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Solarvest Holdings Bhd (XKLS:0215) Days Inventory : 24.93 (As of Sep. 2024)


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What is Solarvest Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Solarvest Holdings Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM19.8 Mil. Solarvest Holdings Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM72.4 Mil. Hence, Solarvest Holdings Bhd's Days Inventory for the three months ended in Sep. 2024 was 24.93.

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

XKLS:0215' s Days Inventory Range Over the Past 10 Years
Min: 7.03   Med: 19.12   Max: 30
Current: 20.38

During the past 9 years, Solarvest Holdings Bhd's highest Days Inventory was 30.00. The lowest was 7.03. And the median was 19.12.

XKLS:0215's Days Inventory is ranked better than
94.74% of 951 companies
in the Semiconductors industry
Industry Median: 123.42 vs XKLS:0215: 20.38

Solarvest Holdings Bhd's Days Inventory increased from Sep. 2023 (22.95) to Sep. 2024 (24.93). It might indicate that Solarvest Holdings Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solarvest Holdings Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 3.66.

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. Solarvest Holdings Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.19.


Solarvest Holdings Bhd Days Inventory Historical Data

The historical data trend for Solarvest 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.

Solarvest Holdings Bhd Days Inventory Chart

Solarvest Holdings Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 18.61 30.00 27.45 19.36 15.85

Solarvest Holdings 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 22.95 13.09 17.86 25.62 24.93

Competitive Comparison of Solarvest Holdings Bhd's Days Inventory

For the Solar subindustry, Solarvest 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.


Solarvest Holdings Bhd's Days Inventory Distribution in the Semiconductors Industry

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

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



Solarvest Holdings Bhd Days Inventory Calculation

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

Solarvest Holdings Bhd's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (20.992 + 13.561) / 2 ) / 397.862*365
=17.2765 / 397.862*365
=15.85

Solarvest Holdings 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
=( (13.921 + 25.637) / 2 ) / 72.403*365 / 4
=19.779 / 72.403*365 / 4
=24.93

* 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.


Solarvest Holdings Bhd  (XKLS:0215) 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.

Solarvest Holdings 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.

Solarvest Holdings 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.


Solarvest Holdings Bhd Days Inventory Related Terms

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


Solarvest Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan 13/6, Seksyen 13, L1-01, Pacific 63 at PJ Centre, Petaling Jaya, SGR, MYS, 46200
Solarvest Holdings Bhd is an investment holding company. The company's operating segment includes (engineering, procurement, construction and commissioning) EPCC of the solar energy system; Operations and maintenance of solar energy system; Sale of electricity through solar energy generation, and others. It generates maximum revenue from EPCC of the solar energy system segment. The company serves residential; commercial; industrial and large-scale solar energy producers. The group operates primarily in Malaysia.

Solarvest Holdings Bhd Headlines

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