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EA Technique (M) Bhd (XKLS:5259) Days Inventory : 0.52 (As of Mar. 2024)


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What is EA Technique (M) Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EA Technique (M) Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM0.1 Mil. EA Technique (M) Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM17.3 Mil. Hence, EA Technique (M) Bhd's Days Inventory for the three months ended in Mar. 2024 was 0.52.

The historical rank and industry rank for EA Technique (M) Bhd's Days Inventory or its related term are showing as below:

XKLS:5259' s Days Inventory Range Over the Past 10 Years
Min: 0.27   Med: 0.46   Max: 2.43
Current: 0.46

During the past 11 years, EA Technique (M) Bhd's highest Days Inventory was 2.43. The lowest was 0.27. And the median was 0.46.

XKLS:5259's Days Inventory is ranked better than
96.26% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs XKLS:5259: 0.46

EA Technique (M) Bhd's Days Inventory declined from Mar. 2023 (2.11) to Mar. 2024 (0.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. EA Technique (M) Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 174.33.

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. EA Technique (M) Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


EA Technique (M) Bhd Days Inventory Historical Data

The historical data trend for EA Technique (M) 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.

EA Technique (M) Bhd Days Inventory Chart

EA Technique (M) 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 0.49 0.27 0.42 1.63 2.43

EA Technique (M) Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.11 0.45 0.41 0.47 0.52

Competitive Comparison of EA Technique (M) Bhd's Days Inventory

For the Marine Shipping subindustry, EA Technique (M) 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.


EA Technique (M) Bhd's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EA Technique (M) Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where EA Technique (M) Bhd's Days Inventory falls into.



EA Technique (M) Bhd Days Inventory Calculation

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

EA Technique (M) 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
=( (1.042 + 0.099) / 2 ) / 85.559*365
=0.5705 / 85.559*365
=2.43

EA Technique (M) Bhd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.099 + 0.099) / 2 ) / 17.259*365 / 4
=0.099 / 17.259*365 / 4
=0.52

* 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.


EA Technique (M) Bhd  (XKLS:5259) 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.

EA Technique (M) Bhd's Inventory Turnover for the three months ended in Mar. 2024 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.

EA Technique (M) Bhd's Inventory to Revenue for the three months ended in Mar. 2024 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.


EA Technique (M) Bhd Days Inventory Related Terms

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


EA Technique (M) Bhd (XKLS:5259) Business Description

Traded in Other Exchanges
N/A
Address
No.2 Jalan Setiawangsa 11, Setiawangsa Business Suites, Unit C-3A-3A, Taman Setiawangsa, Kuala Lumpur, MYS, 54200
EA Technique (M) Bhd is engaged in the business of marine transportation and offshore storage of oil & gas and provision of port marine services. The company is an owner and operator of marine vessels. The company is involved in the charter of various types of tankers for the transportation and offshore storage of oil & gas, the charter of marine support vessels for the provision of port marine services and charter of Offshore Support Vessels in the form of fast crew boats to transport personnel/light cargoes between shore and platform, platform and platform and other offshore facilities. The company has sole operating segment which is Charter hire segment. The group primarily operates in Malaysia.

EA Technique (M) Bhd (XKLS:5259) Headlines

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