Days Inventory is also known as Days Sales of Inventory (DSI). Iris Bhd's Average Total Inventories for the
three
months ended in Sep. 2024 was RM21.8 Mil. Iris Bhd's Cost of Goods Sold for the
three
months ended in Sep. 2024 was RM28.1 Mil.
Hence, Iris Bhd's Days Inventory for the
three
months ended in Sep. 2024 was 70.90.
The historical rank and industry rank for Iris Bhd's Days Inventory or its related term are showing as below:
XKLS:0010'
s Days Inventory Range Over the Past 10 Years
Min: 33.56 Med: 48.81 Max: 85.08
Current: 47.43
During the past 13 years, Iris Bhd's highest Days Inventory was 85.08. The lowest was 33.56. And the median was 48.81.
XKLS:0010's Days Inventory is ranked better than 89.32% of 2903
companies
in the Industrial Products industry
Industry Median: 121.86
vs XKLS:0010: 47.43
Iris Bhd's Days Inventory
increased
from Sep. 2023 (47.28) to Sep. 2024 (70.90).
It might indicate that Iris Bhd's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Iris Bhd's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.29.
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.
Iris Bhd's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.54.
Iris Bhd Days Inventory Historical Data
The historical data trend for Iris 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.
Competitive Comparison of Iris Bhd's Days Inventory
For the Business Equipment & Supplies subindustry, Iris 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.
Iris Bhd's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Iris Bhd's Days Inventory distribution charts can be found below:
* The bar in red indicates where Iris Bhd's Days Inventory falls into.
Iris Bhd Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Iris Bhd's Days Inventory for the fiscal year that ended in Mar. 2024 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.
Iris Bhd (XKLS:0010) 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.
Iris Bhd's Inventory Turnover for the
three
months ended in Sep. 2024 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.
Iris Bhd's Inventory to Revenue for the
three
months ended in Sep. 2024 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.
Iris Bhd Days Inventory Related Terms
Thank you for viewing the detailed overview of Iris Bhd's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Iris Corp Bhd is engaged in operations of segments such as the Trusted Identification, and Sustainable Development division. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-passports, e-identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of its revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.
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