Iconic Worldwide Bhd (XKLS:9113) Days Inventory : 121.34 (As of Dec. 2023)

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What is Iconic Worldwide Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iconic Worldwide Bhd's Average Total Inventories for the three months ended in Dec. 2023 was RM19.54 Mil. Iconic Worldwide Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM14.69 Mil. Hence, Iconic Worldwide Bhd's Days Inventory for the three months ended in Dec. 2023 was 121.34.

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

XKLS:9113' s Days Inventory Range Over the Past 10 Years
Min: 17.13 Med: 174.63 Max: 811.34
Current: 141.2

During the past 13 years, Iconic Worldwide Bhd's highest Days Inventory was 811.34. The lowest was 17.13. And the median was 174.63.

XKLS:9113's Days Inventory is ranked better than
67.78% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 192.49 vs XKLS:9113: 141.20

Iconic Worldwide Bhd's Days Inventory declined from Dec. 2022 (216.48) to Dec. 2023 (121.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Iconic Worldwide Bhd's Inventory Turnover for the three months ended in Dec. 2023 was 0.75.

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. Iconic Worldwide Bhd's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.31.

Iconic Worldwide Bhd Days Inventory Historical Data

The historical data trend for Iconic Worldwide 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.

Iconic Worldwide Bhd Days Inventory Chart

Iconic Worldwide Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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202.97

811.34

415.20

274.56

223.55

Iconic Worldwide 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															216.48	95.28	268.89	207.92	121.34

Competitive Comparison of Iconic Worldwide Bhd's Days Inventory

For the Medical Instruments & Supplies subindustry, Iconic Worldwide 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.

Iconic Worldwide Bhd's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Iconic Worldwide Bhd's Days Inventory distribution charts can be found below:

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

Iconic Worldwide Bhd Days Inventory Calculation

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

Iconic Worldwide 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
=	( (77.705	+	36.662)	/	2 )	/	93.367	*	365
=	57.1835					/	93.367	*	365
=	223.55

Iconic Worldwide 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
=	( (20.089	+	18.981)	/	2 )	/	14.691	*	365 / 4
=	19.535					/	14.691	*	365 / 4
=	121.34

Iconic Worldwide Bhd (XKLS:9113) 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.

Iconic Worldwide Bhd's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.691	/	19.535
	=	0.75

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.

Iconic Worldwide Bhd's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.535	/	14.902
	=	1.31

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.

Iconic Worldwide Bhd Days Inventory Related Terms

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

Iconic Worldwide Bhd (XKLS:9113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Iconic Worldwide Bhd (XKLS:9113) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.iconicworldwide.com.my

Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Tourism services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.

Iconic Worldwide Bhd (XKLS:9113) Headlines

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