Cabnet Holdings Bhd (XKLS:0191) Days Inventory : 3.82 (As of Nov. 2023)

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What is Cabnet Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cabnet Holdings Bhd's Average Total Inventories for the three months ended in Nov. 2023 was RM2.3 Mil. Cabnet Holdings Bhd's Cost of Goods Sold for the three months ended in Nov. 2023 was RM55.2 Mil. Hence, Cabnet Holdings Bhd's Days Inventory for the three months ended in Nov. 2023 was 3.82.

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

XKLS:0191' s Days Inventory Range Over the Past 10 Years
Min: 6.38 Med: 25.34 Max: 33.93
Current: 6.38

During the past 7 years, Cabnet Holdings Bhd's highest Days Inventory was 33.93. The lowest was 6.38. And the median was 25.34.

XKLS:0191's Days Inventory is ranked better than
83.43% of 1394 companies
in the Construction industry
Industry Median: 48.8 vs XKLS:0191: 6.38

Cabnet Holdings Bhd's Days Inventory declined from Jun. 2022 (19.35) to Nov. 2023 (3.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cabnet Holdings Bhd's Inventory Turnover for the three months ended in Nov. 2023 was 23.92.

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. Cabnet Holdings Bhd's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.04.

Cabnet Holdings Bhd Days Inventory Historical Data

The historical data trend for Cabnet Holdings 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.

Cabnet Holdings Bhd Days Inventory Chart

Cabnet Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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25.34

33.93

28.52

13.20

21.38

Cabnet Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															19.35	25.30	12.40	3.65	3.82

Competitive Comparison of Cabnet Holdings Bhd's Days Inventory

For the Engineering & Construction subindustry, Cabnet Holdings 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.

Cabnet Holdings Bhd's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Cabnet Holdings Bhd's Days Inventory falls into.

Cabnet Holdings Bhd Days Inventory Calculation

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

Cabnet Holdings 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
=	( (2.491	+	1.926)	/	2 )	/	37.696	*	365
=	2.2085					/	37.696	*	365
=	21.38

Cabnet Holdings Bhd's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (1.919	+	2.699)	/	2 )	/	55.221	*	365 / 4
=	2.309					/	55.221	*	365 / 4
=	3.82

Cabnet Holdings Bhd (XKLS:0191) 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.

Cabnet Holdings Bhd's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.221	/	2.309
	=	23.92

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.

Cabnet Holdings Bhd's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.309	/	61.204
	=	0.04

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.

Cabnet Holdings Bhd Days Inventory Related Terms

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

Cabnet Holdings Bhd (XKLS:0191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cabnet Holdings Bhd (XKLS:0191) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100

Website

https://www.cabnet.asia

Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. In ELV Systems, it includes Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

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