GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BM GreenTech Bhd (XKLS:0168) » Definitions » Days Inventory

BM GreenTech Bhd (XKLS:0168) Days Inventory : 73.09 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is BM GreenTech Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BM GreenTech Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM65.6 Mil. BM GreenTech Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM81.9 Mil. Hence, BM GreenTech Bhd's Days Inventory for the three months ended in Dec. 2023 was 73.09.

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

XKLS:0168' s Days Inventory Range Over the Past 10 Years
Min: 44.32   Med: 60.52   Max: 77.81
Current: 64.64

During the past 13 years, BM GreenTech Bhd's highest Days Inventory was 77.81. The lowest was 44.32. And the median was 60.52.

XKLS:0168's Days Inventory is ranked better than
82.42% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs XKLS:0168: 64.64

BM GreenTech Bhd's Days Inventory increased from Dec. 2022 (69.43) to Dec. 2023 (73.09). It might indicate that BM GreenTech Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BM GreenTech Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.25.

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. BM GreenTech Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.64.


BM GreenTech Bhd Days Inventory Historical Data

The historical data trend for BM GreenTech 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.

BM GreenTech Bhd Days Inventory Chart

BM GreenTech Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.48 68.05 77.81 61.49 63.97

BM GreenTech 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 69.43 58.58 69.28 59.24 73.09

Competitive Comparison of BM GreenTech Bhd's Days Inventory

For the Specialty Industrial Machinery subindustry, BM GreenTech 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.


BM GreenTech Bhd's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BM GreenTech Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where BM GreenTech Bhd's Days Inventory falls into.



BM GreenTech Bhd Days Inventory Calculation

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

BM GreenTech Bhd's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (47.138 + 64.511) / 2 ) / 318.517*365
=55.8245 / 318.517*365
=63.97

BM GreenTech 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
=( (62.33 + 68.918) / 2 ) / 81.924*365 / 4
=65.624 / 81.924*365 / 4
=73.09

* 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.


BM GreenTech Bhd  (XKLS:0168) 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.

BM GreenTech 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.

BM GreenTech 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.


BM GreenTech Bhd Days Inventory Related Terms

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


BM GreenTech Bhd (XKLS:0168) Business Description

Traded in Other Exchanges
N/A
Address
Lot 875, Jalan Subang 8, Taman Perindustrian Subang, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47620
BM GreenTech Bhd formerly Boilermech Holdings Bhd is a Malaysia-based company. The operating business segments of the company are Bio-Energy Systems, which include manufacturing, installation, and repair of bio-energy systems, and trading of related parts and accessories; Water Treatment, which includes general trading and contractor of water treatment chemicals and equipment; and Solar energy which includes Installation of solar photovoltaic systems and trading of related parts and accessories. The Bio-Energy Systems segment generates maximum revenue for the company. Geographically, the group has a business presence in Malaysia and other countries.

BM GreenTech Bhd (XKLS:0168) Headlines

No Headlines