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Wellspire Holdings Bhd (XKLS:0271) Days Inventory : 22.74 (As of Jun. 2024)


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What is Wellspire Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wellspire Holdings Bhd's Average Total Inventories for the three months ended in Jun. 2024 was RM5.8 Mil. Wellspire Holdings Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM23.1 Mil. Hence, Wellspire Holdings Bhd's Days Inventory for the three months ended in Jun. 2024 was 22.74.

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

XKLS:0271' s Days Inventory Range Over the Past 10 Years
Min: 8.85   Med: 16.5   Max: 26.36
Current: 25.94

During the past 5 years, Wellspire Holdings Bhd's highest Days Inventory was 26.36. The lowest was 8.85. And the median was 16.50.

XKLS:0271's Days Inventory is ranked better than
66.21% of 293 companies
in the Retail - Defensive industry
Industry Median: 36.12 vs XKLS:0271: 25.94

Wellspire Holdings Bhd's Days Inventory declined from Jun. 2023 (26.72) to Jun. 2024 (22.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wellspire Holdings Bhd's Inventory Turnover for the three months ended in Jun. 2024 was 4.01.

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. Wellspire Holdings Bhd's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.20.


Wellspire Holdings Bhd Days Inventory Historical Data

The historical data trend for Wellspire 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.

Wellspire Holdings Bhd Days Inventory Chart

Wellspire Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
10.27 8.85 16.50 26.36 25.46

Wellspire Holdings Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.72 32.87 27.81 24.36 22.74

Competitive Comparison of Wellspire Holdings Bhd's Days Inventory

For the Food Distribution subindustry, Wellspire 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.


Wellspire Holdings Bhd's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wellspire Holdings Bhd's Days Inventory distribution charts can be found below:

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



Wellspire Holdings Bhd Days Inventory Calculation

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

Wellspire 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
=( (7.817 + 6.131) / 2 ) / 99.97*365
=6.974 / 99.97*365
=25.46

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

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (6.318 + 5.204) / 2 ) / 23.113*365 / 4
=5.761 / 23.113*365 / 4
=22.74

* 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.


Wellspire Holdings Bhd  (XKLS:0271) 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.

Wellspire Holdings Bhd's Inventory Turnover for the three months ended in Jun. 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.

Wellspire Holdings Bhd's Inventory to Revenue for the three months ended in Jun. 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.


Wellspire Holdings Bhd Days Inventory Related Terms

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


Wellspire Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450
Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd Headlines

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