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Dayang Enterprise Holdings Bhd (XKLS:5141) Days Inventory : 3.89 (As of Mar. 2024)


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What is Dayang Enterprise Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dayang Enterprise Holdings Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM7 Mil. Dayang Enterprise Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM162 Mil. Hence, Dayang Enterprise Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 3.89.

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

XKLS:5141' s Days Inventory Range Over the Past 10 Years
Min: 2.97   Med: 4.5   Max: 5.39
Current: 5.03

During the past 13 years, Dayang Enterprise Holdings Bhd's highest Days Inventory was 5.39. The lowest was 2.97. And the median was 4.50.

XKLS:5141's Days Inventory is ranked better than
86.32% of 731 companies
in the Oil & Gas industry
Industry Median: 31.81 vs XKLS:5141: 5.03

Dayang Enterprise Holdings Bhd's Days Inventory declined from Mar. 2023 (8.73) to Mar. 2024 (3.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dayang Enterprise Holdings Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 23.46.

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. Dayang Enterprise Holdings Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.


Dayang Enterprise Holdings Bhd Days Inventory Historical Data

The historical data trend for Dayang Enterprise Holdings 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.

Dayang Enterprise Holdings Bhd Days Inventory Chart

Dayang Enterprise Holdings 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 4.85 5.12 4.60 4.39 4.35

Dayang Enterprise Holdings 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 8.73 6.63 5.36 4.59 3.89

Competitive Comparison of Dayang Enterprise Holdings Bhd's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Dayang Enterprise Holdings 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.


Dayang Enterprise Holdings Bhd's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dayang Enterprise Holdings Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dayang Enterprise Holdings Bhd's Days Inventory falls into.



Dayang Enterprise Holdings Bhd Days Inventory Calculation

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

Dayang Enterprise Holdings 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
=( (7.545 + 7.689) / 2 ) / 639.105*365
=7.617 / 639.105*365
=4.35

Dayang Enterprise Holdings 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
=( (7.689 + 6.121) / 2 ) / 162.003*365 / 4
=6.905 / 162.003*365 / 4
=3.89

* 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.


Dayang Enterprise Holdings Bhd  (XKLS:5141) 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.

Dayang Enterprise Holdings 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.

Dayang Enterprise Holdings 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.


Dayang Enterprise Holdings Bhd Days Inventory Related Terms

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


Dayang Enterprise Holdings Bhd (XKLS:5141) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Taman Raja MCLD, Sublot 5 - 10, Lot 46, Block 10, Miri, SWK, MYS, 98000
Dayang Enterprise Holdings Bhd is an investment holding company. Its operating segments include Topside maintenance services and Marine offshore support services. Topside maintenance services include the provision of offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services for oil and gas companies. Marine offshore support services involve chartering of marine vessels and the provision of related support services, as well as catering of food and beverage. Dayang generates the majority of its revenues from Topside maintenance services.

Dayang Enterprise Holdings Bhd (XKLS:5141) Headlines

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