GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Resintech Bhd (XKLS:7232) » Definitions » Days Inventory

Resintech Bhd (XKLS:7232) Days Inventory : 149.48 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Resintech Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Resintech Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM35.44 Mil. Resintech Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM21.63 Mil. Hence, Resintech Bhd's Days Inventory for the three months ended in Dec. 2023 was 149.48.

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

XKLS:7232' s Days Inventory Range Over the Past 10 Years
Min: 72.03   Med: 115.46   Max: 194.48
Current: 194.48

During the past 13 years, Resintech Bhd's highest Days Inventory was 194.48. The lowest was 72.03. And the median was 115.46.

XKLS:7232's Days Inventory is ranked worse than
86.23% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs XKLS:7232: 194.48

Resintech Bhd's Days Inventory increased from Sep. 2022 (141.10) to Dec. 2023 (149.48). It might indicate that Resintech Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resintech Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.61.

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. Resintech Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.34.


Resintech Bhd Days Inventory Historical Data

The historical data trend for Resintech 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.

Resintech Bhd Days Inventory Chart

Resintech Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.65 116.66 134.69 144.17 161.76

Resintech 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 141.10 153.55 146.95 144.28 149.48

Competitive Comparison of Resintech Bhd's Days Inventory

For the Building Products & Equipment subindustry, Resintech 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.


Resintech Bhd's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Resintech Bhd's Days Inventory distribution charts can be found below:

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



Resintech Bhd Days Inventory Calculation

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

Resintech 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
=( (25.07 + 31.393) / 2 ) / 63.702*365
=28.2315 / 63.702*365
=161.76

Resintech 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
=( (36.624 + 34.249) / 2 ) / 21.632*365 / 4
=35.4365 / 21.632*365 / 4
=149.48

* 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.


Resintech Bhd  (XKLS:7232) 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.

Resintech 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.

Resintech 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.


Resintech Bhd Days Inventory Related Terms

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


Resintech Bhd (XKLS:7232) Business Description

Traded in Other Exchanges
N/A
Address
Lot 3 and 5, Jalan Waja 14, Kawasan Perindustrian, Telok Panglima Garang, Telok Panglima Garang, SGR, MYS, 42500
Resintech Bhd engages in the provision of management services. It is involved in innovating, designing, manufacturing, and marketing a diversified range of uPVC and Polyethylene products. The company operates through the following segments: Manufacturing and Trading; Services; Investment Holding; Services and Others. The Manufacturing and Trading segment of the company is involved in the manufacturing and trading of a diversified range of plastics pipes, water tanks, and fittings; the services segment is the property holding, and the Investment Holding segment refers to investments. The firm's majority revenue gets generated through the Manufacturing and Trading segment. Malaysia contributes to the majority of total revenue.

Resintech Bhd (XKLS:7232) Headlines

No Headlines