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Kanger International Bhd (XKLS:0170) Days Inventory : 3.30 (As of Sep. 2024)


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What is Kanger International Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kanger International Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM0.23 Mil. Kanger International Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM6.43 Mil. Hence, Kanger International Bhd's Days Inventory for the three months ended in Sep. 2024 was 3.30.

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

XKLS:0170' s Days Inventory Range Over the Past 10 Years
Min: 1.95   Med: 183.29   Max: 209.6
Current: 1.95

During the past 10 years, Kanger International Bhd's highest Days Inventory was 209.60. The lowest was 1.95. And the median was 183.29.

XKLS:0170's Days Inventory is ranked better than
99.64% of 274 companies
in the Forest Products industry
Industry Median: 87.98 vs XKLS:0170: 1.95

Kanger International Bhd's Days Inventory declined from Jun. 2023 (51.41) to Sep. 2024 (3.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanger International Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 27.61.

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. Kanger International Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.04.


Kanger International Bhd Days Inventory Historical Data

The historical data trend for Kanger International 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.

Kanger International Bhd Days Inventory Chart

Kanger International Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Sep24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.34 133.45 174.24 18.41 97.79

Kanger International Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24
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 51.41 0.73 1.67 13.53 3.30

Competitive Comparison of Kanger International Bhd's Days Inventory

For the Lumber & Wood Production subindustry, Kanger International 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.


Kanger International Bhd's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kanger International Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kanger International Bhd's Days Inventory falls into.



Kanger International Bhd Days Inventory Calculation

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

Kanger International Bhd's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (9.013 + 0) / 1 ) / 33.64*365
=9.013 / 33.64*365
=97.79

Kanger International Bhd's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.233 + 0) / 1 ) / 6.434*365 / 4
=0.233 / 6.434*365 / 4
=3.30

* 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.


Kanger International Bhd  (XKLS:0170) 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.

Kanger International 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.

Kanger International 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.


Kanger International Bhd Days Inventory Related Terms

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


Kanger International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Taman Perindustrian Alfa Impian, No. 1 & 3, Jalan Alfa Impian 2, Balakong, Kuala Lumpur, SGR, MYS, 43000
Kanger International Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the segments of Investment Holding, Manufacturing, trading and project management services. It generates maximum revenue from the Manufacturing, trading and project management services segment which includes, manufacturing and trading of bamboo flooring and healthcare products and project management consultancy services. Geographically, it derives a majority of revenue from Malaysia.

Kanger International Bhd Headlines

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