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Bright Packaging Industry Bhd (XKLS:9938) Days Inventory : 67.64 (As of Nov. 2024)


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What is Bright Packaging Industry Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bright Packaging Industry Bhd's Average Total Inventories for the three months ended in Nov. 2024 was RM8.45 Mil. Bright Packaging Industry Bhd's Cost of Goods Sold for the three months ended in Nov. 2024 was RM11.40 Mil. Hence, Bright Packaging Industry Bhd's Days Inventory for the three months ended in Nov. 2024 was 67.64.

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

XKLS:9938' s Days Inventory Range Over the Past 10 Years
Min: 59.76   Med: 86.02   Max: 106.88
Current: 68.73

During the past 13 years, Bright Packaging Industry Bhd's highest Days Inventory was 106.88. The lowest was 59.76. And the median was 86.02.

XKLS:9938's Days Inventory is ranked better than
57.74% of 381 companies
in the Packaging & Containers industry
Industry Median: 76.26 vs XKLS:9938: 68.73

Bright Packaging Industry Bhd's Days Inventory declined from Nov. 2023 (102.34) to Nov. 2024 (67.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bright Packaging Industry Bhd's Inventory Turnover for the three months ended in Nov. 2024 was 1.35.

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. Bright Packaging Industry Bhd's Inventory-to-Revenue for the three months ended in Nov. 2024 was 0.63.


Bright Packaging Industry Bhd Days Inventory Historical Data

The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd Days Inventory Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.51 93.17 106.88 99.05 89.59

Bright Packaging Industry Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 102.34 90.18 56.39 48.30 67.64

Competitive Comparison of Bright Packaging Industry Bhd's Days Inventory

For the Packaging & Containers subindustry, Bright Packaging Industry 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.


Bright Packaging Industry Bhd's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bright Packaging Industry Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bright Packaging Industry Bhd's Days Inventory falls into.


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Bright Packaging Industry Bhd Days Inventory Calculation

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

Bright Packaging Industry Bhd's Days Inventory for the fiscal year that ended in Aug. 2024 is calculated as

Days Inventory (A: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2023 ) + Total Inventories (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (14.246 + 7.335) / 2 ) / 43.96*365
=10.7905 / 43.96*365
=89.59

Bright Packaging Industry Bhd's Days Inventory for the quarter that ended in Nov. 2024 is calculated as:

Days Inventory (Q: Nov. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2024 ) + Total Inventories (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (7.335 + 9.56) / 2 ) / 11.396*365 / 4
=8.4475 / 11.396*365 / 4
=67.64

* 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.


Bright Packaging Industry Bhd  (XKLS:9938) 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.

Bright Packaging Industry Bhd's Inventory Turnover for the three months ended in Nov. 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.

Bright Packaging Industry Bhd's Inventory to Revenue for the three months ended in Nov. 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.


Bright Packaging Industry Bhd Days Inventory Related Terms

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


Bright Packaging Industry Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate within Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionaries, and pharmaceutical industry. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminate to tissue/woodfree/board and inner frame, and also exports to other countries. Geographically the company generates its revenue from Indonesia, Malaysia, Thailand, Korea, Russia, Phillippines.

Bright Packaging Industry Bhd Headlines

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