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Thai Energy Storage Technology PCL (BKK:3K-BAT) Days Inventory : 68.64 (As of Dec. 2023)


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What is Thai Energy Storage Technology PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Energy Storage Technology PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿761 Mil. Thai Energy Storage Technology PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿1,012 Mil. Hence, Thai Energy Storage Technology PCL's Days Inventory for the three months ended in Dec. 2023 was 68.64.

The historical rank and industry rank for Thai Energy Storage Technology PCL's Days Inventory or its related term are showing as below:

BKK:3K-BAT' s Days Inventory Range Over the Past 10 Years
Min: 66.5   Med: 68.26   Max: 70.95
Current: 66.57

During the past 5 years, Thai Energy Storage Technology PCL's highest Days Inventory was 70.95. The lowest was 66.50. And the median was 68.26.

BKK:3K-BAT's Days Inventory is ranked better than
81.27% of 2910 companies
in the Industrial Products industry
Industry Median: 120.125 vs BKK:3K-BAT: 66.57

Thai Energy Storage Technology PCL's Days Inventory declined from Dec. 2022 (80.23) to Dec. 2023 (68.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Energy Storage Technology PCL's Inventory Turnover for the three months ended in Dec. 2023 was 1.33.

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. Thai Energy Storage Technology PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


Thai Energy Storage Technology PCL Days Inventory Historical Data

The historical data trend for Thai Energy Storage Technology 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.

Thai Energy Storage Technology PCL Days Inventory Chart

Thai Energy Storage Technology PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Mar23
Days Inventory
70.95 69.56 67.84 66.50 68.26

Thai Energy Storage Technology PCL Quarterly Data
Dec18 Jun19 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 80.23 68.02 63.13 63.13 68.64

Competitive Comparison of Thai Energy Storage Technology PCL's Days Inventory

For the Electrical Equipment & Parts subindustry, Thai Energy Storage Technology 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.


Thai Energy Storage Technology PCL's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thai Energy Storage Technology PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai Energy Storage Technology PCL's Days Inventory falls into.



Thai Energy Storage Technology PCL Days Inventory Calculation

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

Thai Energy Storage Technology PCL'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: Dec. 2021 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (920.204 + 700.742) / 2 ) / 4333.72*365
=810.473 / 4333.72*365
=68.26

Thai Energy Storage Technology 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
=( (712.709 + 809.577) / 2 ) / 1011.805*365 / 4
=761.143 / 1011.805*365 / 4
=68.64

* 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.


Thai Energy Storage Technology PCL  (BKK:3K-BAT) 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.

Thai Energy Storage Technology PCL'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.

Thai Energy Storage Technology PCL'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.


Thai Energy Storage Technology PCL Days Inventory Related Terms

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


Thai Energy Storage Technology PCL (BKK:3K-BAT) Business Description

Traded in Other Exchanges
N/A
Address
387 Moo 4, Sukhumvit Road, Mueang Samut Prakan District, Praekasa Sub-District, Samut Prakan, THA, 10280
Thai Energy Storage Technology PCL is engaged in the manufacturing of batteries. It provides Automotive batteries, Motorcycle Battery, Traction Battery, ED Battery, and Lighting batteries among other products. The company's operations are carried on only in Thailand, with an international customer base.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Headlines

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