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Silver Ridge Holdings Bhd (XKLS:0129) Days Inventory : 6.25 (As of Dec. 2024)


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What is Silver Ridge Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Silver Ridge Holdings Bhd's Average Total Inventories for the three months ended in Dec. 2024 was RM0.52 Mil. Silver Ridge Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM7.60 Mil. Hence, Silver Ridge Holdings Bhd's Days Inventory for the three months ended in Dec. 2024 was 6.25.

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

XKLS:0129' s Days Inventory Range Over the Past 10 Years
Min: 8.9   Med: 34.87   Max: 56.52
Current: 11.02

During the past 13 years, Silver Ridge Holdings Bhd's highest Days Inventory was 56.52. The lowest was 8.90. And the median was 34.87.

XKLS:0129's Days Inventory is ranked better than
97.86% of 2386 companies
in the Hardware industry
Industry Median: 96.04 vs XKLS:0129: 11.02

Silver Ridge Holdings Bhd's Days Inventory declined from Dec. 2023 (13.96) to Dec. 2024 (6.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Silver Ridge Holdings Bhd's Inventory Turnover for the three months ended in Dec. 2024 was 14.59.

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. Silver Ridge Holdings Bhd's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.05.


Silver Ridge Holdings Bhd Days Inventory Historical Data

The historical data trend for Silver Ridge 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.

Silver Ridge Holdings Bhd Days Inventory Chart

Silver Ridge Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.19 43.79 47.89 35.17 8.90

Silver Ridge Holdings Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.96 15.71 22.42 6.93 6.25

Competitive Comparison of Silver Ridge Holdings Bhd's Days Inventory

For the Communication Equipment subindustry, Silver Ridge 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.


Silver Ridge Holdings Bhd's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silver Ridge Holdings Bhd's Days Inventory distribution charts can be found below:

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


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Silver Ridge Holdings Bhd Days Inventory Calculation

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

Silver Ridge Holdings Bhd's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.512 + 0.618) / 2 ) / 23.164*365
=0.565 / 23.164*365
=8.90

Silver Ridge Holdings Bhd's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.636 + 0.406) / 2 ) / 7.602*365 / 4
=0.521 / 7.602*365 / 4
=6.25

* 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.


Silver Ridge Holdings Bhd  (XKLS:0129) 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.

Silver Ridge Holdings Bhd's Inventory Turnover for the three months ended in Dec. 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.

Silver Ridge Holdings Bhd's Inventory to Revenue for the three months ended in Dec. 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.


Silver Ridge Holdings Bhd Days Inventory Related Terms

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


Silver Ridge Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan 1/68F, Off Jalan Tun Razak, Unit E-19-02, Level 19, Icon Tower - East Wing, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50400
Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

Silver Ridge Holdings Bhd Headlines

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