GFM Services Bhd (XKLS:0039) Days Inventory : 2.16 (As of Dec. 2023)

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What is GFM Services Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GFM Services Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM0.6 Mil. GFM Services Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM27.1 Mil. Hence, GFM Services Bhd's Days Inventory for the three months ended in Dec. 2023 was 2.16.

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

XKLS:0039' s Days Inventory Range Over the Past 10 Years
Min: 2.96 Med: 2.96 Max: 2.96
Current: 2.96

During the past 13 years, GFM Services Bhd's highest Days Inventory was 2.96. The lowest was 2.96. And the median was 2.96.

XKLS:0039's Days Inventory is ranked better than
82.67% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs XKLS:0039: 2.96

GFM Services Bhd's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (2.16). It might indicate that GFM Services Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GFM Services Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 42.16.

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. GFM Services Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

GFM Services Bhd Days Inventory Historical Data

The historical data trend for GFM Services 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.

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GFM Services Bhd Days Inventory Chart

GFM Services Bhd Annual Data

Trend

Aug14

Aug15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2.96

GFM Services 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															-	-	-	-	2.16

Competitive Comparison of GFM Services Bhd's Days Inventory

For the Specialty Business Services subindustry, GFM Services 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.

GFM Services Bhd's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GFM Services Bhd's Days Inventory distribution charts can be found below:

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

GFM Services Bhd Days Inventory Calculation

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

GFM Services 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
=	( (0	+	0.642)	/	1 )	/	79.24	*	365
=	0.642					/	79.24	*	365
=	2.96

GFM Services 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
=	( (0	+	0.642)	/	1 )	/	27.066	*	365 / 4
=	0.642					/	27.066	*	365 / 4
=	2.16

GFM Services Bhd (XKLS:0039) 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.

GFM Services Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.066	/	0.642
	=	42.16

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.

GFM Services Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.642	/	48.039
	=	0.01

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.

GFM Services Bhd Days Inventory Related Terms

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GFM Services Bhd (XKLS:0039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GFM Services Bhd (XKLS:0039) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-3A-1 Melawati Corporate Centre, Jalan Bandar Melawati, Taman Melawati, Kuala Lumpur, SGR, MYS, 53100

Website

https://www.gfmservices.com.my

GFM Services Bhd is an investment holding company. Its core business is in providing Facilities Management services which include the provision of facilities operations, maintenance and management, engineering services, facilities consultancy and advisory, and facilities management services. The Concession arrangements business involves the construction and maintenance of facilities and infrastructure.

GFM Services Bhd (XKLS:0039) Headlines

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