Mst Golf group Bhd (XKLS:5316) Days Inventory : 267.18 (As of Dec. 2022)

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What is Mst Golf group Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mst Golf group Bhd's Average Total Inventories for the six months ended in Dec. 2022 was RM125.7 Mil. Mst Golf group Bhd's Cost of Goods Sold for the six months ended in Dec. 2022 was RM171.7 Mil. Hence, Mst Golf group Bhd's Days Inventory for the six months ended in Dec. 2022 was 133.59.

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

XKLS:5316' s Days Inventory Range Over the Past 10 Years
Min: 182.47 Med: 211.49 Max: 267.18
Current: 267.18

During the past 4 years, Mst Golf group Bhd's highest Days Inventory was 267.18. The lowest was 182.47. And the median was 211.49.

XKLS:5316's Days Inventory is ranked worse than
85.21% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.78 vs XKLS:5316: 267.18

Mst Golf group Bhd's Days Inventory increased from Dec. 2020 (203.27) to Dec. 2022 (267.18). It might indicate that Mst Golf group Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mst Golf group Bhd's Inventory Turnover for the six months ended in Dec. 2022 was 1.37.

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. Mst Golf group Bhd's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.42.

Mst Golf group Bhd Days Inventory Historical Data

The historical data trend for Mst Golf group 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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Mst Golf group Bhd Days Inventory Chart

Mst Golf group Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

219.70

203.27

182.47

267.18

Mst Golf group Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22
Days Inventory	219.70	203.27	182.47	267.18

Competitive Comparison of Mst Golf group Bhd's Days Inventory

For the Specialty Retail subindustry, Mst Golf group 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.

Mst Golf group Bhd's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mst Golf group Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mst Golf group Bhd's Days Inventory falls into.

Mst Golf group Bhd Days Inventory Calculation

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

Mst Golf group Bhd's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (73.645	+	177.697)	/	2 )	/	171.68	*	365
=	125.671					/	171.68	*	365
=	267.18

Mst Golf group Bhd's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (73.645	+	177.697)	/	2 )	/	171.68	*	365 / 2
=	125.671					/	171.68	*	365 / 2
=	133.59

Mst Golf group Bhd (XKLS:5316) 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.

Mst Golf group Bhd's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	171.68	/	125.671
	=	1.37

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.

Mst Golf group Bhd's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	125.671	/	300.875
	=	0.42

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.

Mst Golf group Bhd Days Inventory Related Terms

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

Mst Golf group Bhd (XKLS:5316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mst Golf group Bhd (XKLS:5316) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan SS 13/5, MST Golf Plaza, Subang Jaya, SGR, MYS, 47500

Website

https://www.mstgolfgroup.com

Mst Golf group Bhd is principally an investment holding company whilst its Subsidiaries are principally engaged in the specialty retail and wholesale of golf equipment comprising golf clubs, golf balls and accessories and golf apparel in Malaysia and Singapore. In addition, the company also offers golf-related services including golf coaching, rental of golf equipment mainly golf clubs and golf accessories at its pro shops at golf and country clubs and supply of range balls for use at the driving range that it operates, event management and planning for golf tournament-related events as well as operating indoor golf centers.

Mst Golf group Bhd (XKLS:5316) Headlines

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