Zecon Bhd (XKLS:7028) Days Inventory : 93.45 (As of Mar. 2024)

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What is Zecon Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zecon Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM5.31 Mil. Zecon Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM5.19 Mil. Hence, Zecon Bhd's Days Inventory for the three months ended in Mar. 2024 was 93.45.

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

XKLS:7028' s Days Inventory Range Over the Past 10 Years
Min: 3.43 Med: 7.35 Max: 65.55
Current: 65.55

During the past 13 years, Zecon Bhd's highest Days Inventory was 65.55. The lowest was 3.43. And the median was 7.35.

XKLS:7028's Days Inventory is ranked worse than
57.51% of 1391 companies
in the Construction industry
Industry Median: 48.75 vs XKLS:7028: 65.55

Zecon Bhd's Days Inventory increased from Mar. 2023 (50.12) to Mar. 2024 (93.45). It might indicate that Zecon Bhd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zecon Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.98.

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. Zecon Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.38.

Zecon Bhd Days Inventory Historical Data

The historical data trend for Zecon 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.

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Zecon Bhd Days Inventory Chart

Zecon Bhd Annual Data

Trend

Dec11

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Days Inventory

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5.03

10.69

7.61

51.69

51.84

Zecon Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															50.12	50.17	38.76	1,081.16	93.45

Competitive Comparison of Zecon Bhd's Days Inventory

For the Engineering & Construction subindustry, Zecon 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.

Zecon Bhd's Days Inventory Distribution in the Construction Industry

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

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

Zecon Bhd Days Inventory Calculation

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

Zecon 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
=	( (7.343	+	5.311)	/	2 )	/	44.548	*	365
=	6.327					/	44.548	*	365
=	51.84

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

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5.311	+	5.311)	/	2 )	/	5.186	*	365 / 4
=	5.311					/	5.186	*	365 / 4
=	93.45

Zecon Bhd (XKLS:7028) 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.

Zecon Bhd's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.186	/	5.311
	=	0.98

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.

Zecon Bhd's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.311	/	13.895
	=	0.38

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.

Zecon Bhd Days Inventory Related Terms

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

Zecon Bhd (XKLS:7028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zecon Bhd (XKLS:7028) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Satok, Menara Zecon, Number 92, Lot 393, 8th Floor, Section 5 KTLD, Kuching, SWK, MYS, 93400

Website

https://www.zecon.com.my

Zecon Bhd provides civil engineering and building construction services. The company operates through the following business segments: Construction, Property Development, Service Concession, Property holding and Others. Its Construction segment engages in piling works, foundation engineering, and building construction. The Property Development segment engages in property holding and development. Service Concession segment engages in the construction, operation, and maintenance of the hospital. Its Other segment engages in management services. The firm derives the majority of its revenue from Service concession segment.

Zecon Bhd (XKLS:7028) Headlines

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