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P I E Industrial Bhd (XKLS:7095) Days Inventory : 108.11 (As of Mar. 2024)


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What is P I E Industrial Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). P I E Industrial Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM265 Mil. P I E Industrial Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM224 Mil. Hence, P I E Industrial Bhd's Days Inventory for the three months ended in Mar. 2024 was 108.11.

The historical rank and industry rank for P I E Industrial Bhd's Days Inventory or its related term are showing as below:

XKLS:7095' s Days Inventory Range Over the Past 10 Years
Min: 57.54   Med: 76.61   Max: 100.38
Current: 94.58

During the past 13 years, P I E Industrial Bhd's highest Days Inventory was 100.38. The lowest was 57.54. And the median was 76.61.

XKLS:7095's Days Inventory is ranked better than
65.14% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs XKLS:7095: 94.58

P I E Industrial Bhd's Days Inventory increased from Mar. 2023 (78.69) to Mar. 2024 (108.11). It might indicate that P I E Industrial Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. P I E Industrial Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 0.84.

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. P I E Industrial Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.


P I E Industrial Bhd Days Inventory Historical Data

The historical data trend for P I E Industrial 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.

P I E Industrial Bhd Days Inventory Chart

P I E Industrial 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 74.79 77.72 89.67 100.38 91.21

P I E Industrial Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 78.69 86.46 92.46 99.26 108.11

Competitive Comparison of P I E Industrial Bhd's Days Inventory

For the Electrical Equipment & Parts subindustry, P I E Industrial 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.


P I E Industrial Bhd's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where P I E Industrial Bhd's Days Inventory falls into.



P I E Industrial Bhd Days Inventory Calculation

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

P I E Industrial 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
=( (287.798 + 277.654) / 2 ) / 1131.397*365
=282.726 / 1131.397*365
=91.21

P I E Industrial 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
=( (277.654 + 252.128) / 2 ) / 223.582*365 / 4
=264.891 / 223.582*365 / 4
=108.11

* 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.


P I E Industrial Bhd  (XKLS:7095) 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.

P I E Industrial 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.

P I E Industrial 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.


P I E Industrial Bhd Days Inventory Related Terms

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


P I E Industrial Bhd (XKLS:7095) Business Description

Traded in Other Exchanges
N/A
Address
Plot 4, Jalan Jelawat Satu, Seberang Jaya Industrial Estate, Seberang Jaya, Seberang Perai, PNG, MYS, 13700
P I E Industrial Bhd is principally involved in investment holding and the provision of management services. The group has three reportable segments, Manufacturing of industrial products, Trading of electrical materials, and Investment holding. Manufacturing of industrial products includes cables and wires for electronic devices, cable molding compounds and PCB assemblies, cable and wire harnesses to the computer, communication, consumer electronic industry, and cable assemblies. Trading of electrical materials includes peripheral products of computers, telecommunication, consumer electronics, and cable assembly products. Manufacturing of industrial products generates the majority of the revenue.

P I E Industrial Bhd (XKLS:7095) Headlines

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