Kia Lim Bhd (XKLS:6211) Days Inventory : 177.95 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Kia Lim Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kia Lim Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM13.35 Mil. Kia Lim Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM6.84 Mil. Hence, Kia Lim Bhd's Days Inventory for the three months ended in Dec. 2023 was 177.95.

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

XKLS:6211' s Days Inventory Range Over the Past 10 Years
Min: 114.9 Med: 152.43 Max: 198.7
Current: 194.91

During the past 13 years, Kia Lim Bhd's highest Days Inventory was 198.70. The lowest was 114.90. And the median was 152.43.

XKLS:6211's Days Inventory is ranked worse than
80.16% of 368 companies
in the Building Materials industry
Industry Median: 83.675 vs XKLS:6211: 194.91

Kia Lim Bhd's Days Inventory increased from Dec. 2022 (176.32) to Dec. 2023 (177.95). It might indicate that Kia Lim Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kia Lim Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.51.

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. Kia Lim Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.19.

Kia Lim Bhd Days Inventory Historical Data

The historical data trend for Kia Lim 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.

Kia Lim Bhd Days Inventory Chart

Kia Lim Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

133.32

181.21

198.70

190.30

194.03

Kia Lim 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															176.32	192.31	247.38	178.51	177.95

Competitive Comparison of Kia Lim Bhd's Days Inventory

For the Building Materials subindustry, Kia Lim 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.

Kia Lim Bhd's Days Inventory Distribution in the Building Materials Industry

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

* The bar in red indicates where Kia Lim Bhd's Days Inventory falls into.

Kia Lim Bhd Days Inventory Calculation

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

Kia Lim 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
=	( (11.858	+	13.592)	/	2 )	/	23.938	*	365
=	12.725					/	23.938	*	365
=	194.03

Kia Lim 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
=	( (13.102	+	13.592)	/	2 )	/	6.844	*	365 / 4
=	13.347					/	6.844	*	365 / 4
=	177.95

Kia Lim Bhd (XKLS:6211) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.844	/	13.347
	=	0.51

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.347	/	11.227
	=	1.19

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.

Kia Lim Bhd Days Inventory Related Terms

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

Kia Lim Bhd (XKLS:6211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kia Lim Bhd (XKLS:6211) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

79, Jalan Muar, 1st Floor, Wisma Ng Hoo Tee, Batu Pahat, Parit Sulong, JHR, MYS, 83500

Website

http://www.kialim.com.my

Kia Lim Bhd is an investment holding company. The company is engaged in the business of manufacturing clay bricks. Along with its subsidiaries, it manufactures clay common bricks, facing bricks, block bricks, M211 bricks, brick tiles, chamfered paving bricks, and many more. The group operates in Malaysia.

Kia Lim Bhd (XKLS:6211) Headlines

No Headlines