Ralco Bhd (XKLS:7498) Days Inventory : 53.51 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Ralco Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ralco Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM9.29 Mil. Ralco Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM15.84 Mil. Hence, Ralco Bhd's Days Inventory for the three months ended in Dec. 2023 was 53.51.

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

XKLS:7498' s Days Inventory Range Over the Past 10 Years
Min: 32.53 Med: 67.1 Max: 83.03
Current: 58.73

During the past 13 years, Ralco Bhd's highest Days Inventory was 83.03. The lowest was 32.53. And the median was 67.10.

XKLS:7498's Days Inventory is ranked better than
67.85% of 367 companies
in the Packaging & Containers industry
Industry Median: 77.89 vs XKLS:7498: 58.73

Ralco Bhd's Days Inventory declined from Dec. 2022 (65.83) to Dec. 2023 (53.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ralco Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.71.

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. Ralco Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.60.

Ralco Bhd Days Inventory Historical Data

The historical data trend for Ralco 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.

Ralco Bhd Days Inventory Chart

Ralco Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

81.97

79.07

83.03

71.76

66.44

Ralco Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															65.83	60.67	56.38	58.63	53.51

Competitive Comparison of Ralco Bhd's Days Inventory

For the Packaging & Containers subindustry, Ralco 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.

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

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

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

Ralco Bhd Days Inventory Calculation

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

Ralco 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
=	( (9.633	+	10.269)	/	2 )	/	54.669	*	365
=	9.951					/	54.669	*	365
=	66.44

Ralco 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
=	( (8.305	+	10.269)	/	2 )	/	15.836	*	365 / 4
=	9.287					/	15.836	*	365 / 4
=	53.51

Ralco Bhd (XKLS:7498) 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.

Ralco Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.836	/	9.287
	=	1.71

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.

Ralco Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.287	/	15.491
	=	0.60

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.

Ralco Bhd Days Inventory Related Terms

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

Ralco Bhd (XKLS:7498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ralco Corp Bhd (XKLS:7498) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 1476, Jalan Lengkok Emas 1, Nilai Industrial Estate, Nilai, NSN, MYS, 71800

Website

https://www.ralco.net

Ralco Corp Bhd. is engaged in the manufacturing and trading of plastic products. Its product line is comprised of Jerrican (Blow molding) and Pail (Injection molding) in various sizes. Jerrican is widely used for the packing of the liquid form of chemical products as well as for edible oils while pails are utilized for packing paints for both household and industrial use. The company has two reportable segments: Plastic products and others. Plastic products include the manufacturing and sale of plastic products. Others include trading of furniture, oil packing, buying and selling of palm oil products, manufacturing or dealing in packaging materials, and all related products. It generates its revenues from the Plastic Products segment. Its firm is based in Malaysia.

Ralco Bhd (XKLS:7498) Headlines

No Headlines