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Chin Well Holdings Bhd (XKLS:5007) Days Inventory : 313.95 (As of Mar. 2024)


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What is Chin Well Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chin Well Holdings Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM261.6 Mil. Chin Well Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM76.0 Mil. Hence, Chin Well Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 313.95.

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

XKLS:5007' s Days Inventory Range Over the Past 10 Years
Min: 157.67   Med: 195.87   Max: 308.3
Current: 308.3

During the past 13 years, Chin Well Holdings Bhd's highest Days Inventory was 308.30. The lowest was 157.67. And the median was 195.87.

XKLS:5007's Days Inventory is ranked worse than
89.91% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs XKLS:5007: 308.30

Chin Well Holdings Bhd's Days Inventory declined from Mar. 2023 (322.84) to Mar. 2024 (313.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chin Well Holdings Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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 Well Holdings Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.23.


Chin Well Holdings Bhd Days Inventory Historical Data

The historical data trend for Chin Well 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.

Chin Well Holdings Bhd Days Inventory Chart

Chin Well Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.67 198.37 256.06 241.24 298.02

Chin Well Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 322.84 293.70 325.47 294.50 313.95

Competitive Comparison of Chin Well Holdings Bhd's Days Inventory

For the Tools & Accessories subindustry, Chin Well 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.


Chin Well Holdings Bhd's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chin Well Holdings Bhd's Days Inventory distribution charts can be found below:

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



Chin Well Holdings Bhd Days Inventory Calculation

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

Chin Well Holdings Bhd's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (338.848 + 291.732) / 2 ) / 386.145*365
=315.29 / 386.145*365
=298.02

Chin Well Holdings Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (254.783 + 268.485) / 2 ) / 76.045*365 / 4
=261.634 / 76.045*365 / 4
=313.95

* 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 Well Holdings Bhd  (XKLS:5007) 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 Well Holdings Bhd's Inventory Turnover for the three months ended in Mar. 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 Well Holdings Bhd's Inventory to Revenue for the three months ended in Mar. 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 Well Holdings Bhd Days Inventory Related Terms

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


Chin Well Holdings Bhd (XKLS:5007) Business Description

Traded in Other Exchanges
N/A
Address
No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The company's Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Malaysia.

Chin Well Holdings Bhd (XKLS:5007) Headlines

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