K. Seng Seng Bhd (XKLS:5192) Days Inventory : 145.91 (As of Sep. 2024)

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What is K. Seng Seng Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). K. Seng Seng Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM81.6 Mil. K. Seng Seng Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM51.1 Mil. Hence, K. Seng Seng Bhd's Days Inventory for the three months ended in Sep. 2024 was 145.91.

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

XKLS:5192' s Days Inventory Range Over the Past 10 Years
Min: 100.36 Med: 197.47 Max: 235.13
Current: 100.36

During the past 13 years, K. Seng Seng Bhd's highest Days Inventory was 235.13. The lowest was 100.36. And the median was 197.47.

XKLS:5192's Days Inventory is ranked worse than
59.01% of 588 companies
in the Steel industry
Industry Median: 87.67 vs XKLS:5192: 100.36

K. Seng Seng Bhd's Days Inventory increased from Sep. 2023 (132.59) to Sep. 2024 (145.91). It might indicate that K. Seng Seng Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. K. Seng Seng Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 0.63.

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. K. Seng Seng Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.30.

K. Seng Seng Bhd Days Inventory Historical Data

The historical data trend for K. Seng Seng 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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K. Seng Seng Bhd Days Inventory Chart

K. Seng Seng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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224.04

235.13

197.96

167.87

125.89

K. Seng Seng Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															132.59	84.73	73.33	109.38	145.91

Competitive Comparison of K. Seng Seng Bhd's Days Inventory

For the Steel subindustry, K. Seng Seng 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.

K. Seng Seng Bhd's Days Inventory Distribution in the Steel Industry

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

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

K. Seng Seng Bhd Days Inventory Calculation

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

K. Seng Seng 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
=	( (80.971	+	71.392)	/	2 )	/	220.873	*	365
=	76.1815					/	220.873	*	365
=	125.89

K. Seng Seng Bhd's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (77.204	+	86.077)	/	2 )	/	51.056	*	365 / 4
=	81.6405					/	51.056	*	365 / 4
=	145.91

K. Seng Seng Bhd (XKLS:5192) 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.

K. Seng Seng Bhd's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	51.056	/	81.6405
	=	0.63

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.

K. Seng Seng Bhd's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	81.6405	/	62.952
	=	1.30

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.

K. Seng Seng Bhd Days Inventory Related Terms

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

K. Seng Seng Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » K. Seng Seng Corp Bhd (XKLS:5192) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan 7/5, Lot 3707, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300

Website

https://www.kssc.com.my

K. Seng Seng Corp Bhd is an investment holding company. The company operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Engineering and Project works, Other industrial hardware, and Investment holding. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

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