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Rapid Synergy Bhd (XKLS:7765) Days Inventory : 51.73 (As of Mar. 2024)


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What is Rapid Synergy Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rapid Synergy Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM1.20 Mil. Rapid Synergy Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM2.12 Mil. Hence, Rapid Synergy Bhd's Days Inventory for the three months ended in Mar. 2024 was 51.73.

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

XKLS:7765' s Days Inventory Range Over the Past 10 Years
Min: 25.17   Med: 139.31   Max: 635.67
Current: 42.96

During the past 13 years, Rapid Synergy Bhd's highest Days Inventory was 635.67. The lowest was 25.17. And the median was 139.31.

XKLS:7765's Days Inventory is ranked better than
86.53% of 943 companies
in the Semiconductors industry
Industry Median: 130.21 vs XKLS:7765: 42.96

Rapid Synergy Bhd's Days Inventory increased from Sep. 2022 (27.72) to Mar. 2024 (51.73). It might indicate that Rapid Synergy Bhd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rapid Synergy Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 1.76.

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. Rapid Synergy Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.24.


Rapid Synergy Bhd Days Inventory Historical Data

The historical data trend for Rapid Synergy 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.

Rapid Synergy Bhd Days Inventory Chart

Rapid Synergy Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.89 25.17 94.55 55.56 28.27

Rapid Synergy Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 27.72 48.49 12.86 57.06 51.73

Competitive Comparison of Rapid Synergy Bhd's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Rapid Synergy 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.


Rapid Synergy Bhd's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rapid Synergy Bhd's Days Inventory distribution charts can be found below:

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



Rapid Synergy Bhd Days Inventory Calculation

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

Rapid Synergy Bhd's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.144 + 0.202) / 2 ) / 2.234*365
=0.173 / 2.234*365
=28.27

Rapid Synergy 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
=( (1.295 + 1.104) / 2 ) / 2.116*365 / 4
=1.1995 / 2.116*365 / 4
=51.73

* 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.


Rapid Synergy Bhd  (XKLS:7765) 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.

Rapid Synergy 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.

Rapid Synergy 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.


Rapid Synergy Bhd Days Inventory Related Terms

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


Rapid Synergy Bhd (XKLS:7765) Business Description

Traded in Other Exchanges
N/A
Address
161 Jalan Sungai Keluang, Bayan Lepas FIZ, Phase I, Bayan Lepas, PNG, MYS, 11900
Rapid Synergy Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the group is engaged in the business segments of Investment holding and Precision Tooling. The Precision tools segment engages in the manufacturing of precision tools, dies, and moulds for the semiconductor, electrical and electronics industries. It offers integrated circuits and lens moulds, spare parts, and trim and form parts. It has two segments: The Investment holding segment involves investment in properties and shares and letting of properties and the Precision tooling segment involves Manufacturing of precision tools, dies and moulds for the semiconductor, electrical and electronics industries. It operates in Malaysia.

Rapid Synergy Bhd (XKLS:7765) Headlines

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