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Kinergy Advancement Bhd (XKLS:0193) Days Inventory : 0.71 (As of Sep. 2024)


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What is Kinergy Advancement Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kinergy Advancement Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM0.5 Mil. Kinergy Advancement Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM68.3 Mil. Hence, Kinergy Advancement Bhd's Days Inventory for the three months ended in Sep. 2024 was 0.71.

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

XKLS:0193' s Days Inventory Range Over the Past 10 Years
Min: 0.8   Med: 1.41   Max: 1.7
Current: 1.23

During the past 10 years, Kinergy Advancement Bhd's highest Days Inventory was 1.70. The lowest was 0.80. And the median was 1.41.

XKLS:0193's Days Inventory is ranked better than
94.94% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs XKLS:0193: 1.23

Kinergy Advancement Bhd's Days Inventory declined from Sep. 2023 (1.35) to Sep. 2024 (0.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kinergy Advancement Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 128.94.

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. Kinergy Advancement Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.01.


Kinergy Advancement Bhd Days Inventory Historical Data

The historical data trend for Kinergy Advancement 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.

Kinergy Advancement Bhd Days Inventory Chart

Kinergy Advancement Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.94 1.54 1.70 1.63

Kinergy Advancement Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.35 1.29 2.01 1.70 0.71

Competitive Comparison of Kinergy Advancement Bhd's Days Inventory

For the Engineering & Construction subindustry, Kinergy Advancement 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.


Kinergy Advancement Bhd's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kinergy Advancement Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kinergy Advancement Bhd's Days Inventory falls into.



Kinergy Advancement Bhd Days Inventory Calculation

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

Kinergy Advancement 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
=( (0.587 + 0.824) / 2 ) / 157.953*365
=0.7055 / 157.953*365
=1.63

Kinergy Advancement 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
=( (0.551 + 0.509) / 2 ) / 68.336*365 / 4
=0.53 / 68.336*365 / 4
=0.71

* 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.


Kinergy Advancement Bhd  (XKLS:0193) 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.

Kinergy Advancement 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.

Kinergy Advancement 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.


Kinergy Advancement Bhd Days Inventory Related Terms

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


Kinergy Advancement Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000
Kinergy Advancement Bhd is a Malaysia-based company specializing in electrical and mechanical engineering as well as Sustainable Energy Solutions (SES). The company offers all aspects of electrical, mechanical and associated engineering services for both commercial and residential buildings. Its Electrical engineering services are involved in the installation, testing, and commissioning of electrical systems including electrical distribution systems, communications and information technology networks and (Extra Low Voltage) ELV systems. The company also offers mechanical engineering services which involve installation, testing, and commissioning of air-conditioning and mechanical ventilation systems.

Kinergy Advancement Bhd Headlines

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