GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MHC Plantations Bhd (XKLS:5026) » Definitions » Days Inventory

MHC Plantations Bhd (XKLS:5026) Days Inventory : 26.24 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is MHC Plantations Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MHC Plantations Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM28.1 Mil. MHC Plantations Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM97.6 Mil. Hence, MHC Plantations Bhd's Days Inventory for the three months ended in Mar. 2024 was 26.24.

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

XKLS:5026' s Days Inventory Range Over the Past 10 Years
Min: 18.35   Med: 33.53   Max: 40.37
Current: 23.76

During the past 13 years, MHC Plantations Bhd's highest Days Inventory was 40.37. The lowest was 18.35. And the median was 33.53.

XKLS:5026's Days Inventory is ranked better than
92.91% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.4 vs XKLS:5026: 23.76

MHC Plantations Bhd's Days Inventory declined from Mar. 2023 (26.66) to Mar. 2024 (26.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. MHC Plantations Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 3.48.

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. MHC Plantations Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.27.


MHC Plantations Bhd Days Inventory Historical Data

The historical data trend for MHC 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.

MHC Plantations Bhd Days Inventory Chart

MHC Plantations 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 38.99 29.72 18.35 20.85 23.80

MHC Plantations 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 26.66 23.83 22.67 21.29 26.24

Competitive Comparison of MHC Plantations Bhd's Days Inventory

For the Farm Products subindustry, MHC 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.


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

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

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



MHC Plantations Bhd Days Inventory Calculation

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

MHC Plantations 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
=( (30.169 + 25.3) / 2 ) / 425.367*365
=27.7345 / 425.367*365
=23.80

MHC Plantations 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
=( (25.3 + 30.846) / 2 ) / 97.617*365 / 4
=28.073 / 97.617*365 / 4
=26.24

* 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.


MHC Plantations Bhd  (XKLS:5026) 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.

MHC Plantations 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.

MHC Plantations 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.


MHC Plantations Bhd Days Inventory Related Terms

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


MHC Plantations Bhd (XKLS:5026) Business Description

Traded in Other Exchanges
N/A
Address
Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900
MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. It operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products. The Other Segment refers to the extraction and sale of earth stones, operation of a hotel and Others. The Oil Mill Segment generates maximum revenue for the company.

MHC Plantations Bhd (XKLS:5026) Headlines

No Headlines