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L&P Global Bhd (XKLS:0268) Days Inventory : 39.02 (As of Mar. 2024)


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What is L&P Global Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). L&P Global Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM12.0 Mil. L&P Global Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM28.0 Mil. Hence, L&P Global Bhd's Days Inventory for the three months ended in Mar. 2024 was 39.02.

The historical rank and industry rank for L&P Global Bhd's Days Inventory or its related term are showing as below:

XKLS:0268' s Days Inventory Range Over the Past 10 Years
Min: 35.67   Med: 50.78   Max: 64.62
Current: 35.67

During the past 5 years, L&P Global Bhd's highest Days Inventory was 64.62. The lowest was 35.67. And the median was 50.78.

XKLS:0268's Days Inventory is ranked worse than
81.03% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs XKLS:0268: 35.67

L&P Global Bhd's Days Inventory declined from Mar. 2023 (47.16) to Mar. 2024 (39.02).

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. L&P Global Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 2.34.

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. L&P Global Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.


L&P Global Bhd Days Inventory Historical Data

The historical data trend for L&P Global 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.

L&P Global Bhd Days Inventory Chart

L&P Global Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
45.98 50.78 64.62 60.45 44.13

L&P Global Bhd Quarterly Data
Dec19 Dec20 Dec21 Jul22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.16 36.84 34.23 34.44 39.02

Competitive Comparison of L&P Global Bhd's Days Inventory

For the Integrated Freight & Logistics subindustry, L&P Global 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.


L&P Global Bhd's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L&P Global Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where L&P Global Bhd's Days Inventory falls into.



L&P Global Bhd Days Inventory Calculation

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

L&P Global 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
=( (19.11 + 11.895) / 2 ) / 128.218*365
=15.5025 / 128.218*365
=44.13

L&P Global 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
=( (11.895 + 12.061) / 2 ) / 28.014*365 / 4
=11.978 / 28.014*365 / 4
=39.02

* 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.


L&P Global Bhd  (XKLS:0268) 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.

L&P Global 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.

L&P Global 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.


L&P Global Bhd Days Inventory Related Terms

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


L&P Global Bhd (XKLS:0268) Business Description

Traded in Other Exchanges
N/A
Address
1328, Jalan Sungai Baong, Furniture Industrial Estate, Sungai Bakap, Pulau Pinang, PNG, MYS, 14200
L&P Global Bhd is an integrated industrial packaging solution provider. The group is principally involved in the design and manufacture of wooden industrial packaging products, including boxes, crates, and pallets. It also provides packing services, circular supply services, and trading of related products and raw materials.

L&P Global Bhd (XKLS:0268) Headlines

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