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Poh Huat Resources Holdings Bhd (XKLS:7088) Days Inventory : 53.98 (As of Jan. 2024)


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What is Poh Huat Resources Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Poh Huat Resources Holdings Bhd's Average Total Inventories for the three months ended in Jan. 2024 was RM62.2 Mil. Poh Huat Resources Holdings Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM105.2 Mil. Hence, Poh Huat Resources Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 was 53.98.

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

XKLS:7088' s Days Inventory Range Over the Past 10 Years
Min: 47.69   Med: 60.42   Max: 86.6
Current: 62.25

During the past 13 years, Poh Huat Resources Holdings Bhd's highest Days Inventory was 86.60. The lowest was 47.69. And the median was 60.42.

XKLS:7088's Days Inventory is ranked better than
76.41% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.08 vs XKLS:7088: 62.25

Poh Huat Resources Holdings Bhd's Days Inventory declined from Jan. 2023 (75.08) to Jan. 2024 (53.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Poh Huat Resources Holdings Bhd's Inventory Turnover for the three months ended in Jan. 2024 was 1.69.

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. Poh Huat Resources Holdings Bhd's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.47.


Poh Huat Resources Holdings Bhd Days Inventory Historical Data

The historical data trend for Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd Days Inventory Chart

Poh Huat Resources Holdings Bhd Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.69 56.67 86.60 70.11 72.10

Poh Huat Resources Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 75.08 75.02 59.10 57.06 53.98

Competitive Comparison of Poh Huat Resources Holdings Bhd's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Poh Huat Resources 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.


Poh Huat Resources Holdings Bhd's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Poh Huat Resources Holdings Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Poh Huat Resources Holdings Bhd's Days Inventory falls into.



Poh Huat Resources Holdings Bhd Days Inventory Calculation

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

Poh Huat Resources Holdings Bhd's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (84.029 + 55.537) / 2 ) / 353.285*365
=69.783 / 353.285*365
=72.10

Poh Huat Resources Holdings Bhd's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (55.537 + 68.896) / 2 ) / 105.165*365 / 4
=62.2165 / 105.165*365 / 4
=53.98

* 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.


Poh Huat Resources Holdings Bhd  (XKLS:7088) 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.

Poh Huat Resources Holdings Bhd's Inventory Turnover for the three months ended in Jan. 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.

Poh Huat Resources Holdings Bhd's Inventory to Revenue for the three months ended in Jan. 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.


Poh Huat Resources Holdings Bhd Days Inventory Related Terms

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


Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Traded in Other Exchanges
N/A
Address
PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300
Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

Poh Huat Resources Holdings Bhd (XKLS:7088) Headlines

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