GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Versatile Creative Bhd (XKLS:4995) » Definitions » Days Inventory

Versatile Creative Bhd (XKLS:4995) Days Inventory : 45.36 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Versatile Creative Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Versatile Creative Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM28.3 Mil. Versatile Creative Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM57.0 Mil. Hence, Versatile Creative Bhd's Days Inventory for the three months ended in Dec. 2023 was 45.36.

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

XKLS:4995' s Days Inventory Range Over the Past 10 Years
Min: 44.69   Med: 53.56   Max: 105.83
Current: 63.09

During the past 13 years, Versatile Creative Bhd's highest Days Inventory was 105.83. The lowest was 44.69. And the median was 53.56.

XKLS:4995's Days Inventory is ranked better than
65.22% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs XKLS:4995: 63.09

Versatile Creative Bhd's Days Inventory declined from Sep. 2022 (59.74) to Dec. 2023 (45.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Versatile Creative Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 2.01.

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. Versatile Creative Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.42.


Versatile Creative Bhd Days Inventory Historical Data

The historical data trend for Versatile Creative 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.

Versatile Creative Bhd Days Inventory Chart

Versatile Creative Bhd Annual Data
Trend Dec12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.04 54.74 73.30 98.06 105.83

Versatile Creative Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 59.74 65.03 49.45 48.37 45.36

Competitive Comparison of Versatile Creative Bhd's Days Inventory

For the Packaging & Containers subindustry, Versatile Creative 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.


Versatile Creative Bhd's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Versatile Creative Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Versatile Creative Bhd's Days Inventory falls into.



Versatile Creative Bhd Days Inventory Calculation

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

Versatile Creative Bhd's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (11.179 + 14.646) / 2 ) / 44.533*365
=12.9125 / 44.533*365
=105.83

Versatile Creative 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
=( (27.037 + 29.624) / 2 ) / 56.988*365 / 4
=28.3305 / 56.988*365 / 4
=45.36

* 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.


Versatile Creative Bhd  (XKLS:4995) 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.

Versatile Creative 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.

Versatile Creative 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.


Versatile Creative Bhd Days Inventory Related Terms

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


Versatile Creative Bhd (XKLS:4995) Business Description

Traded in Other Exchanges
N/A
Address
Lot 30745, Jalan Pandan Indah, Pandah Indah, Kuala Lumpur, MYS, 55100
Versatile Creative Bhd is an investment holding company and is involved in the business of manufacturing and trading a range of paper boxes, and plastics and providing printing services to customers and grocery businesses. The company's segments include paper products, plastic products, color separation, and printing, Grocery, and Others. The company earns maximum revenue from the Grocery segment engaged in the retail sale of any kind of product over the Internet, supermarkets, and wholesale of other foodstuffs. Geographically, the company derives a majority of its revenue from Malaysia.

Versatile Creative Bhd (XKLS:4995) Headlines

No Headlines