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MISC Bhd (XKLS:3816) Days Inventory : 2.62 (As of Dec. 2023)


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What is MISC Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MISC Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM91 Mil. MISC Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM3,176 Mil. Hence, MISC Bhd's Days Inventory for the three months ended in Dec. 2023 was 2.62.

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

XKLS:3816' s Days Inventory Range Over the Past 10 Years
Min: 3.08   Med: 11   Max: 13.9
Current: 3.08

During the past 13 years, MISC Bhd's highest Days Inventory was 13.90. The lowest was 3.08. And the median was 11.00.

XKLS:3816's Days Inventory is ranked better than
78.79% of 778 companies
in the Transportation industry
Industry Median: 11.545 vs XKLS:3816: 3.08

MISC Bhd's Days Inventory declined from Dec. 2022 (3.67) to Dec. 2023 (2.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. MISC Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 34.83.

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. MISC Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


MISC Bhd Days Inventory Historical Data

The historical data trend for MISC 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.

MISC Bhd Days Inventory Chart

MISC Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.21 7.19 4.79 3.92 3.27

MISC Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.67 3.75 2.74 3.28 2.62

Competitive Comparison of MISC Bhd's Days Inventory

For the Marine Shipping subindustry, MISC 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.


MISC Bhd's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MISC Bhd's Days Inventory distribution charts can be found below:

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



MISC Bhd Days Inventory Calculation

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

MISC 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
=( (97.879 + 92.883) / 2 ) / 10661.794*365
=95.381 / 10661.794*365
=3.27

MISC 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (89.5 + 92.883) / 2 ) / 3175.794*365 / 4
=91.1915 / 3175.794*365 / 4
=2.62

* 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.


MISC Bhd  (XKLS:3816) 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.

MISC Bhd's Inventory Turnover for the three months ended in Dec. 2023 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.

MISC Bhd's Inventory to Revenue for the three months ended in Dec. 2023 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.


MISC Bhd Days Inventory Related Terms

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


MISC Bhd (XKLS:3816) Business Description

Traded in Other Exchanges
Address
Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050
MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

MISC Bhd (XKLS:3816) Headlines

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