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Three-A Resources Bhd (XKLS:0012) Days Inventory : 63.23 (As of Dec. 2023)


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What is Three-A Resources Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Three-A Resources Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM82.6 Mil. Three-A Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM119.2 Mil. Hence, Three-A Resources Bhd's Days Inventory for the three months ended in Dec. 2023 was 63.23.

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

XKLS:0012' s Days Inventory Range Over the Past 10 Years
Min: 51.96   Med: 64.63   Max: 72.37
Current: 66.56

During the past 13 years, Three-A Resources Bhd's highest Days Inventory was 72.37. The lowest was 51.96. And the median was 64.63.

XKLS:0012's Days Inventory is ranked better than
61.18% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs XKLS:0012: 66.56

Three-A Resources Bhd's Days Inventory declined from Dec. 2022 (67.94) to Dec. 2023 (63.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Three-A Resources Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.44.

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. Three-A Resources Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.55.


Three-A Resources Bhd Days Inventory Historical Data

The historical data trend for Three-A Resources 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.

Three-A Resources Bhd Days Inventory Chart

Three-A Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.81 63.45 57.56 51.96 67.12

Three-A Resources 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 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 67.94 66.05 68.90 67.37 63.23

Competitive Comparison of Three-A Resources Bhd's Days Inventory

For the Packaged Foods subindustry, Three-A Resources 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.


Three-A Resources Bhd's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three-A Resources Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Three-A Resources Bhd's Days Inventory falls into.



Three-A Resources Bhd Days Inventory Calculation

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

Three-A Resources 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
=( (105.412 + 79.964) / 2 ) / 504.019*365
=92.688 / 504.019*365
=67.12

Three-A Resources 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
=( (85.258 + 79.964) / 2 ) / 119.211*365 / 4
=82.611 / 119.211*365 / 4
=63.23

* 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.


Three-A Resources Bhd  (XKLS:0012) 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.

Three-A Resources 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.

Three-A Resources 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.


Three-A Resources Bhd Days Inventory Related Terms

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


Three-A Resources Bhd (XKLS:0012) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Industri, U19, AI 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160
Three-A Resources Bhd is a food and beverage manufacturer. The activities of the company are involved in manufacturing and sale of food and beverages ingredients and investment holding. The company manufactures and trades in Liquid Caramel, Natural Fermented Vinegar, Distilled Vinegar, Glucose Syrup, Vinegar, High Maltose Syrup, Soya Protein Sauce, Hydrolyzed Vegetable Protein Powder, Caramel Powder, Soya Sauce Powder, and Maltodextrin. The majority of the revenue is collected from Malaysia with Singapore and others following.

Three-A Resources Bhd (XKLS:0012) Headlines

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