Bintai Kinden Bhd (XKLS:6998) Days Inventory : 21.81 (As of Dec. 2023)

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What is Bintai Kinden Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bintai Kinden Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM1.49 Mil. Bintai Kinden Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM6.24 Mil. Hence, Bintai Kinden Bhd's Days Inventory for the three months ended in Dec. 2023 was 21.81.

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

XKLS:6998' s Days Inventory Range Over the Past 10 Years
Min: 0.22 Med: 0.81 Max: 17.3
Current: 17.3

During the past 13 years, Bintai Kinden Bhd's highest Days Inventory was 17.30. The lowest was 0.22. And the median was 0.81.

XKLS:6998's Days Inventory is ranked better than
69.27% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs XKLS:6998: 17.30

Bintai Kinden Bhd's Days Inventory increased from Dec. 2022 (5.22) to Dec. 2023 (21.81). It might indicate that Bintai Kinden Bhd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bintai Kinden Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 4.18.

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. Bintai Kinden Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.

Bintai Kinden Bhd Days Inventory Historical Data

The historical data trend for Bintai Kinden 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.

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Bintai Kinden Bhd Days Inventory Chart

Bintai Kinden Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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0.22

2.35

5.03

Bintai Kinden 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															5.22	7.25	26.62	65.03	21.81

Competitive Comparison of Bintai Kinden Bhd's Days Inventory

For the Engineering & Construction subindustry, Bintai Kinden 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.

Bintai Kinden Bhd's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bintai Kinden Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bintai Kinden Bhd's Days Inventory falls into.

Bintai Kinden Bhd Days Inventory Calculation

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

Bintai Kinden Bhd's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.902	+	1.713)	/	2 )	/	94.95	*	365
=	1.3075					/	94.95	*	365
=	5.03

Bintai Kinden 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
=	( (2.035	+	0.949)	/	2 )	/	6.242	*	365 / 4
=	1.492					/	6.242	*	365 / 4
=	21.81

Bintai Kinden Bhd (XKLS:6998) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.242	/	1.492
	=	4.18

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.492	/	12.439
	=	0.12

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.

Bintai Kinden Bhd Days Inventory Related Terms

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

Bintai Kinden Bhd (XKLS:6998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bintai Kinden Corp Bhd (XKLS:6998) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Persiaran Barat, 10-01-02, PJX-HM Shah Tower, Petaling Jaya, SGR, MYS, 46050

Website

http://www.bintai.com.my

Bintai Kinden Corp Bhd is a Malaysian investment holding company. The company's operating segment includes Specialised mechanical and electrical engineering; Concession arrangements and Investment holdings and others. It generates maximum revenue from the Specialised mechanical and electrical engineering segment. The Specialised mechanical and electrical engineering segment undertakes infrastructure, civil, and structural construction projects, and specialised mechanical and electrical engineering and environment and facilities management.

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