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Mikro MSC Bhd (XKLS:0112) Days Inventory : 256.60 (As of Dec. 2023)


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What is Mikro MSC Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mikro MSC Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM25.94 Mil. Mikro MSC Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM9.22 Mil. Hence, Mikro MSC Bhd's Days Inventory for the three months ended in Dec. 2023 was 256.60.

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

XKLS:0112' s Days Inventory Range Over the Past 10 Years
Min: 137.19   Med: 159.89   Max: 270.91
Current: 270.91

During the past 13 years, Mikro MSC Bhd's highest Days Inventory was 270.91. The lowest was 137.19. And the median was 159.89.

XKLS:0112's Days Inventory is ranked worse than
86.73% of 2909 companies
in the Industrial Products industry
Industry Median: 120.85 vs XKLS:0112: 270.91

Mikro MSC Bhd's Days Inventory increased from Dec. 2022 (246.05) to Dec. 2023 (256.60). It might indicate that Mikro MSC Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mikro MSC Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.36.

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. Mikro MSC Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.87.


Mikro MSC Bhd Days Inventory Historical Data

The historical data trend for Mikro MSC 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.

Mikro MSC Bhd Days Inventory Chart

Mikro MSC 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 192.56 137.19 147.02 213.99 251.12

Mikro MSC 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 246.05 364.23 242.30 255.71 256.60

Competitive Comparison of Mikro MSC Bhd's Days Inventory

For the Electrical Equipment & Parts subindustry, Mikro MSC 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.


Mikro MSC Bhd's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Days Inventory distribution charts can be found below:

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



Mikro MSC Bhd Days Inventory Calculation

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

Mikro MSC 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
=( (23.319 + 27.178) / 2 ) / 36.699*365
=25.2485 / 36.699*365
=251.12

Mikro MSC 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
=( (26.194 + 25.682) / 2 ) / 9.224*365 / 4
=25.938 / 9.224*365 / 4
=256.60

* 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.


Mikro MSC Bhd  (XKLS:0112) 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.

Mikro MSC 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.

Mikro MSC 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.


Mikro MSC Bhd Days Inventory Related Terms

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


Mikro MSC Bhd (XKLS:0112) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460
Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

Mikro MSC Bhd (XKLS:0112) Headlines

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