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Mestron Holdings Bhd (XKLS:0207) Days Inventory : 80.19 (As of Dec. 2023)


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What is Mestron Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mestron Holdings Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM27.1 Mil. Mestron Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM30.8 Mil. Hence, Mestron Holdings Bhd's Days Inventory for the three months ended in Dec. 2023 was 80.19.

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

XKLS:0207' s Days Inventory Range Over the Past 10 Years
Min: 21.15   Med: 78.54   Max: 127.59
Current: 75.61

During the past 9 years, Mestron Holdings Bhd's highest Days Inventory was 127.59. The lowest was 21.15. And the median was 78.54.

XKLS:0207's Days Inventory is ranked better than
75.99% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs XKLS:0207: 75.61

Mestron Holdings Bhd's Days Inventory declined from Dec. 2022 (89.72) to Dec. 2023 (80.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mestron Holdings Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.14.

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. Mestron Holdings Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


Mestron Holdings Bhd Days Inventory Historical Data

The historical data trend for Mestron 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.

Mestron Holdings Bhd Days Inventory Chart

Mestron Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 68.53 120.41 127.59 78.54 81.73

Mestron Holdings 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 89.72 89.42 66.06 65.72 80.19

Competitive Comparison of Mestron Holdings Bhd's Days Inventory

For the Metal Fabrication subindustry, Mestron 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.


Mestron Holdings Bhd's Days Inventory Distribution in the Industrial Products Industry

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

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



Mestron Holdings Bhd Days Inventory Calculation

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

Mestron Holdings 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
=( (21.971 + 29.307) / 2 ) / 114.497*365
=25.639 / 114.497*365
=81.73

Mestron Holdings 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
=( (24.867 + 29.307) / 2 ) / 30.821*365 / 4
=27.087 / 30.821*365 / 4
=80.19

* 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.


Mestron Holdings Bhd  (XKLS:0207) 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.

Mestron Holdings 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.

Mestron Holdings 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.


Mestron Holdings Bhd Days Inventory Related Terms

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


Mestron Holdings Bhd (XKLS:0207) Business Description

Traded in Other Exchanges
N/A
Address
PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120
Mestron Holdings Bhd is engaged in the steel pole business. It offers various pole product such as Standard Street Light Pole, Decorative Street Light Pole, Telecommunication Monopole, High Mast Pole, Camera Pole, Traffic Pole, Mid-Hinge Collapsible Pole, Oil & Gas and Mining Light Poles. The company's segments include Manufacturing that manufactures steel poles comprising standard street lighting poles, decorative light poles and specialty poles; and Trading that trades outdoor lighting products, Renewable energy and Property development . Majority of the revenue is derived from Manufacturing segment.

Mestron Holdings Bhd (XKLS:0207) Headlines

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