Premier Quality Starch PCL (BKK:PQS) Days Inventory : 24.02 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Premier Quality Starch PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Premier Quality Starch PCL's Average Total Inventories for the three months ended in Sep. 2023 was ฿114 Mil. Premier Quality Starch PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿434 Mil. Hence, Premier Quality Starch PCL's Days Inventory for the three months ended in Sep. 2023 was 24.02.

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

BKK:PQS' s Days Inventory Range Over the Past 10 Years
Min: 31.56 Med: 45.05 Max: 54.53
Current: 31.56

During the past 2 years, Premier Quality Starch PCL's highest Days Inventory was 54.53. The lowest was 31.56. And the median was 45.05.

BKK:PQS's Days Inventory is ranked better than
88.79% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.205 vs BKK:PQS: 31.56

Premier Quality Starch PCL's Days Inventory increased from Jun. 2022 (0.00) to Sep. 2023 (24.02). It might indicate that Premier Quality Starch PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Premier Quality Starch PCL's Inventory Turnover for the three months ended in Sep. 2023 was 3.80.

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. Premier Quality Starch PCL's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.22.

Premier Quality Starch PCL Days Inventory Historical Data

The historical data trend for Premier Quality Starch 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.

Premier Quality Starch PCL Days Inventory Chart

Premier Quality Starch PCL Annual Data

Trend

Dec20

Dec21

Days Inventory

54.53

35.56

Premier Quality Starch PCL Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	20.34	28.22	24.02

Competitive Comparison of Premier Quality Starch PCL's Days Inventory

For the Farm Products subindustry, Premier Quality Starch 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.

Premier Quality Starch PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Premier Quality Starch PCL's Days Inventory falls into.

Premier Quality Starch PCL Days Inventory Calculation

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

Premier Quality Starch PCL's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (156.966	+	166.78)	/	2 )	/	1661.358	*	365
=	161.873					/	1661.358	*	365
=	35.56

Premier Quality Starch 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
=	( (49.753	+	178.698)	/	2 )	/	433.947	*	365 / 4
=	114.2255					/	433.947	*	365 / 4
=	24.02

Premier Quality Starch PCL (BKK:PQS) 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.

Premier Quality Starch PCL's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	433.947	/	114.2255
	=	3.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	114.2255	/	518.935
	=	0.22

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.

Premier Quality Starch PCL Days Inventory Related Terms

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

Premier Quality Starch PCL (BKK:PQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premier Quality Starch PCL (BKK:PQS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

185 Moo 14, Kham Pa Lai, Mueang Mukdahan, Mukdahan, THA, 49000

Website

https://www.pqstarch.com

Premier Quality Starch PCL is engaged in the manufacturing and distribution of native starch, modified starch, and all kind of processed starch. The company is also engaged in The production and distribution of electricity generated from biogas and rooftop solar power. The majority of revenue is derived from the Production and distribution of tapioca starch.

Premier Quality Starch PCL (BKK:PQS) Headlines

No Headlines