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Ta Win Holdings Bhd (XKLS:7097) Days Inventory : 49.93 (As of Dec. 2023)


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What is Ta Win Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ta Win Holdings Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM75.7 Mil. Ta Win Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM138.2 Mil. Hence, Ta Win Holdings Bhd's Days Inventory for the three months ended in Dec. 2023 was 49.93.

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

XKLS:7097' s Days Inventory Range Over the Past 10 Years
Min: 28.88   Med: 42.26   Max: 59.83
Current: 49.22

During the past 13 years, Ta Win Holdings Bhd's highest Days Inventory was 59.83. The lowest was 28.88. And the median was 42.26.

XKLS:7097's Days Inventory is ranked better than
89.01% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs XKLS:7097: 49.22

Ta Win Holdings Bhd's Days Inventory increased from Dec. 2022 (41.51) to Dec. 2023 (49.93). It might indicate that Ta Win Holdings Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ta Win Holdings Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.83.

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. Ta Win Holdings Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.54.


Ta Win Holdings Bhd Days Inventory Historical Data

The historical data trend for Ta Win Holdings 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.

Ta Win Holdings Bhd Days Inventory Chart

Ta Win Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.89 50.98 34.30 44.63 44.81

Ta Win Holdings Bhd Quarterly Data
Sep18 Mar19 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 41.51 43.90 62.57 39.46 49.93

Competitive Comparison of Ta Win Holdings Bhd's Days Inventory

For the Electrical Equipment & Parts subindustry, Ta Win Holdings 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.


Ta Win Holdings Bhd's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ta Win Holdings Bhd's Days Inventory falls into.



Ta Win Holdings Bhd Days Inventory Calculation

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

Ta Win Holdings 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
=( (77.063 + 75.639) / 2 ) / 621.942*365
=76.351 / 621.942*365
=44.81

Ta Win Holdings 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
=( (62.533 + 88.772) / 2 ) / 138.247*365 / 4
=75.6525 / 138.247*365 / 4
=49.93

* 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.


Ta Win Holdings Bhd  (XKLS:7097) 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.

Ta Win Holdings 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.

Ta Win Holdings 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.


Ta Win Holdings Bhd Days Inventory Related Terms

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


Ta Win Holdings Bhd (XKLS:7097) Business Description

Traded in Other Exchanges
Address
Jalan Stesen Sentral 2, Unit 26-11 and 26-12, Level 26, Q Sentral, Kuala Lumpur, SGR, MYS, 50470
Ta Win Holdings Bhd is an investment holding company which is engaged in the provision of management services. It is carried out in Malaysia, Hong Kong and the People's Republic of China. The company's subsidiaries are engaged in investment holding, manufacturing and exporting enamelled copper wires and copper rods to various markets, licensed manufacturing warehouses and trading of enamelled copper wire. The majority of its revenue is derived from Malaysia.

Ta Win Holdings Bhd (XKLS:7097) Headlines

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