PT Resources Holdings Bhd (XKLS:0260) Days Inventory : 9.65 (As of Jan. 2024)

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What is PT Resources Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Resources Holdings Bhd's Average Total Inventories for the three months ended in Jan. 2024 was RM15.0 Mil. PT Resources Holdings Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM141.7 Mil. Hence, PT Resources Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 was 9.65.

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

XKLS:0260' s Days Inventory Range Over the Past 10 Years
Min: 7.48 Med: 14.48 Max: 23.09
Current: 7.48

During the past 5 years, PT Resources Holdings Bhd's highest Days Inventory was 23.09. The lowest was 7.48. And the median was 14.48.

XKLS:0260's Days Inventory is ranked better than
98.66% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs XKLS:0260: 7.48

PT Resources Holdings Bhd's Days Inventory increased from Jan. 2023 (4.70) to Jan. 2024 (9.65). It might indicate that PT Resources Holdings Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Resources Holdings Bhd's Inventory Turnover for the three months ended in Jan. 2024 was 9.46.

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. PT Resources Holdings Bhd's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.09.

PT Resources Holdings Bhd Days Inventory Historical Data

The historical data trend for PT Resources 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.

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PT Resources Holdings Bhd Days Inventory Chart

PT Resources Holdings Bhd Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

23.09

14.48

15.32

11.63

7.98

PT Resources Holdings Bhd Quarterly Data
	Apr19	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial								4.70	4.53	5.41	12.60	9.65

Competitive Comparison of PT Resources Holdings Bhd's Days Inventory

For the Packaged Foods subindustry, PT Resources 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.

PT Resources Holdings Bhd's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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

PT Resources Holdings Bhd Days Inventory Calculation

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

PT Resources Holdings Bhd's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (11.623	+	7.606)	/	2 )	/	439.531	*	365
=	9.6145					/	439.531	*	365
=	7.98

PT Resources Holdings Bhd's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (18.593	+	11.368)	/	2 )	/	141.684	*	365 / 4
=	14.9805					/	141.684	*	365 / 4
=	9.65

PT Resources Holdings Bhd (XKLS:0260) 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.

PT Resources Holdings Bhd's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	141.684	/	14.9805
	=	9.46

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.

PT Resources Holdings Bhd's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.9805	/	165.038
	=	0.09

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.

PT Resources Holdings Bhd Days Inventory Related Terms

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PT Resources Holdings Bhd (XKLS:0260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Resources Holdings Bhd (XKLS:0260) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pengaturcara U1/51A, Unit K3-5-12, Tower 3, UOA Business Park, Section U1 Kawasan Perindustrian Temasya, Darul Eh, Shah Alam, SGR, MYS, 40150

Website

https://www.ptresourcesgroup.com.my

PT Resources Holdings Bhd is principally involved in the processing and trading of frozen seafood products as well as retail trading of meat and non-meat products. It operates in two segments namely processing and trading of frozen seafood products which generates maximum revenue for the company and another segment is Trading of other products.

PT Resources Holdings Bhd (XKLS:0260) Headlines

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