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Baba Eco Group Bhd (XKLS:03012) Days Inventory : 91.87 (As of Oct. 2023)


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What is Baba Eco Group Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Baba Eco Group Bhd's Average Total Inventories for the six months ended in Oct. 2023 was RM4.90 Mil. Baba Eco Group Bhd's Cost of Goods Sold for the six months ended in Oct. 2023 was RM9.74 Mil. Hence, Baba Eco Group Bhd's Days Inventory for the six months ended in Oct. 2023 was 91.87.

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

XKLS:03012' s Days Inventory Range Over the Past 10 Years
Min: 65.09   Med: 74.07   Max: 107.13
Current: 107.13

During the past 9 years, Baba Eco Group Bhd's highest Days Inventory was 107.13. The lowest was 65.09. And the median was 74.07.

XKLS:03012's Days Inventory is not ranked
in the Retail - Cyclical industry.
Industry Median: 110.7 vs XKLS:03012: 107.13

Baba Eco Group Bhd's Days Inventory declined from Oct. 2022 (119.45) to Oct. 2023 (91.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Baba Eco Group Bhd's Inventory Turnover for the six months ended in Oct. 2023 was 1.99.

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. Baba Eco Group Bhd's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.29.


Baba Eco Group Bhd Days Inventory Historical Data

The historical data trend for Baba Eco Group 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.

Baba Eco Group Bhd Days Inventory Chart

Baba Eco Group Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 75.90 73.94 65.09 95.70 105.58

Baba Eco Group Bhd Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 73.49 103.49 119.45 125.26 91.87

Competitive Comparison of Baba Eco Group Bhd's Days Inventory

For the Home Improvement Retail subindustry, Baba Eco Group 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.


Baba Eco Group Bhd's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baba Eco Group Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Baba Eco Group Bhd's Days Inventory falls into.



Baba Eco Group Bhd Days Inventory Calculation

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

Baba Eco Group Bhd's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (6.698 + 4.145) / 2 ) / 18.743*365
=5.4215 / 18.743*365
=105.58

Baba Eco Group Bhd's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (5.661 + 4.145) / 2 ) / 9.74*365 / 2
=4.903 / 9.74*365 / 2
=91.87

* 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.


Baba Eco Group Bhd  (XKLS:03012) 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.

Baba Eco Group Bhd's Inventory Turnover for the six months ended in Oct. 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.

Baba Eco Group Bhd's Inventory to Revenue for the six months ended in Oct. 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.


Baba Eco Group Bhd Days Inventory Related Terms

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


Baba Eco Group Bhd (XKLS:03012) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120
Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

Baba Eco Group Bhd (XKLS:03012) Headlines

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