Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Days Inventory : 40.88 (As of Sep. 2023)

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What is Sin Heng Chan (Malaysia) Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sin Heng Chan (Malaysia) Bhd's Average Total Inventories for the three months ended in Sep. 2023 was RM4.29 Mil. Sin Heng Chan (Malaysia) Bhd's Cost of Goods Sold for the three months ended in Sep. 2023 was RM9.57 Mil. Hence, Sin Heng Chan (Malaysia) Bhd's Days Inventory for the three months ended in Sep. 2023 was 40.88.

The historical rank and industry rank for Sin Heng Chan (Malaysia) Bhd's Days Inventory or its related term are showing as below:

XKLS:4316' s Days Inventory Range Over the Past 10 Years
Min: 17.2 Med: 32.74 Max: 45.04
Current: 45.04

During the past 13 years, Sin Heng Chan (Malaysia) Bhd's highest Days Inventory was 45.04. The lowest was 17.20. And the median was 32.74.

XKLS:4316's Days Inventory is ranked better than
79.57% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs XKLS:4316: 45.04

Sin Heng Chan (Malaysia) Bhd's Days Inventory increased from Sep. 2022 (39.05) to Sep. 2023 (40.88). It might indicate that Sin Heng Chan (Malaysia) Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sin Heng Chan (Malaysia) Bhd's Inventory Turnover for the three months ended in Sep. 2023 was 2.23.

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. Sin Heng Chan (Malaysia) Bhd's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.37.

Sin Heng Chan (Malaysia) Bhd Days Inventory Historical Data

The historical data trend for Sin Heng Chan (Malaysia) 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.

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Sin Heng Chan (Malaysia) Bhd Days Inventory Chart

Sin Heng Chan (Malaysia) Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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17.20

28.20

35.15

34.21

34.83

Sin Heng Chan (Malaysia) Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															39.05	51.21	44.98	39.83	40.88

Competitive Comparison of Sin Heng Chan (Malaysia) Bhd's Days Inventory

For the Farm Products subindustry, Sin Heng Chan (Malaysia) 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.

Sin Heng Chan (Malaysia) Bhd's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sin Heng Chan (Malaysia) Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sin Heng Chan (Malaysia) Bhd's Days Inventory falls into.

Sin Heng Chan (Malaysia) Bhd Days Inventory Calculation

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

Sin Heng Chan (Malaysia) Bhd's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.543	+	4.38)	/	2 )	/	36.274	*	365
=	3.4615					/	36.274	*	365
=	34.83

Sin Heng Chan (Malaysia) Bhd's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.08	+	4.495)	/	2 )	/	9.571	*	365 / 4
=	4.2875					/	9.571	*	365 / 4
=	40.88

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) 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.

Sin Heng Chan (Malaysia) Bhd's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.571	/	4.2875
	=	2.23

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.

Sin Heng Chan (Malaysia) Bhd's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.2875	/	11.441
	=	0.37

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.

Sin Heng Chan (Malaysia) Bhd Days Inventory Related Terms

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

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sin Heng Chan (Malaysia) Bhd (XKLS:4316) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Lorong Dungun Kiri, Level 3, Wisma E & C, Damansara Heights, Kuala Lumpur, MYS, 50490

Website

https://www.shcm.com.my

Sin Heng Chan (Malaysia) Bhd is an agri-based group of companies engaged in oil palm plantation related activities and sale of fresh fruit bunches (FFB) and Energy and Facility Management. The company's operating segments consist of Plantation, Energy and facilities management, Investment holding, and Others. The Maximum revenue is generated from the Plantation segment.

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Headlines

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