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Spring Art Holdings Bhd (XKLS:0216) Days Inventory : 0.00 (As of Sep. 2024)


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What is Spring Art Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Spring Art Holdings Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM11.48 Mil. Spring Art Holdings Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM0.00 Mil.

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

During the past 9 years, Spring Art Holdings Bhd's highest Days Inventory was 146.49. The lowest was 56.21. And the median was 70.00.

XKLS:0216's Days Inventory is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 101.51
* Ranked among companies with meaningful Days Inventory only.

Spring Art Holdings Bhd's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Spring Art Holdings Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 0.00.

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. Spring Art Holdings Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.08.


Spring Art Holdings Bhd Days Inventory Historical Data

The historical data trend for Spring Art 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.

Spring Art Holdings Bhd Days Inventory Chart

Spring Art Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 59.70 94.61 145.62 146.49 77.85

Spring Art 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 - - - - -

Competitive Comparison of Spring Art Holdings Bhd's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Spring Art 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.


Spring Art Holdings Bhd's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Days Inventory distribution charts can be found below:

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



Spring Art Holdings Bhd Days Inventory Calculation

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

Spring Art Holdings 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
=( (10.204 + 8.047) / 2 ) / 42.787*365
=9.1255 / 42.787*365
=77.85

Spring Art 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
=( (13.306 + 9.661) / 2 ) / 0*365 / 4
=11.4835 / 0*365 / 4
=N/A

* 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.


Spring Art Holdings Bhd  (XKLS:0216) 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.

Spring Art 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.

Spring Art 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.


Spring Art Holdings Bhd Days Inventory Related Terms

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


Spring Art Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Persindustrian Bukit Pasir, Lot Plo 49, Jalan Rami 4, Bukit Pasir, Muar, JHR, MYS, 84300
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products. The business activities of the group include design, development, manufacturing, and marketing sales of office furniture, bedroom furniture, living room furniture as well as other types of furniture. Its product offering consists of study tables, shoe cabinets, TV cabinets, bedrooms, living rooms, and office-related furniture. The operating segments of the group only consist of design, development, manufacturing and marketing, and sale of furniture products. The group has a worldwide business presence.

Spring Art Holdings Bhd Headlines

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