Mycron Steel Bhd (XKLS:5087) Days Inventory : 105.72 (As of Dec. 2024)

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What is Mycron Steel Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mycron Steel Bhd's Average Total Inventories for the three months ended in Dec. 2024 was RM223.1 Mil. Mycron Steel Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM192.6 Mil. Hence, Mycron Steel Bhd's Days Inventory for the three months ended in Dec. 2024 was 105.72.

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

XKLS:5087' s Days Inventory Range Over the Past 10 Years
Min: 60.34 Med: 107.79 Max: 159.65
Current: 104.89

During the past 13 years, Mycron Steel Bhd's highest Days Inventory was 159.65. The lowest was 60.34. And the median was 107.79.

XKLS:5087's Days Inventory is ranked worse than
60.62% of 584 companies
in the Steel industry
Industry Median: 87.37 vs XKLS:5087: 104.89

Mycron Steel Bhd's Days Inventory increased from Dec. 2023 (89.61) to Dec. 2024 (105.72). It might indicate that Mycron Steel Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mycron Steel Bhd's Inventory Turnover for the three months ended in Dec. 2024 was 0.86.

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. Mycron Steel Bhd's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.09.

Mycron Steel Bhd Days Inventory Historical Data

The historical data trend for Mycron Steel 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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Mycron Steel Bhd Days Inventory Chart

Mycron Steel Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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111.08

110.36

144.70

159.65

108.06

Mycron Steel Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															89.61	96.68	112.84	119.88	105.72

Competitive Comparison of Mycron Steel Bhd's Days Inventory

For the Steel subindustry, Mycron Steel 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.

Mycron Steel Bhd's Days Inventory Distribution in the Steel Industry

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

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

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Mycron Steel Bhd Days Inventory Calculation

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

Mycron Steel Bhd's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (173.694	+	265.895)	/	2 )	/	742.379	*	365
=	219.7945					/	742.379	*	365
=	108.06

Mycron Steel Bhd's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (226.534	+	219.7)	/	2 )	/	192.577	*	365 / 4
=	223.117					/	192.577	*	365 / 4
=	105.72

Mycron Steel Bhd (XKLS:5087) 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.

Mycron Steel Bhd's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	192.577	/	223.117
	=	0.86

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.

Mycron Steel Bhd's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	223.117	/	204.054
	=	1.09

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.

Mycron Steel Bhd Days Inventory Related Terms

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

Mycron Steel Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mycron Steel Bhd (XKLS:5087) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 717, Jalan Sungai Rasau, Seksyen 16, Shah Alam, SGR, MYS, 40200

Website

https://www.mycronsteel.com

Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.

Mycron Steel Bhd Headlines

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