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Careplus Group Bhd (XKLS:0163) Days Inventory : 47.55 (As of Dec. 2023)


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What is Careplus Group Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Careplus Group Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM13.65 Mil. Careplus Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM26.20 Mil. Hence, Careplus Group Bhd's Days Inventory for the three months ended in Dec. 2023 was 47.55.

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

XKLS:0163' s Days Inventory Range Over the Past 10 Years
Min: 39.53   Med: 47.03   Max: 54
Current: 43.75

During the past 10 years, Careplus Group Bhd's highest Days Inventory was 54.00. The lowest was 39.53. And the median was 47.03.

XKLS:0163's Days Inventory is ranked better than
95.23% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 187.12 vs XKLS:0163: 43.75

Careplus Group Bhd's Days Inventory declined from Sep. 2022 (50.04) to Dec. 2023 (47.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Careplus Group Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.92.

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. Careplus Group Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.64.


Careplus Group Bhd Days Inventory Historical Data

The historical data trend for Careplus Group 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.

Careplus Group Bhd Days Inventory Chart

Careplus Group Bhd Annual Data
Trend Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.45 42.86 45.60 44.63 53.28

Careplus Group Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
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 50.04 47.21 53.39 51.79 47.55

Competitive Comparison of Careplus Group Bhd's Days Inventory

For the Medical Instruments & Supplies subindustry, Careplus Group 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.


Careplus Group Bhd's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Careplus Group Bhd's Days Inventory distribution charts can be found below:

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



Careplus Group Bhd Days Inventory Calculation

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

Careplus Group Bhd's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (45.439 + 53.845) / 2 ) / 340.076*365
=49.642 / 340.076*365
=53.28

Careplus Group 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
=( (11.808 + 15.5) / 2 ) / 26.201*365 / 4
=13.654 / 26.201*365 / 4
=47.55

* 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.


Careplus Group Bhd  (XKLS:0163) 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.

Careplus Group Bhd's Inventory Turnover for the three months ended in Dec. 2023 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.

Careplus Group Bhd's Inventory to Revenue for the three months ended in Dec. 2023 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.


Careplus Group Bhd Days Inventory Related Terms

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


Careplus Group Bhd (XKLS:0163) Business Description

Traded in Other Exchanges
N/A
Address
Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450
Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

Careplus Group Bhd (XKLS:0163) Headlines

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