S P Setia Bhd (XKLS:8664) Days Inventory : 428.28 (As of Dec. 2023)

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What is S P Setia Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). S P Setia Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM4,281 Mil. S P Setia Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM912 Mil. Hence, S P Setia Bhd's Days Inventory for the three months ended in Dec. 2023 was 428.28.

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

XKLS:8664' s Days Inventory Range Over the Past 10 Years
Min: 13 Med: 472.63 Max: 627.84
Current: 492.37

During the past 13 years, S P Setia Bhd's highest Days Inventory was 627.84. The lowest was 13.00. And the median was 472.63.

XKLS:8664's Days Inventory is ranked better than
58.38% of 1324 companies
in the Real Estate industry
Industry Median: 692.115 vs XKLS:8664: 492.37

S P Setia Bhd's Days Inventory increased from Dec. 2022 (267.60) to Dec. 2023 (428.28). It might indicate that S P Setia Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. S P Setia Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.21.

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. S P Setia Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.09.

S P Setia Bhd Days Inventory Historical Data

The historical data trend for S P Setia 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.

S P Setia Bhd Days Inventory Chart

S P Setia Bhd Annual Data

Trend

Oct13

Oct14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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566.77

627.84

550.24

438.57

501.05

S P Setia 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															267.60	510.21	565.79	483.49	428.28

Competitive Comparison of S P Setia Bhd's Days Inventory

For the Real Estate - Development subindustry, S P Setia 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.

S P Setia Bhd's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, S P Setia Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where S P Setia Bhd's Days Inventory falls into.

S P Setia Bhd Days Inventory Calculation

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

S P Setia 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
=	( (4059.808	+	4265.465)	/	2 )	/	3032.345	*	365
=	4162.6365					/	3032.345	*	365
=	501.05

S P Setia 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
=	( (4296.896	+	4265.465)	/	2 )	/	912.153	*	365 / 4
=	4281.1805					/	912.153	*	365 / 4
=	428.28

S P Setia Bhd (XKLS:8664) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	912.153	/	4281.1805
	=	0.21

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4281.1805	/	1383.815
	=	3.09

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.

S P Setia Bhd Days Inventory Related Terms

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

S P Setia Bhd (XKLS:8664) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S P Setia Bhd (XKLS:8664) » Definitions » Days Inventory

Traded in Other Exchanges

8664PB.PFD:Malaysia 8664PA.PFD:Malaysia

Address

12, Persiaran Setia Dagang, Setia Alam, Seksyen U13, S P Setia Berhad Corporate HQ, Shah Alam, MYS, 40170

Website

https://www.spsetia.com

S P Setia Bhd is a general real estate company that reports in three segments: Property Development, Construction, and Other operations. The vast majority of Setia's revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Setia's construction segment focuses on building and highway construction. The company considers merger and acquisition investment as a component of its operational growth strategy.

S P Setia Bhd (XKLS:8664) Headlines

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