Priceworth International Bhd (XKLS:7123) Days Inventory : 365.08 (As of Sep. 2023)

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What is Priceworth International Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Priceworth International Bhd's Average Total Inventories for the three months ended in Sep. 2023 was RM55.12 Mil. Priceworth International Bhd's Cost of Goods Sold for the three months ended in Sep. 2023 was RM13.78 Mil. Hence, Priceworth International Bhd's Days Inventory for the three months ended in Sep. 2023 was 365.08.

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

XKLS:7123' s Days Inventory Range Over the Past 10 Years
Min: 76.32 Med: 104 Max: 367.39
Current: 367.39

During the past 13 years, Priceworth International Bhd's highest Days Inventory was 367.39. The lowest was 76.32. And the median was 104.00.

XKLS:7123's Days Inventory is ranked worse than
93.86% of 277 companies
in the Forest Products industry
Industry Median: 89.82 vs XKLS:7123: 367.39

Priceworth International Bhd's Days Inventory increased from Sep. 2022 (151.49) to Sep. 2023 (365.08). It might indicate that Priceworth International 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. Priceworth International Bhd's Inventory Turnover for the three months ended in Sep. 2023 was 0.25.

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. Priceworth International Bhd's Inventory-to-Revenue for the three months ended in Sep. 2023 was 5.23.

Priceworth International Bhd Days Inventory Historical Data

The historical data trend for Priceworth International 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.

Priceworth International Bhd Days Inventory Chart

Priceworth International Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Days Inventory

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114.29

114.38

158.78

76.32

108.30

Priceworth International Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															151.49	226.01	535.62	556.17	365.08

Competitive Comparison of Priceworth International Bhd's Days Inventory

For the Lumber & Wood Production subindustry, Priceworth International 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.

Priceworth International Bhd's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Priceworth International Bhd's Days Inventory distribution charts can be found below:

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

Priceworth International Bhd Days Inventory Calculation

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

Priceworth International Bhd's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2020 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (7.381	+	57.339)	/	2 )	/	109.057	*	365
=	32.36					/	109.057	*	365
=	108.30

Priceworth International Bhd's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (57.811	+	52.42)	/	2 )	/	13.776	*	365 / 4
=	55.1155					/	13.776	*	365 / 4
=	365.08

Priceworth International Bhd (XKLS:7123) 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.

Priceworth International Bhd's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.776	/	55.1155
	=	0.25

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.

Priceworth International Bhd's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.1155	/	10.539
	=	5.23

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.

Priceworth International Bhd Days Inventory Related Terms

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

Priceworth International Bhd (XKLS:7123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Priceworth International Bhd (XKLS:7123) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 5, Jalan Utara, 1st Floor, Block Number 4, P.O. Box 2848,, Bandar Indah, Mile 4, Sandakan, SBH, MYS, 90732

Website

http://www.pwibhmalaysia.com.my

Priceworth International Bhd is Malaysian timber and wood-based products industry. The company's Segments are the logging segment involved in the extraction, the sale of logs, and tree planting, the manufacturing segment is in the business of manufacturing and sale of plywood, raw and laminated particleboard, veneer, sawn timber, bare core board, finger joints, molded timber, wooden doors and window frames, and fire doors, the shipyard segment is involved in the provision of marine services, including repair and maintenance of tugboats and barges amongst others; and the other segment is involved in investment holding and the provision of hiring services. The majority of its revenue is derived from Japan from plywood export.

Priceworth International Bhd (XKLS:7123) Headlines

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