MBM Resources Bhd (XKLS:5983) Days Inventory : 23.93 (As of Dec. 2023)

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What is MBM Resources Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MBM Resources Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM169 Mil. MBM Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM643 Mil. Hence, MBM Resources Bhd's Days Inventory for the three months ended in Dec. 2023 was 23.93.

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

XKLS:5983' s Days Inventory Range Over the Past 10 Years
Min: 18.03 Med: 24.74 Max: 74.21
Current: 23.93

During the past 13 years, MBM Resources Bhd's highest Days Inventory was 74.21. The lowest was 18.03. And the median was 24.74.

XKLS:5983's Days Inventory is ranked better than
94.51% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.03 vs XKLS:5983: 23.93

MBM Resources Bhd's Days Inventory increased from Dec. 2022 (16.98) to Dec. 2023 (23.93). It might indicate that MBM Resources Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MBM Resources Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 3.81.

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. MBM Resources Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.24.

MBM Resources Bhd Days Inventory Historical Data

The historical data trend for MBM Resources 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.

MBM Resources Bhd Days Inventory Chart

MBM Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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20.04

18.14

19.62

18.03

22.79

MBM Resources 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															16.98	22.06	25.17	25.63	23.93

Competitive Comparison of MBM Resources Bhd's Days Inventory

For the Auto & Truck Dealerships subindustry, MBM Resources 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.

MBM Resources Bhd's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MBM Resources Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where MBM Resources Bhd's Days Inventory falls into.

MBM Resources Bhd Days Inventory Calculation

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

MBM Resources 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
=	( (115.649	+	161.035)	/	2 )	/	2215.743	*	365
=	138.342					/	2215.743	*	365
=	22.79

MBM Resources 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
=	( (176.319	+	161.035)	/	2 )	/	643.127	*	365 / 4
=	168.677					/	643.127	*	365 / 4
=	23.93

MBM Resources Bhd (XKLS:5983) 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.

MBM Resources Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	643.127	/	168.677
	=	3.81

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.

MBM Resources Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	168.677	/	699.557
	=	0.24

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.

MBM Resources Bhd Days Inventory Related Terms

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

MBM Resources Bhd (XKLS:5983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MBM Resources Bhd (XKLS:5983) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000

Website

https://www.mbmr.com.my

MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading, Auto parts manufacturing, and Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.

MBM Resources Bhd (XKLS:5983) Headlines

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