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Coraza Integrated Technology Bhd (XKLS:0240) Days Inventory : 123.91 (As of Mar. 2024)


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What is Coraza Integrated Technology Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coraza Integrated Technology Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM24.17 Mil. Coraza Integrated Technology Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM17.80 Mil. Hence, Coraza Integrated Technology Bhd's Days Inventory for the three months ended in Mar. 2024 was 123.91.

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

XKLS:0240' s Days Inventory Range Over the Past 10 Years
Min: 65.37   Med: 84.06   Max: 150.83
Current: 150.48

During the past 6 years, Coraza Integrated Technology Bhd's highest Days Inventory was 150.83. The lowest was 65.37. And the median was 84.06.

XKLS:0240's Days Inventory is ranked worse than
62.35% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs XKLS:0240: 150.48

Coraza Integrated Technology Bhd's Days Inventory declined from Mar. 2023 (127.79) to Mar. 2024 (123.91).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coraza Integrated Technology Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Coraza Integrated Technology Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.22.


Coraza Integrated Technology Bhd Days Inventory Historical Data

The historical data trend for Coraza Integrated Technology 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.

Coraza Integrated Technology Bhd Days Inventory Chart

Coraza Integrated Technology Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 81.94 65.37 86.17 96.34 150.83

Coraza Integrated Technology Bhd Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 127.79 151.90 168.26 164.34 123.91

Competitive Comparison of Coraza Integrated Technology Bhd's Days Inventory

For the Metal Fabrication subindustry, Coraza Integrated Technology 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.


Coraza Integrated Technology Bhd's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Coraza Integrated Technology Bhd's Days Inventory falls into.



Coraza Integrated Technology Bhd Days Inventory Calculation

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

Coraza Integrated Technology 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
=( (30.944 + 25.858) / 2 ) / 68.731*365
=28.401 / 68.731*365
=150.83

Coraza Integrated Technology Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (25.858 + 22.485) / 2 ) / 17.801*365 / 4
=24.1715 / 17.801*365 / 4
=123.91

* 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.


Coraza Integrated Technology Bhd  (XKLS:0240) 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.

Coraza Integrated Technology Bhd's Inventory Turnover for the three months ended in Mar. 2024 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.

Coraza Integrated Technology Bhd's Inventory to Revenue for the three months ended in Mar. 2024 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.


Coraza Integrated Technology Bhd Days Inventory Related Terms

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


Coraza Integrated Technology Bhd (XKLS:0240) Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300
Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd (XKLS:0240) Headlines

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