AirAsia X Bhd (XKLS:5238) Days Inventory: 1.87 (As of Mar. 2026) — 93% Above Median


XKLS:5238 AirAsia X Bhd XKLS:5238
47 GF Score
Price RM1.13
GF Value RM1.61
Valuation Possible Value Trap
! 7 Warning Signs
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What is AirAsia X Bhd Days Inventory?

AirAsia X Bhd XKLS:5238 -0.88% 47 Days Inventory is 1.87 as of Mar. 2026, which is 93% above its 10-year median of 0.97. GuruFocus rates XKLS:5238 with a GF Score™ of 47/100 and a GF Value™ of RM1.61 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 801 Transportation companies, AirAsia X Bhd ranks better than 82.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). AirAsia X Bhd's Average Total Inventories for the three months ended in Mar. 2026 was RM102 Mil. AirAsia X Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM4,993 Mil. Hence, AirAsia X Bhd's Days Inventory for the three months ended in Mar. 2026 was 1.87.

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

XKLS:5238' s Days Inventory Range Over the Past 10 Years
Min: 0.14   Med: 0.97   Max: 2.37
Current: 2.37

During the past 11 years, AirAsia X Bhd's highest Days Inventory was 2.37. The lowest was 0.14. And the median was 0.97.

XKLS:5238's Days Inventory is ranked better than
82.77% of 801 companies
in the Transportation industry
Industry Median: 12.4 vs XKLS:5238: 2.37

AirAsia X Bhd's Days Inventory increased from Mar. 2025 (0.99) to Mar. 2026 (1.87). It might indicate that AirAsia X Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AirAsia X Bhd's Inventory Turnover for the three months ended in Mar. 2026 was 48.72.

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. AirAsia X Bhd's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.02.


AirAsia X Bhd  (XKLS:5238) 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.

AirAsia X Bhd's Inventory Turnover for the three months ended in Mar. 2026 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.

AirAsia X Bhd's Inventory to Revenue for the three months ended in Mar. 2026 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.


AirAsia X Bhd Days Inventory Related Terms


AirAsia X Bhd Days Inventory Historical Data

* Premium members only.

The historical data trend for AirAsia X 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.

AirAsia X Bhd Days Inventory Chart

AirAsia X Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.21 1.59 0.99 1.31

AirAsia X Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.99 1.35 1.04 1.15 1.87

XKLS:5238 vs DAL, UAL, LUV: Days Inventory Comparison

For the Airlines subindustry, AirAsia X 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.


AirAsia X Bhd Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, AirAsia X Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where AirAsia X Bhd's Days Inventory falls into.


XKLS:5238
47GF Score
AirAsia X Bhd XKLS:5238
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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AirAsia X Bhd Days Inventory Calculation

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

AirAsia X Bhd's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (8.693 + 12.856) / 2 ) / 3007.224*365
=10.7745 / 3007.224*365
=1.31

AirAsia X Bhd's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12.856 + 192.124) / 2 ) / 4993.414*365 / 4
=102.49 / 4993.414*365 / 4
=1.87

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1.87 mean?
AirAsia X Bhd (XKLS:5238) has a Days Inventory of 1.87 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on AirAsia X Bhd and its competitors. This is 93% above median its historical median of 0.97. Over the past decade, AirAsia X Bhd's Days Inventory has ranged from 0.14 to 2.37. According to the industry distribution chart, AirAsia X Bhd ranks #138 out of 801 companies in the Transportation industry, placing it in the top 17.2%.
Is AirAsia X Bhd's Days Inventory too high?
AirAsia X Bhd's current Days Inventory of 1.87 is 93% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 2.37. The Transportation industry median Days Inventory is 12.40. AirAsia X Bhd's value of 1.87 is 84.9% below this industry median. Based on the distribution chart, AirAsia X Bhd ranks #138 out of 801 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, AirAsia X Bhd has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirAsia X Bhd's Days Inventory compare to DAL and UAL?
According to the Transportation industry distribution chart, AirAsia X Bhd ranks #138 out of 801 companies for Days Inventory. This places AirAsia X Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Days Inventory is 12.40. AirAsia X Bhd's value of 1.87 is 84.9% below this benchmark. Historically, AirAsia X Bhd's own Days Inventory has ranged from 0.14 to 2.37 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 12.40, AirAsia X Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 801 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AirAsia X Bhd's current Days Inventory of 1.87 is 84.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on AirAsia X Bhd and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirAsia X Bhd's current Days Inventory is 1.87, which is 93% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia X Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia X Bhd (XKLS:5238) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.61, compared to a current price of RM1.13 — trading 29.8% below its estimated fair value. The current Days Inventory is 1.87, which is 93% above median its 10-year median of 0.97 and 84.9% below the Transportation industry median of 12.40. AirAsia X Bhd's overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For AirAsia X Bhd (XKLS:5238), the current Days Inventory is 1.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AirAsia X Bhd (XKLS:5238) Overvalued in 2026?

Based on GuruFocus' analysis, AirAsia X Bhd stock appears to be undervalued. The current stock price of RM1.13 is trading 29.8% below its estimated GF Value™ of RM1.61. GuruFocus considers AirAsia X Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5238:

  • Days Inventory: 1.87 (93% above median its 10-year median of 0.97)
  • GF Value™: RM1.61 vs. price of RM1.13 (29.8% below fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 84.9% below the Transportation median (#138 of 801)

No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirAsia X Bhd Business Description

Address RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, MYS, 64000
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
47GF Score

Get the complete analysis for XKLS:5238

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.13
Price
RM1.61
GF Value