies 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 6.66 6.46 8.20 9.69 11.58

Mclean Technologies Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.49 12.82 16.09 16.20 13.14

Competitive Comparison of Mclean Technologies Bhd's Days Inventory

For the Specialty Business Services subindustry, Mclean Technologies 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.


Mclean Technologies Bhd's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mclean Technologies Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mclean Technologies Bhd's Days Inventory falls into.



Mclean Technologies Bhd Days Inventory Calculation

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

Mclean Technologies 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
=( (0.987 + 1.443) / 2 ) / 38.3*365
=1.215 / 38.3*365
=11.58

Mclean Technologies 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.47 + 1.443) / 2 ) / 10.117*365 / 4
=1.4565 / 10.117*365 / 4
=13.14

* 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.


Mclean Technologies Bhd  (XKLS:0167) 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.

Mclean Technologies Bhd's Inventory Turnover for the three months ended in Dec. 2023 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.

Mclean Technologies Bhd's Inventory to Revenue for the three months ended in Dec. 2023 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.


Mclean Technologies Bhd Days Inventory Related Terms

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


Mclean Technologies Bhd (XKLS:0167) Business Description

Traded in Other Exchanges
N/A
Address
2 Woodlands Sector 1, No 01-22, Singapore, SGP, 738068
Mclean Technologies Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services. It operates in the segment of Surface Treatment and Precision Cleaning; and Other. The surface treatment and precision cleaning segment that drives majority revenue offers surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries. Geographically, the group operates in Malaysia, Singapore, China and other international countries.

Mclean Technologies Bhd (XKLS:0167) Headlines

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