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Southern Cable Group Bhd (XKLS:0225) Days Inventory : 43.32 (As of Mar. 2024)


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What is Southern Cable Group Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Southern Cable Group Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM136 Mil. Southern Cable Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM287 Mil. Hence, Southern Cable Group Bhd's Days Inventory for the three months ended in Mar. 2024 was 43.32.

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

XKLS:0225' s Days Inventory Range Over the Past 10 Years
Min: 43.31   Med: 64.11   Max: 89.86
Current: 58.97

During the past 8 years, Southern Cable Group Bhd's highest Days Inventory was 89.86. The lowest was 43.31. And the median was 64.11.

XKLS:0225's Days Inventory is ranked better than
85.06% of 2912 companies
in the Industrial Products industry
Industry Median: 121.305 vs XKLS:0225: 58.97

Southern Cable Group Bhd's Days Inventory declined from Mar. 2023 (86.04) to Mar. 2024 (43.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern Cable Group Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 2.11.

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. Southern Cable Group Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.


Southern Cable Group Bhd Days Inventory Historical Data

The historical data trend for Southern Cable Group 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.

Southern Cable Group Bhd Days Inventory Chart

Southern Cable Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 43.31 54.40 79.82 89.86 68.47

Southern Cable Group Bhd Quarterly Data
Dec17 Dec18 Jun19 Dec19 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 86.04 82.90 64.48 51.67 43.32

Competitive Comparison of Southern Cable Group Bhd's Days Inventory

For the Electrical Equipment & Parts subindustry, Southern Cable Group 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.


Southern Cable Group Bhd's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Southern Cable Group Bhd's Days Inventory falls into.



Southern Cable Group Bhd Days Inventory Calculation

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

Southern Cable Group 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
=( (223.256 + 144.096) / 2 ) / 979.204*365
=183.676 / 979.204*365
=68.47

Southern Cable Group 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
=( (144.096 + 127.993) / 2 ) / 286.596*365 / 4
=136.0445 / 286.596*365 / 4
=43.32

* 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.


Southern Cable Group Bhd  (XKLS:0225) 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.

Southern Cable Group 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.

Southern Cable Group 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.


Southern Cable Group Bhd Days Inventory Related Terms

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


Southern Cable Group Bhd (XKLS:0225) Business Description

Traded in Other Exchanges
N/A
Address
Lot 42, Jalan Merbau Pulas, Kawasan Perusahaan Kuala Ketil, Kuala Ketil, KDH, MYS, 09300
Southern Cable Group Bhd is a manufacturer of cables and wires. The company's portfolio includes cables and wires used for power distribution and transmission, communications, as well as control and instrumentation applications. The operating segment of the company are Power cables and wires, Communications cables and wires, Control and instrumentation cables and wires and Related products and services. Power cables and wires segment include power cables and wires which are used in electrical systems for the distribution of power. The majority of company's revenue is generated from Power cables and wires segment.

Southern Cable Group Bhd (XKLS:0225) Headlines

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