Riverview Rubber Estates Bhd (XKLS:2542) Days Inventory : 86.85 (As of Sep. 2024)

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What is Riverview Rubber Estates Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Riverview Rubber Estates Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM3.76 Mil. Riverview Rubber Estates Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM3.95 Mil. Hence, Riverview Rubber Estates Bhd's Days Inventory for the three months ended in Sep. 2024 was 86.85.

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

XKLS:2542' s Days Inventory Range Over the Past 10 Years
Min: 3.95 Med: 59.33 Max: 122.54
Current: 76.59

During the past 13 years, Riverview Rubber Estates Bhd's highest Days Inventory was 122.54. The lowest was 3.95. And the median was 59.33.

XKLS:2542's Days Inventory is ranked better than
53.62% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 82.35 vs XKLS:2542: 76.59

Riverview Rubber Estates Bhd's Days Inventory declined from Sep. 2023 (89.03) to Sep. 2024 (86.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Riverview Rubber Estates Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 1.05.

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. Riverview Rubber Estates Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.42.

Riverview Rubber Estates Bhd Days Inventory Historical Data

The historical data trend for Riverview Rubber Estates 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.

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Riverview Rubber Estates Bhd Days Inventory Chart

Riverview Rubber Estates Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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54.27

85.87

107.21

75.00

53.94

Riverview Rubber Estates Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															89.03	71.74	57.50	75.10	86.85

Competitive Comparison of Riverview Rubber Estates Bhd's Days Inventory

For the Farm Products subindustry, Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riverview Rubber Estates Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Riverview Rubber Estates Bhd's Days Inventory falls into.

Riverview Rubber Estates Bhd Days Inventory Calculation

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

Riverview Rubber Estates 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
=	( (3.196	+	2.45)	/	2 )	/	19.103	*	365
=	2.823					/	19.103	*	365
=	53.94

Riverview Rubber Estates Bhd's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3.814	+	3.699)	/	2 )	/	3.947	*	365 / 4
=	3.7565					/	3.947	*	365 / 4
=	86.85

Riverview Rubber Estates Bhd (XKLS:2542) 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.

Riverview Rubber Estates Bhd's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.947	/	3.7565
	=	1.05

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.

Riverview Rubber Estates Bhd's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.7565	/	8.913
	=	0.42

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.

Riverview Rubber Estates Bhd Days Inventory Related Terms

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

Riverview Rubber Estates Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Riverview Rubber Estates Bhd (XKLS:2542) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riverview Estate, Tanjung Tualang, MYS, 31800

Website

http://www.riverview.com.my

Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm, and sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through one segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia.

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