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Karyon Industries Bhd (XKLS:0054) Days Inventory : 66.07 (As of Jun. 2024)


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What is Karyon Industries Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Karyon Industries Bhd's Average Total Inventories for the three months ended in Jun. 2024 was RM28.9 Mil. Karyon Industries Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM39.9 Mil. Hence, Karyon Industries Bhd's Days Inventory for the three months ended in Jun. 2024 was 66.07.

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

XKLS:0054' s Days Inventory Range Over the Past 10 Years
Min: 47.96   Med: 64.52   Max: 76.22
Current: 66.61

During the past 13 years, Karyon Industries Bhd's highest Days Inventory was 76.22. The lowest was 47.96. And the median was 64.52.

XKLS:0054's Days Inventory is ranked better than
61.58% of 1494 companies
in the Chemicals industry
Industry Median: 79.82 vs XKLS:0054: 66.61

Karyon Industries Bhd's Days Inventory increased from Jun. 2023 (63.19) to Jun. 2024 (66.07). It might indicate that Karyon Industries Bhd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Karyon Industries Bhd's Inventory Turnover for the three months ended in Jun. 2024 was 1.38.

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. Karyon Industries Bhd's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.62.


Karyon Industries Bhd Days Inventory Historical Data

The historical data trend for Karyon Industries 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.

Karyon Industries Bhd Days Inventory Chart

Karyon Industries Bhd Annual Data
Trend Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.31 76.22 63.65 65.39 67.24

Karyon Industries Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 63.19 63.16 69.10 69.74 66.07

Competitive Comparison of Karyon Industries Bhd's Days Inventory

For the Specialty Chemicals subindustry, Karyon Industries 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.


Karyon Industries Bhd's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Karyon Industries Bhd's Days Inventory distribution charts can be found below:

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



Karyon Industries Bhd Days Inventory Calculation

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

Karyon Industries Bhd's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (24.269 + 28.579) / 2 ) / 143.439*365
=26.424 / 143.439*365
=67.24

Karyon Industries Bhd's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (28.579 + 29.208) / 2 ) / 39.903*365 / 4
=28.8935 / 39.903*365 / 4
=66.07

* 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.


Karyon Industries Bhd  (XKLS:0054) 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.

Karyon Industries Bhd's Inventory Turnover for the three months ended in Jun. 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.

Karyon Industries Bhd's Inventory to Revenue for the three months ended in Jun. 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.


Karyon Industries Bhd Days Inventory Related Terms

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


Karyon Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, Masai, Johor Darul Takzim, JHR, MYS, 81750
Karyon Industries Bhd is a Malaysian company engaged in the business of manufacturing and trading polymeric products. The segments of the company include the Investment holding division; and Manufacturing and trading of polymeric products that involve the manufacturing and trading of Polyvinyl Chloride (PVC) compound, plastic additives, and industrial chemical products. The company derives the majority of its revenue through its manufacturing of polymeric products segment from Malaysia.

Karyon Industries Bhd Headlines

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