Ecoscience International Bhd (XKLS:0255) Days Inventory : 49.13 (As of Dec. 2023)

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What is Ecoscience International Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ecoscience International Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM18.8 Mil. Ecoscience International Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM35.0 Mil. Hence, Ecoscience International Bhd's Days Inventory for the three months ended in Dec. 2023 was 49.13.

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

XKLS:0255' s Days Inventory Range Over the Past 10 Years
Min: 12.56 Med: 27.07 Max: 70.87
Current: 34.74

During the past 6 years, Ecoscience International Bhd's highest Days Inventory was 70.87. The lowest was 12.56. And the median was 27.07.

XKLS:0255's Days Inventory is ranked better than
57.39% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs XKLS:0255: 34.74

Ecoscience International Bhd's Days Inventory declined from Dec. 2022 (145.40) to Dec. 2023 (49.13).

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. Ecoscience International Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.86.

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. Ecoscience International Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.

Ecoscience International Bhd Days Inventory Historical Data

The historical data trend for Ecoscience International 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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Ecoscience International Bhd Days Inventory Chart

Ecoscience International Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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12.56

18.25

34.58

70.87

51.95

Ecoscience International Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							145.40	26.99	26.57	21.50	49.13

Competitive Comparison of Ecoscience International Bhd's Days Inventory

For the Engineering & Construction subindustry, Ecoscience International 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.

Ecoscience International Bhd's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ecoscience International Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ecoscience International Bhd's Days Inventory falls into.

Ecoscience International Bhd Days Inventory Calculation

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

Ecoscience International 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
=	( (18.17	+	24.043)	/	2 )	/	148.282	*	365
=	21.1065					/	148.282	*	365
=	51.95

Ecoscience International 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
=	( (13.61	+	24.043)	/	2 )	/	34.969	*	365 / 4
=	18.8265					/	34.969	*	365 / 4
=	49.13

Ecoscience International Bhd (XKLS:0255) 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.

Ecoscience International Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.969	/	18.8265
	=	1.86

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.

Ecoscience International Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.8265	/	33.594
	=	0.56

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.

Ecoscience International Bhd Days Inventory Related Terms

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

Ecoscience International Bhd (XKLS:0255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ecoscience International Bhd (XKLS:0255) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pasir Gudang Industrial Estate, PLO555, Jalan Keluli 8, Pasir Gudang, JHR, MYS, 81700

Website

https://www.ecosciencegroup.com

Ecoscience International Bhd is a one-stop solution provider for the construction of palm oil mills and supporting facilities, and fabrication of equipment. The core activities of the company is the construction of plants, which are mainly palm oil mills and facilities, supported by our in-house fabrication of equipment. Other complementary activities include supply of materials and equipment, spare parts and provision of maintenance services. The company's reportable segments are as follows which includes Construction of Plants and Facilities Segment, Fabrication of Equipment Segment, Supply of Material and Equipment, Others. The company generates majority of its revenue from Construction of Plants and Facilities Segment in Malaysia region itself.

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