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MGB Bhd (XKLS:7595) Days Inventory : 32.38 (As of Dec. 2024)


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What is MGB Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MGB Bhd's Average Total Inventories for the three months ended in Dec. 2024 was RM77 Mil. MGB Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM218 Mil. Hence, MGB Bhd's Days Inventory for the three months ended in Dec. 2024 was 32.38.

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

XKLS:7595' s Days Inventory Range Over the Past 10 Years
Min: 9.58   Med: 24.74   Max: 51.78
Current: 44.59

During the past 13 years, MGB Bhd's highest Days Inventory was 51.78. The lowest was 9.58. And the median was 24.74.

XKLS:7595's Days Inventory is ranked better than
51.88% of 1459 companies
in the Construction industry
Industry Median: 48.2 vs XKLS:7595: 44.59

MGB Bhd's Days Inventory declined from Dec. 2023 (42.27) to Dec. 2024 (32.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. MGB Bhd's Inventory Turnover for the three months ended in Dec. 2024 was 2.82.

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. MGB Bhd's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.30.


MGB Bhd Days Inventory Historical Data

The historical data trend for MGB 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.

MGB Bhd Days Inventory Chart

MGB Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 28.75 51.78 47.07 43.94

MGB Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 42.27 70.78 49.18 32.95 32.38

Competitive Comparison of MGB Bhd's Days Inventory

For the Engineering & Construction subindustry, MGB 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.


MGB Bhd's Days Inventory Distribution in the Construction Industry

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

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


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MGB Bhd Days Inventory Calculation

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

MGB Bhd's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (131.067 + 75.947) / 2 ) / 859.753*365
=103.507 / 859.753*365
=43.94

MGB Bhd's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (78.431 + 75.947) / 2 ) / 217.524*365 / 4
=77.189 / 217.524*365 / 4
=32.38

* 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.


MGB Bhd  (XKLS:7595) 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.

MGB Bhd's Inventory Turnover for the three months ended in Dec. 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.

MGB Bhd's Inventory to Revenue for the three months ended in Dec. 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.


MGB Bhd Days Inventory Related Terms

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


MGB Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan SS9A/19, Seksyen 51A, H-G, Sunway PJ@51A, Petaling Jaya, SGR, MYS, 47300
MGB Bhd is an investment holding company. The company operates in three segments namely Construction and trading, Property Development, and Others. The majority of the revenue is generated from the Construction and trading segment which is engaged in the design and build, civil engineering, general construction, piling activities, trading of construction materials, and manufacturing of Industrialised Building System (IBS) precast products. The property development segment includes the development of residential and commercial properties. All of its revenue is generated from Malaysia.

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