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AYS Ventures Bhd (XKLS:5021) Days Inventory : 0.00 (As of Dec. 2023)


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What is AYS Ventures Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AYS Ventures Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM534 Mil. AYS Ventures Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM0 Mil.

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

During the past 13 years, AYS Ventures Bhd's highest Days Inventory was 188.75. The lowest was 97.16. And the median was 153.59.

XKLS:5021's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 88.66
* Ranked among companies with meaningful Days Inventory only.

AYS Ventures Bhd's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. AYS Ventures Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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. AYS Ventures Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.65.


AYS Ventures Bhd Days Inventory Historical Data

The historical data trend for AYS Ventures 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.

AYS Ventures Bhd Days Inventory Chart

AYS Ventures Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.75 171.82 170.68 166.32 166.38

AYS Ventures 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 - - - - -

Competitive Comparison of AYS Ventures Bhd's Days Inventory

For the Steel subindustry, AYS Ventures 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.


AYS Ventures Bhd's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, AYS Ventures Bhd's Days Inventory distribution charts can be found below:

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



AYS Ventures Bhd Days Inventory Calculation

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

AYS Ventures Bhd's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (534.786 + 529.176) / 2 ) / 1167.079*365
=531.981 / 1167.079*365
=166.38

AYS Ventures 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
=( (544.479 + 523.254) / 2 ) / 0*365 / 4
=533.8665 / 0*365 / 4
=N/A

* 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.


AYS Ventures Bhd  (XKLS:5021) 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.

AYS Ventures 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.

AYS Ventures 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.


AYS Ventures Bhd Days Inventory Related Terms

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


AYS Ventures Bhd (XKLS:5021) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Haji Abdul Manan, Lot 6488, Darul Ehsan, Klang, SGR, MYS, 42100
AYS Ventures Bhd is an investment holding principally involved in the trading and manufacturing of steel, construction, and related products. The company is organized into three segments namely trading and services where the trading division trades and markets a diverse range of steel products, warehousing, and storage services, and construction materials; the manufacturing division which involves the manufacturing and trading of panels and components for sectional tanks, purlin, structural steel components, and other steel products and others segment includes investment holding and dormant. The products of the company serve customers in the construction, engineering for heavy steel industries, fabrication, oil and gas, power plant, and shipbuilding sectors.

AYS Ventures Bhd (XKLS:5021) Headlines

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