Comfort Gloves Bhd (XKLS:2127) Days Inventory : 95.73 (As of Sep. 2023)

Comfort Gloves Bhd Days Inventory Chart

Comfort Gloves Bhd Annual Data
	Trend	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Dec22
Days Inventory		Get a 7-Day Free Trial					42.12	53.82	60.48	62.50	67.18

Comfort Gloves Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															96.73	84.37	75.97	75.84	95.73

Competitive Comparison of Comfort Gloves Bhd's Days Inventory

For the Medical Instruments & Supplies subindustry, Comfort Gloves 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.

Comfort Gloves Bhd's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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

Comfort Gloves Bhd Days Inventory Calculation

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

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

Comfort Gloves Bhd's Days Inventory for the quarter that ended in Sep. 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.

Comfort Gloves Bhd  (XKLS:2127) 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.

Comfort Gloves Bhd's Inventory Turnover for the three months ended in Sep. 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.

Comfort Gloves Bhd's Inventory to Revenue for the three months ended in Sep. 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.

Comfort Gloves Bhd Days Inventory Related Terms

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

Comfort Gloves Bhd (XKLS:2127) Business Description