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KKB Engineering Bhd (XKLS:9466) Days Inventory : 32.32 (As of Dec. 2023)


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What is KKB Engineering Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KKB Engineering Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM49.7 Mil. KKB Engineering Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM140.3 Mil. Hence, KKB Engineering Bhd's Days Inventory for the three months ended in Dec. 2023 was 32.32.

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

XKLS:9466' s Days Inventory Range Over the Past 10 Years
Min: 36.19   Med: 54.67   Max: 156.9
Current: 48.57

During the past 13 years, KKB Engineering Bhd's highest Days Inventory was 156.90. The lowest was 36.19. And the median was 54.67.

XKLS:9466's Days Inventory is ranked better than
89.05% of 2913 companies
in the Industrial Products industry
Industry Median: 120.53 vs XKLS:9466: 48.57

KKB Engineering Bhd's Days Inventory declined from Dec. 2022 (71.93) to Dec. 2023 (32.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. KKB Engineering Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 2.82.

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. KKB Engineering Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.


KKB Engineering Bhd Days Inventory Historical Data

The historical data trend for KKB Engineering 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.

KKB Engineering Bhd Days Inventory Chart

KKB Engineering Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.75 61.53 51.47 51.54 47.08

KKB Engineering 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 71.93 98.16 62.63 39.41 32.32

Competitive Comparison of KKB Engineering Bhd's Days Inventory

For the Metal Fabrication subindustry, KKB Engineering 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.


KKB Engineering Bhd's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KKB Engineering Bhd's Days Inventory distribution charts can be found below:

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



KKB Engineering Bhd Days Inventory Calculation

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

KKB Engineering 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
=( (47.656 + 51.505) / 2 ) / 384.369*365
=49.5805 / 384.369*365
=47.08

KKB Engineering 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
=( (47.88 + 51.505) / 2 ) / 140.286*365 / 4
=49.6925 / 140.286*365 / 4
=32.32

* 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.


KKB Engineering Bhd  (XKLS:9466) 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.

KKB Engineering 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.

KKB Engineering 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.


KKB Engineering Bhd Days Inventory Related Terms

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


KKB Engineering Bhd (XKLS:9466) Business Description

Traded in Other Exchanges
N/A
Address
Bintawa Industrial Estate, Lot 865, Section 66, Jalan Kilang, Kuching, SWK, MYS, 93450
KKB Engineering Bhd is a Malaysia-based company engaged in steel fabrication; civil construction; hot-dip galvanizing; the manufacturing of liquefied petroleum gas (LPG) cylinders; structural steel fabrication for oil & gas facilities; and manufacturing and trading of steel pipes and pipe specials. It operates through two segments namely Engineering and construction; and Manufacturing sectors. The Engineering and construction segment includes civil engineering works and construction, steel fabrication, and hot-dip galvanizing. The Manufacturing segment manufactures LPG cylinders, steel pipes, and related products. It generates a vast majority of its revenue from the engineering and construction segment.

KKB Engineering Bhd (XKLS:9466) Headlines

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