Thai Coconut PCL (BKK:COCOCO) Days Inventory : 70.24 (As of Sep. 2023)

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What is Thai Coconut PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Coconut PCL's Average Total Inventories for the three months ended in Sep. 2023 was ฿726 Mil. Thai Coconut PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿943 Mil. Hence, Thai Coconut PCL's Days Inventory for the three months ended in Sep. 2023 was 70.24.

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

BKK:COCOCO' s Days Inventory Range Over the Past 10 Years
Min: 52.46 Med: 64.46 Max: 108.42
Current: 108.42

During the past 4 years, Thai Coconut PCL's highest Days Inventory was 108.42. The lowest was 52.46. And the median was 64.46.

BKK:COCOCO's Days Inventory is ranked worse than
64.5% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs BKK:COCOCO: 108.42

Thai Coconut PCL's Days Inventory declined from Jun. 2022 (83.11) to Sep. 2023 (70.24).

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. Thai Coconut PCL's Inventory Turnover for the three months ended in Sep. 2023 was 1.30.

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 Coconut PCL's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.56.

Thai Coconut PCL Days Inventory Historical Data

The historical data trend for Thai Coconut 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.

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Thai Coconut PCL Days Inventory Chart

Thai Coconut PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

52.46

56.25

72.67

88.51

Thai Coconut PCL Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial			83.11	-	100.53	76.69	70.24

Competitive Comparison of Thai Coconut PCL's Days Inventory

For the Packaged Foods subindustry, Thai Coconut 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 Coconut PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Coconut PCL's Days Inventory distribution charts can be found below:

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

Thai Coconut PCL Days Inventory Calculation

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

Thai Coconut PCL's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (589.181	+	653.383)	/	2 )	/	2562.136	*	365
=	621.282					/	2562.136	*	365
=	88.51

Thai Coconut PCL's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (735.376	+	716.307)	/	2 )	/	942.901	*	365 / 4
=	725.8415					/	942.901	*	365 / 4
=	70.24

Thai Coconut PCL (BKK:COCOCO) 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 Coconut PCL's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	942.901	/	725.8415
	=	1.30

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 Coconut PCL's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	725.8415	/	1285.832
	=	0.56

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 Coconut PCL Days Inventory Related Terms

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

Thai Coconut PCL (BKK:COCOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Coconut PCL (BKK:COCOCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120

Website

https://www.thaicoconut.com

Thai Coconut PCL is engaged in the production and distribution of coconut products. Its Products include coconut milk, coconut water, virgin coconut oil, ready curry soup, coconut snacks, desiccated coconut, etc. Products from its factory are produced under the Thaicoco and Cocoburi brands. Its segments are Coconut milk and Coconut water. It generates the majority of its revenue from Coconut milk.

Thai Coconut PCL (BKK:COCOCO) Headlines

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