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MK Land Holdings Bhd (XKLS:8893) Days Inventory : 225.29 (As of Dec. 2023)


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What is MK Land Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MK Land Holdings Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM129.8 Mil. MK Land Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM52.6 Mil. Hence, MK Land Holdings Bhd's Days Inventory for the three months ended in Dec. 2023 was 225.29.

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

XKLS:8893' s Days Inventory Range Over the Past 10 Years
Min: 272.42   Med: 765.16   Max: 1583.91
Current: 272.42

During the past 13 years, MK Land Holdings Bhd's highest Days Inventory was 1583.91. The lowest was 272.42. And the median was 765.16.

XKLS:8893's Days Inventory is ranked better than
70.01% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs XKLS:8893: 272.42

MK Land Holdings Bhd's Days Inventory declined from Dec. 2022 (416.34) to Dec. 2023 (225.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. MK Land Holdings Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.41.

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. MK Land Holdings Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.81.


MK Land Holdings Bhd Days Inventory Historical Data

The historical data trend for MK Land 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.

MK Land Holdings Bhd Days Inventory Chart

MK Land Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,049.71 852.74 677.58 460.58 333.63

MK Land Holdings 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 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 416.34 351.28 194.74 440.72 225.29

Competitive Comparison of MK Land Holdings Bhd's Days Inventory

For the Real Estate - Development subindustry, MK Land 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.


MK Land Holdings Bhd's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MK Land Holdings Bhd's Days Inventory distribution charts can be found below:

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



MK Land Holdings Bhd Days Inventory Calculation

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

MK Land Holdings Bhd's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (149.841 + 137.861) / 2 ) / 157.379*365
=143.851 / 157.379*365
=333.63

MK Land Holdings 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
=( (134.344 + 125.271) / 2 ) / 52.577*365 / 4
=129.8075 / 52.577*365 / 4
=225.29

* 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.


MK Land Holdings Bhd  (XKLS:8893) 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.

MK Land Holdings 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.

MK Land Holdings 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.


MK Land Holdings Bhd Days Inventory Related Terms

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


MK Land Holdings Bhd (XKLS:8893) Business Description

Traded in Other Exchanges
N/A
Address
Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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