NAT Absolute Technologies PCL (BKK:NAT) Days Inventory : 3.65 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is NAT Absolute Technologies PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NAT Absolute Technologies PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿25 Mil. NAT Absolute Technologies PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿635 Mil. Hence, NAT Absolute Technologies PCL's Days Inventory for the three months ended in Mar. 2024 was 3.65.

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

BKK:NAT' s Days Inventory Range Over the Past 10 Years
Min: 9.1 Med: 29.25 Max: 48.26
Current: 9.1

During the past 2 years, NAT Absolute Technologies PCL's highest Days Inventory was 48.26. The lowest was 9.10. And the median was 29.25.

BKK:NAT's Days Inventory is ranked better than
61.74% of 1563 companies
in the Software industry
Industry Median: 19.18 vs BKK:NAT: 9.10

NAT Absolute Technologies PCL's Days Inventory declined from Sep. 2022 (88.31) to Mar. 2024 (3.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. NAT Absolute Technologies PCL's Inventory Turnover for the three months ended in Mar. 2024 was 25.02.

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. NAT Absolute Technologies PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.

NAT Absolute Technologies PCL Days Inventory Historical Data

The historical data trend for NAT Absolute Technologies 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.

NAT Absolute Technologies PCL Days Inventory Chart

NAT Absolute Technologies PCL Annual Data

Trend

Dec21

Dec22

Days Inventory

48.26

10.24

NAT Absolute Technologies PCL Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial			88.31	-	-	11.62	3.65

Competitive Comparison of NAT Absolute Technologies PCL's Days Inventory

For the Information Technology Services subindustry, NAT Absolute Technologies 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.

NAT Absolute Technologies PCL's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, NAT Absolute Technologies PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where NAT Absolute Technologies PCL's Days Inventory falls into.

NAT Absolute Technologies PCL Days Inventory Calculation

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

NAT Absolute Technologies 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
=	( (51.465	+	0.004)	/	2 )	/	917.076	*	365
=	25.7345					/	917.076	*	365
=	10.24

NAT Absolute Technologies 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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (48.753	+	2.033)	/	2 )	/	635.244	*	365 / 4
=	25.393					/	635.244	*	365 / 4
=	3.65

NAT Absolute Technologies PCL (BKK:NAT) 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.

NAT Absolute Technologies PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	635.244	/	25.393
	=	25.02

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.

NAT Absolute Technologies PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.393	/	730.389
	=	0.03

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.

NAT Absolute Technologies PCL Days Inventory Related Terms

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

NAT Absolute Technologies PCL (BKK:NAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NAT Absolute Technologies PCL (BKK:NAT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

NAT Absolute Technologies PCL is engaged in information and communication technology services in Thailand. It provides consulting services, design, procure and distribute equipment ready for installation, including providing contract system installation services related to information and communication technology systems (Information and Communication Technology System Integration).