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SKP Resources Bhd (XKLS:7155) Days Inventory : 42.65 (As of Sep. 2024)


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What is SKP Resources Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SKP Resources Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM261 Mil. SKP Resources Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM559 Mil. Hence, SKP Resources Bhd's Days Inventory for the three months ended in Sep. 2024 was 42.65.

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

XKLS:7155' s Days Inventory Range Over the Past 10 Years
Min: 26.17   Med: 34.69   Max: 49.93
Current: 45.95

During the past 13 years, SKP Resources Bhd's highest Days Inventory was 49.93. The lowest was 26.17. And the median was 34.69.

XKLS:7155's Days Inventory is ranked better than
79.18% of 1494 companies
in the Chemicals industry
Industry Median: 79.62 vs XKLS:7155: 45.95

SKP Resources Bhd's Days Inventory declined from Sep. 2023 (47.33) to Sep. 2024 (42.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. SKP Resources Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 2.14.

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. SKP Resources Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.41.


SKP Resources Bhd Days Inventory Historical Data

The historical data trend for SKP 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.

SKP Resources Bhd Days Inventory Chart

SKP Resources Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.67 35.47 43.52 42.19 49.93

SKP Resources Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.33 47.87 42.83 47.14 42.65

Competitive Comparison of SKP Resources Bhd's Days Inventory

For the Specialty Chemicals subindustry, SKP 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.


SKP Resources Bhd's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SKP Resources Bhd's Days Inventory distribution charts can be found below:

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



SKP Resources Bhd Days Inventory Calculation

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

SKP Resources Bhd's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (252.836 + 187.481) / 2 ) / 1609.329*365
=220.1585 / 1609.329*365
=49.93

SKP Resources Bhd's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (260.332 + 262.361) / 2 ) / 559.105*365 / 4
=261.3465 / 559.105*365 / 4
=42.65

* 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.


SKP Resources Bhd  (XKLS:7155) 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.

SKP Resources Bhd's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

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.

SKP Resources Bhd's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

* 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.


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.


SKP Resources Bhd Days Inventory Related Terms

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


SKP Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kluang, No.421, 4th Miles, Batu Pahat, JHR, MYS, 83000
SKP Resources Bhd is an investment holding and provision of a management service company. It is engaged in the manufacturing of plastic products. The company's operating segment includes Sales of goods and Others. It generates the majority of revenue from the Sales of goods segment. Geographically, it operates only in Malaysia. Its services include Design and Engineering; Tool and Die Fabrication; Injection Moulding and Cosmetic Finishing; Contract Manufacturing and Component Assembly; Manufacturing Services and Logistics and Fulfillment.

SKP Resources Bhd Headlines

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