GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Omesti Bhd (XKLS:9008PB.PFD) » Definitions » Days Inventory

Omesti Bhd (XKLS:9008PB.PFD) Days Inventory : 29.98 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Omesti Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omesti Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM8.60 Mil. Omesti Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM26.17 Mil. Hence, Omesti Bhd's Days Inventory for the three months ended in Dec. 2023 was 29.98.

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

XKLS:9008PB.PFD' s Days Inventory Range Over the Past 10 Years
Min: 4.38   Med: 18.12   Max: 48.32
Current: 48.32

During the past 13 years, Omesti Bhd's highest Days Inventory was 48.32. The lowest was 4.38. And the median was 18.12.

XKLS:9008PB.PFD's Days Inventory is ranked worse than
58.74% of 681 companies
in the Business Services industry
Industry Median: 29.77 vs XKLS:9008PB.PFD: 48.32

Omesti Bhd's Days Inventory declined from Dec. 2022 (46.58) to Dec. 2023 (29.98).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omesti Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 3.04.

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. Omesti Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.


Omesti Bhd Days Inventory Historical Data

The historical data trend for Omesti 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.

Omesti Bhd Days Inventory Chart

Omesti Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 7.62 5.85 21.92 41.98

Omesti 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 46.58 44.02 63.21 83.39 29.98

Competitive Comparison of Omesti Bhd's Days Inventory

For the Specialty Business Services subindustry, Omesti 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.


Omesti Bhd's Days Inventory Distribution in the Business Services Industry

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

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



Omesti Bhd Days Inventory Calculation

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

Omesti Bhd's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (8.528 + 8.443) / 2 ) / 73.771*365
=8.4855 / 73.771*365
=41.98

Omesti 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
=( (8.731 + 8.465) / 2 ) / 26.174*365 / 4
=8.598 / 26.174*365 / 4
=29.98

* 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.


Omesti Bhd  (XKLS:9008PB.PFD) 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.

Omesti 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.

Omesti 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.


Omesti Bhd Days Inventory Related Terms

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


Omesti Bhd (XKLS:9008PB.PFD) Business Description

Traded in Other Exchanges
Address
No. 1 Persiaran Jalil 1, Bandar Bukit Jalil, 2-07-01 - Level 7, Plaza Bukit Jalil, Ho Hup Tower - Aurora Place, Kuala Lumpur, SGR, MYS, 57000
Omesti Bhd is an investment holding and provision of management service company. The company's reportable segment includes Business Performance Services; Trading and Distribution Services; Digital and Infrastructure Services, Healthcare Services, and Others. The company generates maximum revenue from the Business Performance Services segment. The Business Performance Services segment is engaged in the provision of business performance improvement-related services. Trading and Distribution Services is engaged in the distribution and reselling of hardware and software and related services. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Singapore, Indonesia, Vietnam, and Brunei.

Omesti Bhd (XKLS:9008PB.PFD) Headlines

No Headlines