V.S Industry Bhd (XKLS:6963) Days Inventory : 68.55 (As of Jan. 2024)

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What is V.S Industry Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). V.S Industry Bhd's Average Total Inventories for the three months ended in Jan. 2024 was RM634 Mil. V.S Industry Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM844 Mil. Hence, V.S Industry Bhd's Days Inventory for the three months ended in Jan. 2024 was 68.55.

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

XKLS:6963' s Days Inventory Range Over the Past 10 Years
Min: 37.23 Med: 52.34 Max: 81.27
Current: 65.52

During the past 13 years, V.S Industry Bhd's highest Days Inventory was 81.27. The lowest was 37.23. And the median was 52.34.

XKLS:6963's Days Inventory is ranked better than
72.23% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs XKLS:6963: 65.52

V.S Industry Bhd's Days Inventory declined from Jan. 2023 (71.67) to Jan. 2024 (68.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. V.S Industry Bhd's Inventory Turnover for the three months ended in Jan. 2024 was 1.33.

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. V.S Industry Bhd's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.71.

V.S Industry Bhd Days Inventory Historical Data

The historical data trend for V.S Industry 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.

V.S Industry Bhd Days Inventory Chart

V.S Industry Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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38.77

43.93

50.85

81.27

71.43

V.S Industry Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															71.67	74.28	61.51	58.75	68.55

Competitive Comparison of V.S Industry Bhd's Days Inventory

For the Electronic Components subindustry, V.S Industry 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.

V.S Industry Bhd's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V.S Industry Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where V.S Industry Bhd's Days Inventory falls into.

V.S Industry Bhd Days Inventory Calculation

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

V.S Industry Bhd's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (925.006	+	703.779)	/	2 )	/	4161.394	*	365
=	814.3925					/	4161.394	*	365
=	71.43

V.S Industry Bhd's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (657.024	+	611.675)	/	2 )	/	844.46	*	365 / 4
=	634.3495					/	844.46	*	365 / 4
=	68.55

V.S Industry Bhd (XKLS:6963) 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.

V.S Industry Bhd's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	844.46	/	634.3495
	=	1.33

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.

V.S Industry Bhd's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	634.3495	/	895.022
	=	0.71

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.

V.S Industry Bhd Days Inventory Related Terms

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

V.S Industry Bhd (XKLS:6963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V.S Industry Bhd (XKLS:6963) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400

Website

http://www.vs-i.com

V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

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