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Apex Healthcare Bhd (XKLS:7090) Days Inventory : 62.50 (As of Mar. 2024)


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What is Apex Healthcare Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Apex Healthcare Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM131.8 Mil. Apex Healthcare Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM192.4 Mil. Hence, Apex Healthcare Bhd's Days Inventory for the three months ended in Mar. 2024 was 62.50.

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

XKLS:7090' s Days Inventory Range Over the Past 10 Years
Min: 47.37   Med: 55.53   Max: 83.49
Current: 83.49

During the past 13 years, Apex Healthcare Bhd's highest Days Inventory was 83.49. The lowest was 47.37. And the median was 55.53.

XKLS:7090's Days Inventory is ranked worse than
67.74% of 93 companies
in the Medical Distribution industry
Industry Median: 60.88 vs XKLS:7090: 83.49

Apex Healthcare Bhd's Days Inventory increased from Dec. 2022 (58.12) to Mar. 2024 (62.50). It might indicate that Apex Healthcare Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apex Healthcare Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 1.46.

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. Apex Healthcare Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Apex Healthcare Bhd Days Inventory Historical Data

The historical data trend for Apex Healthcare 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.

Apex Healthcare Bhd Days Inventory Chart

Apex Healthcare Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.95 59.20 56.10 55.25 60.09

Apex Healthcare Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 58.12 54.01 63.27 63.38 62.50

Competitive Comparison of Apex Healthcare Bhd's Days Inventory

For the Medical Distribution subindustry, Apex Healthcare 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.


Apex Healthcare Bhd's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Apex Healthcare Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Apex Healthcare Bhd's Days Inventory falls into.



Apex Healthcare Bhd Days Inventory Calculation

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

Apex Healthcare 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
=( (110.529 + 126.992) / 2 ) / 721.341*365
=118.7605 / 721.341*365
=60.09

Apex Healthcare 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
=( (126.992 + 136.576) / 2 ) / 192.413*365 / 4
=131.784 / 192.413*365 / 4
=62.50

* 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.


Apex Healthcare Bhd  (XKLS:7090) 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.

Apex Healthcare 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.

Apex Healthcare 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.


Apex Healthcare Bhd Days Inventory Related Terms

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


Apex Healthcare Bhd (XKLS:7090) Business Description

Traded in Other Exchanges
N/A
Address
1-5 Jalan TTC 1, Cheng Industrial Estate, Melaka, MLA, MYS, 75250
Apex Healthcare Bhd is an investment holding company for a group of companies engaged in the development, manufacturing, marketing, and distribution of pharmaceuticals, diagnostics, consumer healthcare products, and orthopedic devices. It has direct operations in Malaysia, Singapore and Others. The company has two manufacturing plants in Melaka and Penang. It has three segments: Manufacturing and marketing of pharmaceutical products; Wholesale and distribution of pharmaceutical and healthcare products; and Corporate comprising investments, properties, and others.

Apex Healthcare Bhd (XKLS:7090) Headlines

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