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One Glove Group Bhd (XKLS:5079) Days Inventory : 163.47 (As of Dec. 2023)


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What is One Glove Group Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). One Glove Group Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM22.64 Mil. One Glove Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM12.64 Mil. Hence, One Glove Group Bhd's Days Inventory for the three months ended in Dec. 2023 was 163.47.

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

XKLS:5079' s Days Inventory Range Over the Past 10 Years
Min: 28.37   Med: 69.29   Max: 289.85
Current: 289.85

During the past 12 years, One Glove Group Bhd's highest Days Inventory was 289.85. The lowest was 28.37. And the median was 69.29.

XKLS:5079's Days Inventory is ranked worse than
72.72% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.88 vs XKLS:5079: 289.85

One Glove Group Bhd's Days Inventory declined from Jun. 2022 (902.01) to Dec. 2023 (163.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. One Glove Group Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.56.

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. One Glove Group Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.98.


One Glove Group Bhd Days Inventory Historical Data

The historical data trend for One Glove 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.

One Glove Group Bhd Days Inventory Chart

One Glove Group Bhd Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.98 80.27 80.39 44.66 45.08

One Glove Group Bhd Quarterly Data
Sep17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 902.01 391.33 247.00 200.08 163.47

Competitive Comparison of One Glove Group Bhd's Days Inventory

For the Medical Instruments & Supplies subindustry, One Glove 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.


One Glove Group Bhd's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Days Inventory distribution charts can be found below:

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



One Glove Group Bhd Days Inventory Calculation

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

One Glove Group Bhd's Days Inventory for the fiscal year that ended in Jun. 2019 is calculated as

Days Inventory (A: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (2.398 + 6.18) / 2 ) / 34.727*365
=4.289 / 34.727*365
=45.08

One Glove Group 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
=( (27.261 + 18.01) / 2 ) / 12.635*365 / 4
=22.6355 / 12.635*365 / 4
=163.47

* 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.


One Glove Group Bhd  (XKLS:5079) 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.

One Glove Group 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.

One Glove Group 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.


One Glove Group Bhd Days Inventory Related Terms

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


One Glove Group Bhd (XKLS:5079) Business Description

Traded in Other Exchanges
N/A
Address
Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Japan, Germany, Malaysia, Singapore, the United States of America, India, and Others of which it generates the majority of its revenue from Singapore.

One Glove Group Bhd (XKLS:5079) Headlines

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