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Asia Brands Bhd (XKLS:7722) Days Inventory : 296.58 (As of Dec. 2023)


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What is Asia Brands Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Brands Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM75.3 Mil. Asia Brands Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM23.2 Mil. Hence, Asia Brands Bhd's Days Inventory for the three months ended in Dec. 2023 was 296.58.

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

XKLS:7722' s Days Inventory Range Over the Past 10 Years
Min: 242.47   Med: 305.53   Max: 615.65
Current: 330.91

During the past 13 years, Asia Brands Bhd's highest Days Inventory was 615.65. The lowest was 242.47. And the median was 305.53.

XKLS:7722's Days Inventory is ranked worse than
89.73% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.96 vs XKLS:7722: 330.91

Asia Brands Bhd's Days Inventory increased from Dec. 2022 (288.92) to Dec. 2023 (296.58). It might indicate that Asia Brands Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Brands Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.31.

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. Asia Brands Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.46.


Asia Brands Bhd Days Inventory Historical Data

The historical data trend for Asia Brands 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.

Asia Brands Bhd Days Inventory Chart

Asia Brands Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.47 275.46 297.24 302.62 308.43

Asia Brands 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 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 288.92 353.51 331.44 364.70 296.58

Competitive Comparison of Asia Brands Bhd's Days Inventory

For the Apparel Retail subindustry, Asia Brands 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.


Asia Brands Bhd's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Brands Bhd's Days Inventory distribution charts can be found below:

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



Asia Brands Bhd Days Inventory Calculation

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

Asia Brands 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
=( (53.398 + 74.513) / 2 ) / 75.686*365
=63.9555 / 75.686*365
=308.43

Asia Brands 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
=( (75.355 + 75.196) / 2 ) / 23.16*365 / 4
=75.2755 / 23.16*365 / 4
=296.58

* 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.


Asia Brands Bhd  (XKLS:7722) 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.

Asia Brands Bhd's Inventory Turnover for the three months ended in Dec. 2023 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.

Asia Brands Bhd's Inventory to Revenue for the three months ended in Dec. 2023 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.


Asia Brands Bhd Days Inventory Related Terms

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


Asia Brands Bhd (XKLS:7722) Business Description

Traded in Other Exchanges
N/A
Address
Lot 10449, Jalan Nenas, Batu 4.5, Kampung Jawa, Klang, SGR, MYS, 41000
Asia Brands Bhd is an investment holding company. The company is engaged in the wholesale, retail, and distribution of ready-made casual wear, baby and children wear, lingerie and ladies' wear, and their related accessories. Geographically, it operates and derives revenue from Malaysia. It has two divisions namely Baby Products and Lingerie Products. It earns maximum revenue from Baby Products Division. Its Brands are Anakku, Disney Baby, First Care, Mini Care, and Hello Kitty.

Asia Brands Bhd (XKLS:7722) Headlines

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