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Chin Teck Plantations Bhd (XKLS:1929) Days Inventory : 74.81 (As of Feb. 2024)


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What is Chin Teck Plantations Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chin Teck Plantations Bhd's Average Total Inventories for the three months ended in Feb. 2024 was RM17.7 Mil. Chin Teck Plantations Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was RM21.6 Mil. Hence, Chin Teck Plantations Bhd's Days Inventory for the three months ended in Feb. 2024 was 74.81.

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

XKLS:1929' s Days Inventory Range Over the Past 10 Years
Min: 19   Med: 47.72   Max: 59.94
Current: 54.67

During the past 13 years, Chin Teck Plantations Bhd's highest Days Inventory was 59.94. The lowest was 19.00. And the median was 47.72.

XKLS:1929's Days Inventory is ranked better than
71.57% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs XKLS:1929: 54.67

Chin Teck Plantations Bhd's Days Inventory increased from Feb. 2023 (62.13) to Feb. 2024 (74.81). It might indicate that Chin Teck Plantations Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chin Teck Plantations Bhd's Inventory Turnover for the three months ended in Feb. 2024 was 1.22.

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. Chin Teck Plantations Bhd's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.35.


Chin Teck Plantations Bhd Days Inventory Historical Data

The historical data trend for Chin Teck Plantations 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.

Chin Teck Plantations Bhd Days Inventory Chart

Chin Teck Plantations Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.45 56.09 57.07 56.79 59.94

Chin Teck Plantations Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.13 45.21 50.78 48.71 74.81

Competitive Comparison of Chin Teck Plantations Bhd's Days Inventory

For the Farm Products subindustry, Chin Teck Plantations 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.


Chin Teck Plantations Bhd's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chin Teck Plantations Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chin Teck Plantations Bhd's Days Inventory falls into.



Chin Teck Plantations Bhd Days Inventory Calculation

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

Chin Teck Plantations 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
=( (20.924 + 17.122) / 2 ) / 115.845*365
=19.023 / 115.845*365
=59.94

Chin Teck Plantations 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
=( (15.791 + 19.611) / 2 ) / 21.59*365 / 4
=17.701 / 21.59*365 / 4
=74.81

* 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.


Chin Teck Plantations Bhd  (XKLS:1929) 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.

Chin Teck Plantations 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.

Chin Teck Plantations 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.


Chin Teck Plantations Bhd Days Inventory Related Terms

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


Chin Teck Plantations Bhd (XKLS:1929) Business Description

Traded in Other Exchanges
N/A
Address
Block 2B, Level 3A, Jalan Stesen Sentral 5, Suite 2B-3A-2, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, process and sale of fresh fruit bunches, crude palm oil, and palm kernel and is predominantly carried out in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang, and Keratong. The company also participates in joint ventures on oil palm plantations in Indonesia located at Lampung Province, Jambi Province, and South Sumatera Province, Sumatera, Republic of Indonesia.

Chin Teck Plantations Bhd (XKLS:1929) Headlines

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