Asia Precision PCL (BKK:APCS) Days Inventory : 6.52 (As of Dec. 2023)

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What is Asia Precision PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Precision PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿26 Mil. Asia Precision PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿370 Mil. Hence, Asia Precision PCL's Days Inventory for the three months ended in Dec. 2023 was 6.52.

The historical rank and industry rank for Asia Precision PCL's Days Inventory or its related term are showing as below:

BKK:APCS' s Days Inventory Range Over the Past 10 Years
Min: 6.76 Med: 28.24 Max: 53.73
Current: 6.76

During the past 13 years, Asia Precision PCL's highest Days Inventory was 53.73. The lowest was 6.76. And the median was 28.24.

BKK:APCS's Days Inventory is ranked better than
98.87% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs BKK:APCS: 6.76

Asia Precision PCL's Days Inventory declined from Dec. 2022 (2,030.11) to Dec. 2023 (6.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Precision PCL's Inventory Turnover for the three months ended in Dec. 2023 was 14.00.

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. Asia Precision PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.

Asia Precision PCL Days Inventory Historical Data

The historical data trend for Asia Precision PCL'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.

Asia Precision PCL Days Inventory Chart

Asia Precision PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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14.03

15.24

38.76

22.36

9.90

Asia Precision PCL 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															2,030.11	6.98	3.24	6.92	6.52

Competitive Comparison of Asia Precision PCL's Days Inventory

For the Metal Fabrication subindustry, Asia Precision PCL'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.

Asia Precision PCL's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Precision PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Precision PCL's Days Inventory falls into.

Asia Precision PCL Days Inventory Calculation

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

Asia Precision PCL'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
=	( (53.678	+	22.182)	/	2 )	/	1398.271	*	365
=	37.93					/	1398.271	*	365
=	9.90

Asia Precision PCL'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
=	( (30.626	+	22.182)	/	2 )	/	369.702	*	365 / 4
=	26.404					/	369.702	*	365 / 4
=	6.52

Asia Precision PCL (BKK:APCS) 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.

Asia Precision PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	369.702	/	26.404
	=	14.00

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.

Asia Precision PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.404	/	433.756
	=	0.06

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.

Asia Precision PCL Days Inventory Related Terms

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

Asia Precision PCL (BKK:APCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Precision PCL (BKK:APCS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amata Nakorn Industrial Estate, 700/331 Moo 6, Tambol Donhualor, Muang Chonburi, Chonburi, THA, 20000

Website

https://www.apcs.co.th

Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, High Precision Part and Component, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL (BKK:APCS) Headlines

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