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Clover Power PCL (BKK:CV) Days Inventory : 24.60 (As of Mar. 2024)


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What is Clover Power PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clover Power PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿38.7 Mil. Clover Power PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿143.6 Mil. Hence, Clover Power PCL's Days Inventory for the three months ended in Mar. 2024 was 24.60.

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

BKK:CV' s Days Inventory Range Over the Past 10 Years
Min: 1.61   Med: 6.1   Max: 25.63
Current: 25.63

During the past 5 years, Clover Power PCL's highest Days Inventory was 25.63. The lowest was 1.61. And the median was 6.10.

BKK:CV's Days Inventory is ranked better than
55.76% of 330 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.765 vs BKK:CV: 25.63

Clover Power PCL's Days Inventory declined from Mar. 2023 (31.94) to Mar. 2024 (24.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clover Power PCL's Inventory Turnover for the three months ended in Mar. 2024 was 3.71.

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. Clover Power PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.22.


Clover Power PCL Days Inventory Historical Data

The historical data trend for Clover Power 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.

Clover Power PCL Days Inventory Chart

Clover Power PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- 1.61 3.77 8.42 15.85

Clover Power PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.94 43.86 19.57 13.38 24.60

Competitive Comparison of Clover Power PCL's Days Inventory

For the Utilities - Renewable subindustry, Clover Power 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.


Clover Power PCL's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clover Power PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clover Power PCL's Days Inventory falls into.



Clover Power PCL Days Inventory Calculation

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

Clover Power 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
=( (59.952 + 29.345) / 2 ) / 1028.455*365
=44.6485 / 1028.455*365
=15.85

Clover Power PCL's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (29.345 + 48.096) / 2 ) / 143.628*365 / 4
=38.7205 / 143.628*365 / 4
=24.60

* 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.


Clover Power PCL  (BKK:CV) 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.

Clover Power PCL's Inventory Turnover for the three months ended in Mar. 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.

Clover Power PCL's Inventory to Revenue for the three months ended in Mar. 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.


Clover Power PCL Days Inventory Related Terms

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


Clover Power PCL (BKK:CV) Business Description

Traded in Other Exchanges
N/A
Address
No. 159 Soi Rama 9 57/1 (Wisetsuk 2), Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250
Clover Power PCL operates as a fully integrated renewable energy business. Its business is classified into three main divisions namely power generation and distribution business, engineering service business and renewable energy business. The Group operates in three geographic areas which are Thailand, Australia, and Vietnam.

Clover Power PCL (BKK:CV) Headlines

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