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Betamek Bhd (XKLS:0263) Days Inventory : 90.64 (As of Dec. 2023)


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What is Betamek Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Betamek Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM49.7 Mil. Betamek Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM50.0 Mil. Hence, Betamek Bhd's Days Inventory for the three months ended in Dec. 2023 was 90.64.

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

XKLS:0263' s Days Inventory Range Over the Past 10 Years
Min: 107.18   Med: 141.36   Max: 159.41
Current: 107.18

During the past 4 years, Betamek Bhd's highest Days Inventory was 159.41. The lowest was 107.18. And the median was 141.36.

XKLS:0263's Days Inventory is ranked worse than
67.2% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs XKLS:0263: 107.18

Betamek Bhd's Days Inventory declined from Dec. 2022 (110.99) to Dec. 2023 (90.64).

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. Betamek Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.01.

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. Betamek Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.84.


Betamek Bhd Days Inventory Historical Data

The historical data trend for Betamek 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.

Betamek Bhd Days Inventory Chart

Betamek Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Days Inventory
150.08 125.70 132.63 159.41

Betamek Bhd Quarterly Data
Mar19 Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.99 111.52 147.25 94.10 90.64

Competitive Comparison of Betamek Bhd's Days Inventory

For the Auto Parts subindustry, Betamek 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.


Betamek Bhd's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Betamek Bhd's Days Inventory distribution charts can be found below:

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



Betamek Bhd Days Inventory Calculation

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

Betamek Bhd's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (38.92 + 55.868) / 2 ) / 108.52*365
=47.394 / 108.52*365
=159.41

Betamek 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
=( (49.316 + 50.081) / 2 ) / 50.032*365 / 4
=49.6985 / 50.032*365 / 4
=90.64

* 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.


Betamek Bhd  (XKLS:0263) 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.

Betamek 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.

Betamek 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.


Betamek Bhd Days Inventory Related Terms

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


Betamek Bhd (XKLS:0263) Business Description

Traded in Other Exchanges
N/A
Address
Taman Industri Integrasi Rawang, Lingkaran Taman Industri Integrasi Rawang 2, Lot 137, Rawang, SGR, MYS, 48000
Betamek Bhd is actively involved in automotive electronics product design and manufacturing, working closely with customers in Malaysia, Japan, and Indonesia. It offers products such as CD changers, car clocks, air purifiers, switches, lighter/power sockets, roof-mounted monitors, speakers, USB chargers, digital air-conditioning controllers, and other electronic accessories. The company operates in three segments Vehicle audio and visual products, Vehicle accessories, and Investment holding and the majority of revenue generates from Vehicle audio and visual products.

Betamek Bhd (XKLS:0263) Headlines

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