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Nationgate Holdings Bhd (XKLS:0270) Days Inventory : 150.54 (As of Mar. 2024)


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What is Nationgate Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nationgate Holdings Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM285.0 Mil. Nationgate Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM172.8 Mil. Hence, Nationgate Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 150.54.

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

XKLS:0270' s Days Inventory Range Over the Past 10 Years
Min: 54.63   Med: 69.51   Max: 148.25
Current: 148.25

During the past 5 years, Nationgate Holdings Bhd's highest Days Inventory was 148.25. The lowest was 54.63. And the median was 69.51.

XKLS:0270's Days Inventory is ranked worse than
67.66% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs XKLS:0270: 148.25

Nationgate Holdings Bhd's Days Inventory increased from Mar. 2023 (133.96) to Mar. 2024 (150.54). It might indicate that Nationgate Holdings Bhd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nationgate Holdings Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.61.

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. Nationgate Holdings Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.38.


Nationgate Holdings Bhd Days Inventory Historical Data

The historical data trend for Nationgate 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.

Nationgate Holdings Bhd Days Inventory Chart

Nationgate Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
63.04 54.63 69.51 77.93 144.26

Nationgate Holdings Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.96 138.25 136.57 145.06 150.54

Competitive Comparison of Nationgate Holdings Bhd's Days Inventory

For the Electronic Components subindustry, Nationgate 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.


Nationgate Holdings Bhd's Days Inventory Distribution in the Hardware Industry

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

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



Nationgate Holdings Bhd Days Inventory Calculation

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

Nationgate 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
=( (186.329 + 230.224) / 2 ) / 526.986*365
=208.2765 / 526.986*365
=144.26

Nationgate Holdings Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (230.224 + 339.77) / 2 ) / 172.751*365 / 4
=284.997 / 172.751*365 / 4
=150.54

* 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.


Nationgate Holdings Bhd  (XKLS:0270) 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.

Nationgate Holdings Bhd's Inventory Turnover for the three months ended in Mar. 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.

Nationgate Holdings Bhd's Inventory to Revenue for the three months ended in Mar. 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.


Nationgate Holdings Bhd Days Inventory Related Terms

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


Nationgate Holdings Bhd (XKLS:0270) Business Description

Traded in Other Exchanges
N/A
Address
2005, Tingkat Perusahaan Satu, Kawasan Perindustrian Prai, Pulau Pinang, Perai, PNG, MYS, 13600
Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fullyassembled electronic products as well as semiconductor devices.

Nationgate Holdings Bhd (XKLS:0270) Headlines

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