Skygate Solutions Bhd (XKLS:7249) Days Inventory : 758.98 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Skygate Solutions Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Skygate Solutions Bhd's Average Total Inventories for the three months ended in Sep. 2024 was RM80.56 Mil. Skygate Solutions Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM9.69 Mil. Hence, Skygate Solutions Bhd's Days Inventory for the three months ended in Sep. 2024 was 758.98.

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

XKLS:7249' s Days Inventory Range Over the Past 10 Years
Min: 36.91 Med: 508.55 Max: 1316.49
Current: 814.14

During the past 13 years, Skygate Solutions Bhd's highest Days Inventory was 1316.49. The lowest was 36.91. And the median was 508.55.

XKLS:7249's Days Inventory is ranked worse than
55.23% of 1311 companies
in the Real Estate industry
Industry Median: 688.25 vs XKLS:7249: 814.14

Skygate Solutions Bhd's Days Inventory declined from Sep. 2023 (1,221.66) to Sep. 2024 (758.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Skygate Solutions Bhd's Inventory Turnover for the three months ended in Sep. 2024 was 0.12.

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. Skygate Solutions Bhd's Inventory-to-Revenue for the three months ended in Sep. 2024 was 4.68.

Skygate Solutions Bhd Days Inventory Historical Data

The historical data trend for Skygate Solutions 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.

Skygate Solutions Bhd Days Inventory Chart

Skygate Solutions Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

275.43

338.22

595.63

1,180.76

1,316.49

Skygate Solutions 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															1,221.66	834.51	779.41	880.85	758.98

Competitive Comparison of Skygate Solutions Bhd's Days Inventory

For the Real Estate - Development subindustry, Skygate Solutions 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.

Skygate Solutions Bhd's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Skygate Solutions Bhd's Days Inventory distribution charts can be found below:

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

Skygate Solutions Bhd Days Inventory Calculation

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

Skygate Solutions Bhd's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (103.92	+	92.067)	/	2 )	/	27.169	*	365
=	97.9935					/	27.169	*	365
=	1,316.49

Skygate Solutions 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
=	( (81.496	+	79.615)	/	2 )	/	9.685	*	365 / 4
=	80.5555					/	9.685	*	365 / 4
=	758.98

Skygate Solutions Bhd (XKLS:7249) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.685	/	80.5555
	=	0.12

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	80.5555	/	17.208
	=	4.68

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.

Skygate Solutions Bhd Days Inventory Related Terms

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

Skygate Solutions Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Skygate Solutions Bhd (XKLS:7249) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 1, Lebuh Tunku Kudin 3, Suite 1-01-02 Menara IJM Land, Gelugor, PNG, MYS, 11700

Website

https://www.eweinberhad.com

Skygate Solutions Bhd formerly Ewein Bhd is a Malaysia-based metal fabrication company. It operates through four business segments. The manufacturing segment involves the manufacturing of precision sheet metal fabricated parts and the design and fabrication of moulds, tools, and dies. The property development and construction segment comprises the development of residential properties and trading in construction materials. Property Management offers to let and manage an office building, factory building, heritage, and cultural property. The investment holding segment manages investment holding activities. Geographically, it has operations in Malaysia, China, Indonesia, USA, Japan, Europe, and other countries. Maximum revenue is generated from the Property management segment in Malaysia.

Skygate Solutions Bhd Headlines

No Headlines