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Tien Wah Press Holdings Bhd (XKLS:7374) Days Inventory : 79.43 (As of Dec. 2023)


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What is Tien Wah Press Holdings Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tien Wah Press Holdings Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM50.3 Mil. Tien Wah Press Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM57.8 Mil. Hence, Tien Wah Press Holdings Bhd's Days Inventory for the three months ended in Dec. 2023 was 79.43.

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

XKLS:7374' s Days Inventory Range Over the Past 10 Years
Min: 80.51   Med: 97.23   Max: 110.17
Current: 80.51

During the past 13 years, Tien Wah Press Holdings Bhd's highest Days Inventory was 110.17. The lowest was 80.51. And the median was 97.23.

XKLS:7374's Days Inventory is ranked worse than
68.43% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs XKLS:7374: 80.51

Tien Wah Press Holdings Bhd's Days Inventory declined from Dec. 2022 (91.73) to Dec. 2023 (79.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tien Wah Press Holdings Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 1.15.

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. Tien Wah Press Holdings Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.73.


Tien Wah Press Holdings Bhd Days Inventory Historical Data

The historical data trend for Tien Wah Press 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.

Tien Wah Press Holdings Bhd Days Inventory Chart

Tien Wah Press Holdings 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 101.15 99.63 88.29 85.55 83.13

Tien Wah Press Holdings Bhd Quarterly Data
Mar19 Jun19 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 91.73 86.93 80.32 73.67 79.43

Competitive Comparison of Tien Wah Press Holdings Bhd's Days Inventory

For the Specialty Business Services subindustry, Tien Wah Press 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.


Tien Wah Press Holdings Bhd's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tien Wah Press Holdings Bhd's Days Inventory falls into.



Tien Wah Press Holdings Bhd Days Inventory Calculation

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

Tien Wah Press Holdings 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
=( (52.017 + 52.787) / 2 ) / 230.084*365
=52.402 / 230.084*365
=83.13

Tien Wah Press 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
=( (47.909 + 52.787) / 2 ) / 57.84*365 / 4
=50.348 / 57.84*365 / 4
=79.43

* 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.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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.

Tien Wah Press 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.

Tien Wah Press 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.


Tien Wah Press Holdings Bhd Days Inventory Related Terms

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


Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd (XKLS:7374) Headlines

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