Sunmow Holding Bhd (XKLS:03050) Days Inventory : 86.56 (As of Dec. 2023)

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What is Sunmow Holding Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sunmow Holding Bhd's Average Total Inventories for the six months ended in Dec. 2023 was RM26.3 Mil. Sunmow Holding Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM55.5 Mil. Hence, Sunmow Holding Bhd's Days Inventory for the six months ended in Dec. 2023 was 86.56.

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

XKLS:03050' s Days Inventory Range Over the Past 10 Years
Min: 7.08 Med: 21.25 Max: 88.11
Current: 80.2

During the past 6 years, Sunmow Holding Bhd's highest Days Inventory was 88.11. The lowest was 7.08. And the median was 21.25.

XKLS:03050's Days Inventory is not ranked
in the Construction industry.
Industry Median: 48.75 vs XKLS:03050: 80.20

Sunmow Holding Bhd's Days Inventory increased from Dec. 2022 (26.11) to Dec. 2023 (86.56). It might indicate that Sunmow Holding 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. Sunmow Holding Bhd's Inventory Turnover for the six months ended in Dec. 2023 was 2.11.

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. Sunmow Holding Bhd's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

Sunmow Holding Bhd Days Inventory Historical Data

The historical data trend for Sunmow Holding 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.

Sunmow Holding Bhd Days Inventory Chart

Sunmow Holding Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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15.37

27.13

8.64

28.09

88.11

Sunmow Holding Bhd Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				2.01	1.59	26.11	62.25	86.56

Competitive Comparison of Sunmow Holding Bhd's Days Inventory

For the Engineering & Construction subindustry, Sunmow Holding 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.

Sunmow Holding Bhd's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sunmow Holding Bhd's Days Inventory distribution charts can be found below:

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

Sunmow Holding Bhd Days Inventory Calculation

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

Sunmow Holding 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
=	( (10.904	+	35.663)	/	2 )	/	96.456	*	365
=	23.2835					/	96.456	*	365
=	88.11

Sunmow Holding Bhd's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17.015	+	35.663)	/	2 )	/	55.534	*	365 / 2
=	26.339					/	55.534	*	365 / 2
=	86.56

Sunmow Holding Bhd (XKLS:03050) 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.

Sunmow Holding Bhd's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.534	/	26.339
	=	2.11

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.

Sunmow Holding Bhd's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.339	/	64.405
	=	0.41

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.

Sunmow Holding Bhd Days Inventory Related Terms

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

Sunmow Holding Bhd (XKLS:03050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sunmow Holding Bhd (XKLS:03050) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Tun Ahmad Zaidi, No. 142, 1st Floor, Parkcity Commerce Square, Bintulu, SWK, MYS, 97010

Website

https://www.sunmow.com.my

Sunmow Holding Bhd s principally engaged in the construction contract works and provision of construction support services, property development and trading in building materials and tools.

Sunmow Holding Bhd (XKLS:03050) Headlines

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