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Sern Kou Resources Bhd (XKLS:7180) Days Inventory : 22.95 (As of Mar. 2024)


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What is Sern Kou Resources Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sern Kou Resources Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM25.8 Mil. Sern Kou Resources Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM102.6 Mil. Hence, Sern Kou Resources Bhd's Days Inventory for the three months ended in Mar. 2024 was 22.95.

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

XKLS:7180' s Days Inventory Range Over the Past 10 Years
Min: 21.35   Med: 32.67   Max: 56.75
Current: 21.35

During the past 13 years, Sern Kou Resources Bhd's highest Days Inventory was 56.75. The lowest was 21.35. And the median was 32.67.

XKLS:7180's Days Inventory is ranked better than
95.65% of 276 companies
in the Forest Products industry
Industry Median: 89.24 vs XKLS:7180: 21.35

Sern Kou Resources Bhd's Days Inventory increased from Mar. 2023 (21.98) to Mar. 2024 (22.95). It might indicate that Sern Kou Resources Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sern Kou Resources Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 3.98.

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. Sern Kou Resources Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.25.


Sern Kou Resources Bhd Days Inventory Historical Data

The historical data trend for Sern Kou Resources 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.

Sern Kou Resources Bhd Days Inventory Chart

Sern Kou Resources Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.32 29.38 27.07 32.23 30.00

Sern Kou Resources 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 21.98 22.75 20.47 21.01 22.95

Competitive Comparison of Sern Kou Resources Bhd's Days Inventory

For the Lumber & Wood Production subindustry, Sern Kou Resources 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.


Sern Kou Resources Bhd's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sern Kou Resources Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sern Kou Resources Bhd's Days Inventory falls into.



Sern Kou Resources Bhd Days Inventory Calculation

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

Sern Kou Resources Bhd's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (30.619 + 28.805) / 2 ) / 361.542*365
=29.712 / 361.542*365
=30.00

Sern Kou Resources 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
=( (21.689 + 29.931) / 2 ) / 102.62*365 / 4
=25.81 / 102.62*365 / 4
=22.95

* 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.


Sern Kou Resources Bhd  (XKLS:7180) 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.

Sern Kou Resources 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.

Sern Kou Resources 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.


Sern Kou Resources Bhd Days Inventory Related Terms

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


Sern Kou Resources Bhd (XKLS:7180) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perindustrian 1, Lot PTD 6019 (Lot 8804), Kawasan Perindustrian Bukit Bakri, Mukim Bakri, Muar, JHR, MYS, 84200
Sern Kou Resources Bhd along with its subsidiaries is engaged in manufacturing, processing and trading all kinds of timber, wood and related products, and logging, processing and trading of rubberwood and timber. The company's reportable segments include, Manufacturing and trading of wooden furniture, Investment holding and processing and trading of wood. Substantial revenue for the company is generated from it processing and trading of woods segment. The company has presence in different geographical areas which include, Malaysia, United States of America and European countries, Asia-Pacific countries and others.

Sern Kou Resources Bhd (XKLS:7180) Headlines

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