Kobay Technology Bhd (XKLS:6971) Days Inventory : 201.82 (As of Mar. 2024)

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What is Kobay Technology Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kobay Technology Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM146.4 Mil. Kobay Technology Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM66.2 Mil. Hence, Kobay Technology Bhd's Days Inventory for the three months ended in Mar. 2024 was 201.82.

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

XKLS:6971' s Days Inventory Range Over the Past 10 Years
Min: 52.96 Med: 107 Max: 223.04
Current: 223.04

During the past 13 years, Kobay Technology Bhd's highest Days Inventory was 223.04. The lowest was 52.96. And the median was 107.00.

XKLS:6971's Days Inventory is ranked worse than
79.91% of 2912 companies
in the Industrial Products industry
Industry Median: 121.36 vs XKLS:6971: 223.04

Kobay Technology Bhd's Days Inventory declined from Mar. 2023 (240.68) to Mar. 2024 (201.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kobay Technology Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.45.

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. Kobay Technology Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.67.

Kobay Technology Bhd Days Inventory Historical Data

The historical data trend for Kobay Technology 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.

Kobay Technology Bhd Days Inventory Chart

Kobay Technology Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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117.65

114.38

160.32

128.28

204.40

Kobay Technology Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															240.68	246.37	231.82	214.43	201.82

Competitive Comparison of Kobay Technology Bhd's Days Inventory

For the Metal Fabrication subindustry, Kobay Technology 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.

Kobay Technology Bhd's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kobay Technology Bhd's Days Inventory falls into.

Kobay Technology Bhd Days Inventory Calculation

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

Kobay Technology Bhd's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (117.128	+	143.344)	/	2 )	/	232.564	*	365
=	130.236					/	232.564	*	365
=	204.40

Kobay Technology Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (144.941	+	147.955)	/	2 )	/	66.213	*	365 / 4
=	146.448					/	66.213	*	365 / 4
=	201.82

Kobay Technology Bhd (XKLS:6971) 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.

Kobay Technology Bhd's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	66.213	/	146.448
	=	0.45

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.

Kobay Technology Bhd's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	146.448	/	87.789
	=	1.67

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.

Kobay Technology Bhd Days Inventory Related Terms

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

Kobay Technology Bhd (XKLS:6971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kobay Technology Bhd (XKLS:6971) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42-B Jalan Rangoon, 3rd Floor, Wisma Kobay, Georgetown, PNG, MYS, 10400

Website

https://www.kobaytech.com

Kobay Technology Bhd is an investment holding company. The company's operating segment includes Manufacturing and Property development, Pharmaceutical and healthcare, Asset Management and Other. It generates maximum revenue from the Manufacturing segment. The Manufacturing segment is engaged in the manufacture of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment. Geographically, it derives a majority of revenue from Malaysia.

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