Mpire Global Bhd (XKLS:7943) Days Inventory : 1,197.25 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Mpire Global Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mpire Global Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM67.89 Mil. Mpire Global Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM5.17 Mil. Hence, Mpire Global Bhd's Days Inventory for the three months ended in Dec. 2023 was 1,197.25.

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

XKLS:7943' s Days Inventory Range Over the Past 10 Years
Min: 17.4 Med: 48.41 Max: 732.85
Current: 648.52

During the past 13 years, Mpire Global Bhd's highest Days Inventory was 732.85. The lowest was 17.40. And the median was 48.41.

XKLS:7943's Days Inventory is ranked worse than
96.49% of 1396 companies
in the Construction industry
Industry Median: 48.6 vs XKLS:7943: 648.52

Mpire Global Bhd's Days Inventory increased from Dec. 2022 (145.47) to Dec. 2023 (1,197.25). It might indicate that Mpire Global 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. Mpire Global Bhd's Inventory Turnover for the three months ended in Dec. 2023 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. Mpire Global Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 11.46.

Mpire Global Bhd Days Inventory Historical Data

The historical data trend for Mpire 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.

Mpire Global Bhd Days Inventory Chart

Mpire Global Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

44.14

18.43

17.40

52.67

732.85

Mpire Global 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															145.47	137.61	176.96	772.19	1,197.25

Competitive Comparison of Mpire Global Bhd's Days Inventory

For the Engineering & Construction subindustry, Mpire 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.

Mpire Global Bhd's Days Inventory Distribution in the Construction Industry

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

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

Mpire Global Bhd Days Inventory Calculation

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

Mpire 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
=	( (5.1	+	66.735)	/	2 )	/	17.889	*	365
=	35.9175					/	17.889	*	365
=	732.85

Mpire Global 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
=	( (69.036	+	66.735)	/	2 )	/	5.174	*	365 / 4
=	67.8855					/	5.174	*	365 / 4
=	1,197.25

Mpire Global Bhd (XKLS:7943) 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.

Mpire Global Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.174	/	67.8855
	=	0.08

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.

Mpire Global Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	67.8855	/	5.925
	=	11.46

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.

Mpire Global Bhd Days Inventory Related Terms

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

Mpire Global Bhd (XKLS:7943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mpire Global Bhd (XKLS:7943) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue 5, The Horizon Phase 2, Ground Floor Office 1, Tower 8, Bangsar South City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.sncbhd.com.my

Mpire Global Bhd formerly Sand Nisko Capital Bhd is an investment holding company which is engaged in the provision of management services. The company operates in the segments of Manufacturing and trading of furniture, Rental income, and Construction. It derives majority of revenue from Construction segment which is engaged in Building construction and engineering works. The group has business operations in Malaysia and other countries, of which key revenue is generated from the Malaysia.

Mpire Global Bhd (XKLS:7943) Headlines

No Headlines