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Cekd Bhd (XKLS:0238) Days Inventory : 144.89 (As of Feb. 2024)


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What is Cekd Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cekd Bhd's Average Total Inventories for the three months ended in Feb. 2024 was RM6.83 Mil. Cekd Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was RM4.30 Mil. Hence, Cekd Bhd's Days Inventory for the three months ended in Feb. 2024 was 144.89.

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

XKLS:0238' s Days Inventory Range Over the Past 10 Years
Min: 102.28   Med: 126.88   Max: 143.79
Current: 143.79

During the past 6 years, Cekd Bhd's highest Days Inventory was 143.79. The lowest was 102.28. And the median was 126.88.

XKLS:0238's Days Inventory is ranked worse than
59.58% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs XKLS:0238: 143.79

Cekd Bhd's Days Inventory increased from Feb. 2023 (141.03) to Feb. 2024 (144.89). It might indicate that Cekd Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cekd Bhd's Inventory Turnover for the three months ended in Feb. 2024 was 0.63.

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. Cekd Bhd's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.83.


Cekd Bhd Days Inventory Historical Data

The historical data trend for Cekd 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.

Cekd Bhd Days Inventory Chart

Cekd Bhd Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial 104.50 127.71 126.05 140.97 135.94

Cekd Bhd Quarterly Data
Aug18 Aug19 Aug20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 141.03 147.55 143.73 136.64 144.89

Competitive Comparison of Cekd Bhd's Days Inventory

For the Metal Fabrication subindustry, Cekd 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.


Cekd Bhd's Days Inventory Distribution in the Industrial Products Industry

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

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



Cekd Bhd Days Inventory Calculation

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

Cekd Bhd's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (6.555 + 6.243) / 2 ) / 17.181*365
=6.399 / 17.181*365
=135.94

Cekd Bhd's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (6.967 + 6.692) / 2 ) / 4.301*365 / 4
=6.8295 / 4.301*365 / 4
=144.89

* 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.


Cekd Bhd  (XKLS:0238) 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.

Cekd Bhd's Inventory Turnover for the three months ended in Feb. 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.

Cekd Bhd's Inventory to Revenue for the three months ended in Feb. 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.


Cekd Bhd Days Inventory Related Terms

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


Cekd Bhd (XKLS:0238) Business Description

Traded in Other Exchanges
N/A
Address
10, Jalan 1/137B, Batu 5, Jalan Kelang Lama, Resource Industrial Centre, Kuala Lumpur, SGR, MYS, 58200
Cekd Bhd is a die-cutting solutions provider and is involved in the manufacturing of die-cutting moulds and trading of related consumables, tools, and accessories, mainly to the paper printing and packaging industry, E&E industry, and other industries such as automotive, plastic packaging, textile, and leather industries. Its operating segments are Manufacturing, Trading, and Investment Holding and it generates the majority of its revenue from the Manufacturing segment.

Cekd Bhd (XKLS:0238) Headlines

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