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Wasco Bhd (XKLS:5142) Days Inventory : 53.74 (As of Dec. 2023)


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What is Wasco Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wasco Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM216 Mil. Wasco Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM366 Mil. Hence, Wasco Bhd's Days Inventory for the three months ended in Dec. 2023 was 53.74.

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

XKLS:5142' s Days Inventory Range Over the Past 10 Years
Min: 34.62   Med: 45.84   Max: 74.38
Current: 36.16

During the past 13 years, Wasco Bhd's highest Days Inventory was 74.38. The lowest was 34.62. And the median was 45.84.

XKLS:5142's Days Inventory is ranked worse than
54.11% of 730 companies
in the Oil & Gas industry
Industry Median: 31.72 vs XKLS:5142: 36.16

Wasco Bhd's Days Inventory declined from Dec. 2022 (55.79) to Dec. 2023 (53.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wasco Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.70.

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. Wasco Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.


Wasco Bhd Days Inventory Historical Data

The historical data trend for Wasco 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.

Wasco Bhd Days Inventory Chart

Wasco Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.94 68.69 54.09 37.05 34.62

Wasco Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 55.79 37.80 32.23 29.92 53.74

Competitive Comparison of Wasco Bhd's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Wasco 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.


Wasco Bhd's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Days Inventory distribution charts can be found below:

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



Wasco Bhd Days Inventory Calculation

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

Wasco 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
=( (223.395 + 186.324) / 2 ) / 2159.848*365
=204.8595 / 2159.848*365
=34.62

Wasco 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
=( (245.072 + 186.324) / 2 ) / 366.251*365 / 4
=215.698 / 366.251*365 / 4
=53.74

* 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.


Wasco Bhd  (XKLS:5142) 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.

Wasco 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.

Wasco 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.


Wasco Bhd Days Inventory Related Terms

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


Wasco Bhd (XKLS:5142) Business Description

Traded in Other Exchanges
N/A
Address
The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

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