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Asia Poly Holdings Bhd (XKLS:0105) Days Inventory : 116.18 (As of Dec. 2023)


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What is Asia Poly Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Poly Holdings Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM37.2 Mil. Asia Poly Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM29.2 Mil. Hence, Asia Poly Holdings Bhd's Days Inventory for the three months ended in Dec. 2023 was 116.18.

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

XKLS:0105' s Days Inventory Range Over the Past 10 Years
Min: 44.92   Med: 70.74   Max: 153.35
Current: 130.29

During the past 13 years, Asia Poly Holdings Bhd's highest Days Inventory was 153.35. The lowest was 44.92. And the median was 70.74.

XKLS:0105's Days Inventory is ranked worse than
74.73% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs XKLS:0105: 130.29

Asia Poly Holdings Bhd's Days Inventory declined from Dec. 2022 (168.86) to Dec. 2023 (116.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Poly Holdings Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.79.

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. Asia Poly Holdings Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.25.


Asia Poly Holdings Bhd Days Inventory Historical Data

The historical data trend for Asia Poly 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.

Asia Poly Holdings Bhd Days Inventory Chart

Asia Poly Holdings Bhd Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.92 45.72 98.47 153.35 135.76

Asia Poly 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 168.86 131.74 131.42 138.41 116.18

Competitive Comparison of Asia Poly Holdings Bhd's Days Inventory

For the Specialty Chemicals subindustry, Asia Poly 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.


Asia Poly Holdings Bhd's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Days Inventory distribution charts can be found below:

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



Asia Poly Holdings Bhd Days Inventory Calculation

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

Asia Poly Holdings 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
=( (41.93 + 38.416) / 2 ) / 108.006*365
=40.173 / 108.006*365
=135.76

Asia Poly 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
=( (36.004 + 38.416) / 2 ) / 29.225*365 / 4
=37.21 / 29.225*365 / 4
=116.18

* 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.


Asia Poly Holdings Bhd  (XKLS:0105) 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.

Asia Poly 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.

Asia Poly 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.


Asia Poly Holdings Bhd Days Inventory Related Terms

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


Asia Poly Holdings Bhd (XKLS:0105) Business Description

Traded in Other Exchanges
N/A
Address
Lot 758, Jalan Haji Sirat, Mukim Kapar, Klang, SGR, MYS, 42100
Asia Poly Holdings Bhd is an investment holding company engaged in the manufacturing and selling of cast acrylic products. The business activity of the group is operated through Manufacturing, Trading, Property development, Renewable energy, Investment holdings and Other segments. Geographically the company operates in Malaysia. Middle East, Europe, USA, India, Brazil and others.

Asia Poly Holdings Bhd (XKLS:0105) Headlines

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