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Key Asic Bhd (XKLS:0143) Days Inventory : 22.43 (As of Feb. 2024)


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What is Key Asic Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Key Asic Bhd's Average Total Inventories for the three months ended in Feb. 2024 was RM1.11 Mil. Key Asic Bhd's Cost of Goods Sold for the three months ended in Feb. 2024 was RM4.51 Mil. Hence, Key Asic Bhd's Days Inventory for the three months ended in Feb. 2024 was 22.43.

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

XKLS:0143' s Days Inventory Range Over the Past 10 Years
Min: 11.36   Med: 38.44   Max: 71.77
Current: 30.72

During the past 13 years, Key Asic Bhd's highest Days Inventory was 71.77. The lowest was 11.36. And the median was 38.44.

XKLS:0143's Days Inventory is ranked better than
92.05% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs XKLS:0143: 30.72

Key Asic Bhd's Days Inventory declined from Feb. 2023 (34.18) to Feb. 2024 (22.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Key Asic Bhd's Inventory Turnover for the three months ended in Feb. 2024 was 4.07.

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. Key Asic Bhd's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.21.


Key Asic Bhd Days Inventory Historical Data

The historical data trend for Key Asic 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.

Key Asic Bhd Days Inventory Chart

Key Asic Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.91 39.14 54.64 71.77 50.93

Key Asic Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 34.18 102.40 33.82 17.65 22.43

Competitive Comparison of Key Asic Bhd's Days Inventory

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Key Asic Bhd's Days Inventory falls into.



Key Asic Bhd Days Inventory Calculation

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

Key Asic Bhd's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (1.873 + 1.891) / 2 ) / 13.487*365
=1.882 / 13.487*365
=50.93

Key Asic Bhd's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1.19 + 1.029) / 2 ) / 4.514*365 / 4
=1.1095 / 4.514*365 / 4
=22.43

* 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.


Key Asic Bhd  (XKLS:0143) 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.

Key Asic Bhd's Inventory Turnover for the three months ended in Feb. 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.

Key Asic Bhd's Inventory to Revenue for the three months ended in Feb. 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.


Key Asic Bhd Days Inventory Related Terms

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


Key Asic Bhd (XKLS:0143) Business Description

Traded in Other Exchanges
N/A
Address
8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

Key Asic Bhd (XKLS:0143) Headlines

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