MYMBN Bhd (XKLS:0280) Days Inventory : 36.14 (As of Dec. 2023)

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What is MYMBN Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MYMBN Bhd's Average Total Inventories for the six months ended in Dec. 2023 was RM6.05 Mil. MYMBN Bhd's Cost of Goods Sold for the six months ended in Dec. 2023 was RM61.11 Mil. Hence, MYMBN Bhd's Days Inventory for the six months ended in Dec. 2023 was 18.07.

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

XKLS:0280' s Days Inventory Range Over the Past 10 Years
Min: 18.89 Med: 29.09 Max: 81.4
Current: 36.14

During the past 5 years, MYMBN Bhd's highest Days Inventory was 81.40. The lowest was 18.89. And the median was 29.09.

XKLS:0280's Days Inventory is ranked better than
86.55% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs XKLS:0280: 36.14

MYMBN Bhd's Days Inventory increased from Dec. 2021 (18.89) to Dec. 2023 (36.14). It might indicate that MYMBN Bhd's sales slowed down.

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. MYMBN Bhd's Inventory Turnover for the six months ended in Dec. 2023 was 10.10.

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. MYMBN Bhd's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.09.

MYMBN Bhd Days Inventory Historical Data

The historical data trend for MYMBN 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.

MYMBN Bhd Days Inventory Chart

MYMBN Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

81.40

26.54

18.89

29.09

36.14

MYMBN Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory	81.40	26.54	18.89	29.09	36.14

Competitive Comparison of MYMBN Bhd's Days Inventory

For the Packaged Foods subindustry, MYMBN 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.

MYMBN Bhd's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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

MYMBN Bhd Days Inventory Calculation

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

MYMBN 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
=	( (4.31	+	7.792)	/	2 )	/	61.113	*	365
=	6.051					/	61.113	*	365
=	36.14

MYMBN 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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.31	+	7.792)	/	2 )	/	61.113	*	365 / 2
=	6.051					/	61.113	*	365 / 2
=	18.07

MYMBN Bhd (XKLS:0280) 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.

MYMBN Bhd's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61.113	/	6.051
	=	10.10

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.

MYMBN Bhd's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.051	/	67.745
	=	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.

MYMBN Bhd Days Inventory Related Terms

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

MYMBN Bhd (XKLS:0280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MYMBN Bhd (XKLS:0280) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Melaka Raya 26, Nos. 17, 19, 21, 23 and 25, Taman Melaka Raya, Melaka, MYS, 75000

Website

https://www.mymbn.com.my

MYMBN Bhd is an investment holding company of MBN Enterprise and MBN International. Through its Subsidiaries, it is principally engaged in the processing and sale of EBN, specifically the RUCEBN. EBNs are processed nests of swiftlets, which are made from strands of swiftlets' saliva.

MYMBN Bhd (XKLS:0280) Headlines

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