Destini Bhd (XKLS:7212) Days Inventory : 87.22 (As of Sep. 2023)

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What is Destini Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Destini Bhd's Average Total Inventories for the three months ended in Sep. 2023 was RM14.1 Mil. Destini Bhd's Cost of Goods Sold for the three months ended in Sep. 2023 was RM14.7 Mil. Hence, Destini Bhd's Days Inventory for the three months ended in Sep. 2023 was 87.22.

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

XKLS:7212' s Days Inventory Range Over the Past 10 Years
Min: 8.27 Med: 27.35 Max: 43.24
Current: 40.08

During the past 13 years, Destini Bhd's highest Days Inventory was 43.24. The lowest was 8.27. And the median was 27.35.

XKLS:7212's Days Inventory is ranked better than
85.81% of 289 companies
in the Aerospace & Defense industry
Industry Median: 142.68 vs XKLS:7212: 40.08

Destini Bhd's Days Inventory declined from Sep. 2022 (92.42) to Sep. 2023 (87.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Destini Bhd's Inventory Turnover for the three months ended in Sep. 2023 was 1.05.

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. Destini Bhd's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.64.

Destini Bhd Days Inventory Historical Data

The historical data trend for Destini 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.

Destini Bhd Days Inventory Chart

Destini Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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14.88

16.35

25.56

39.89

36.38

Destini Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															92.42	16.70	92.96	57.39	87.22

Competitive Comparison of Destini Bhd's Days Inventory

For the Aerospace & Defense subindustry, Destini 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.

Destini Bhd's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Destini Bhd's Days Inventory distribution charts can be found below:

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

Destini Bhd Days Inventory Calculation

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

Destini Bhd's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (12.099	+	13.31)	/	2 )	/	127.455	*	365
=	12.7045					/	127.455	*	365
=	36.38

Destini Bhd's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (14.108	+	14.083)	/	2 )	/	14.746	*	365 / 4
=	14.0955					/	14.746	*	365 / 4
=	87.22

Destini Bhd (XKLS:7212) 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.

Destini Bhd's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.746	/	14.0955
	=	1.05

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.

Destini Bhd's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.0955	/	22.032
	=	0.64

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.

Destini Bhd Days Inventory Related Terms

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

Destini Bhd (XKLS:7212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Destini Bhd (XKLS:7212) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.destinigroup.com

Destini Bhd is engaged in the investment holding and provision of management services. The company operates through two segments. The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels.

Destini Bhd (XKLS:7212) Headlines

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