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Thriven Global Bhd (XKLS:7889) Days Inventory : 1,199.33 (As of Jun. 2024)


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What is Thriven Global Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thriven Global Bhd's Average Total Inventories for the three months ended in Jun. 2024 was RM52.21 Mil. Thriven Global Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM3.97 Mil. Hence, Thriven Global Bhd's Days Inventory for the three months ended in Jun. 2024 was 1,199.33.

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

XKLS:7889' s Days Inventory Range Over the Past 10 Years
Min: 382.52   Med: 991.26   Max: 3489.11
Current: 612.58

During the past 13 years, Thriven Global Bhd's highest Days Inventory was 3489.11. The lowest was 382.52. And the median was 991.26.

XKLS:7889's Days Inventory is ranked better than
53.35% of 1342 companies
in the Real Estate industry
Industry Median: 695.655 vs XKLS:7889: 612.58

Thriven Global Bhd's Days Inventory increased from Jun. 2023 (187.53) to Jun. 2024 (1,199.33). It might indicate that Thriven Global Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thriven Global Bhd's Inventory Turnover for the three months ended in Jun. 2024 was 0.08.

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. Thriven Global Bhd's Inventory-to-Revenue for the three months ended in Jun. 2024 was 9.79.


Thriven Global Bhd Days Inventory Historical Data

The historical data trend for Thriven Global 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.

Thriven Global Bhd Days Inventory Chart

Thriven Global Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 436.70 611.10 945.17 1,037.34 382.52

Thriven Global Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 187.53 305.84 813.49 639.47 1,199.33

Competitive Comparison of Thriven Global Bhd's Days Inventory

For the Real Estate - Diversified subindustry, Thriven Global 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.


Thriven Global Bhd's Days Inventory Distribution in the Real Estate Industry

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

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



Thriven Global Bhd Days Inventory Calculation

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

Thriven Global 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
=( (116.405 + 54.307) / 2 ) / 81.446*365
=85.356 / 81.446*365
=382.52

Thriven Global Bhd's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (52.269 + 52.142) / 2 ) / 3.972*365 / 4
=52.2055 / 3.972*365 / 4
=1,199.33

* 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.


Thriven Global Bhd  (XKLS:7889) 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.

Thriven Global Bhd's Inventory Turnover for the three months ended in Jun. 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.

Thriven Global Bhd's Inventory to Revenue for the three months ended in Jun. 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.


Thriven Global Bhd Days Inventory Related Terms

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


Thriven Global Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Persiaran Tropicana, PJU 3, PS1-08, Lumi Tropicana, Petaling Jaya, SGR, MYS, 47410
Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through segments are, Property Development which is engaged in the development of residential and commercial properties. Property Investment segment is engaged in the management and leasing of properties and Investment segment, Food and beverages and investment holding activities from these the firm generates the majority of its revenue from the Property development segment. The group operates only in Malaysia.

Thriven Global Bhd Headlines

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