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Earth Tech Environment PCL (BKK:ETC) Days Inventory : 12.81 (As of Dec. 2023)


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What is Earth Tech Environment PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Earth Tech Environment PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿16.7 Mil. Earth Tech Environment PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿119.1 Mil. Hence, Earth Tech Environment PCL's Days Inventory for the three months ended in Dec. 2023 was 12.81.

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

BKK:ETC' s Days Inventory Range Over the Past 10 Years
Min: 1.43   Med: 1.89   Max: 19.62
Current: 9.25

During the past 6 years, Earth Tech Environment PCL's highest Days Inventory was 19.62. The lowest was 1.43. And the median was 1.89.

BKK:ETC's Days Inventory is ranked better than
82.67% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs BKK:ETC: 9.25

Earth Tech Environment PCL's Days Inventory increased from Dec. 2022 (8.32) to Dec. 2023 (12.81). It might indicate that Earth Tech Environment PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Earth Tech Environment PCL's Inventory Turnover for the three months ended in Dec. 2023 was 7.13.

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. Earth Tech Environment PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


Earth Tech Environment PCL Days Inventory Historical Data

The historical data trend for Earth Tech Environment 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.

Earth Tech Environment PCL Days Inventory Chart

Earth Tech Environment PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1.43 1.71 2.07 9.58 19.62

Earth Tech Environment PCL Quarterly Data
Dec18 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 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 8.32 8.53 2.24 2.87 12.81

Competitive Comparison of Earth Tech Environment PCL's Days Inventory

For the Utilities - Renewable subindustry, Earth Tech Environment 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.


Earth Tech Environment PCL's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Earth Tech Environment PCL's Days Inventory falls into.



Earth Tech Environment PCL Days Inventory Calculation

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

Earth Tech Environment 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
=( (22.302 + 29.936) / 2 ) / 485.984*365
=26.119 / 485.984*365
=19.62

Earth Tech Environment 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
=( (3.479 + 29.936) / 2 ) / 119.056*365 / 4
=16.7075 / 119.056*365 / 4
=12.81

* 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.


Earth Tech Environment PCL  (BKK:ETC) 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.

Earth Tech Environment 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.

Earth Tech Environment 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.


Earth Tech Environment PCL Days Inventory Related Terms

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


Earth Tech Environment PCL (BKK:ETC) Business Description

Traded in Other Exchanges
N/A
Address
88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. The company produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.

Earth Tech Environment PCL (BKK:ETC) Headlines

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