Workpoint Entertainment PCL (BKK:WORK) Days Inventory : 20.43 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Workpoint Entertainment PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Workpoint Entertainment PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿97 Mil. Workpoint Entertainment PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿431 Mil. Hence, Workpoint Entertainment PCL's Days Inventory for the three months ended in Mar. 2024 was 20.43.

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

BKK:WORK' s Days Inventory Range Over the Past 10 Years
Min: 13.59 Med: 23.45 Max: 28.83
Current: 22.06

During the past 13 years, Workpoint Entertainment PCL's highest Days Inventory was 28.83. The lowest was 13.59. And the median was 23.45.

BKK:WORK's Days Inventory is ranked better than
52.88% of 660 companies
in the Media - Diversified industry
Industry Median: 26.41 vs BKK:WORK: 22.06

Workpoint Entertainment PCL's Days Inventory declined from Mar. 2023 (23.54) to Mar. 2024 (20.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Workpoint Entertainment PCL's Inventory Turnover for the three months ended in Mar. 2024 was 4.47.

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. Workpoint Entertainment PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.17.

Workpoint Entertainment PCL Days Inventory Historical Data

The historical data trend for Workpoint Entertainment 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.

Workpoint Entertainment PCL Days Inventory Chart

Workpoint Entertainment PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

23.79

27.34

20.54

25.21

28.83

Workpoint Entertainment PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															23.54	22.13	25.23	25.80	20.43

Competitive Comparison of Workpoint Entertainment PCL's Days Inventory

For the Entertainment subindustry, Workpoint Entertainment 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.

Workpoint Entertainment PCL's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Workpoint Entertainment PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Workpoint Entertainment PCL's Days Inventory falls into.

Workpoint Entertainment PCL Days Inventory Calculation

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

Workpoint Entertainment 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
=	( (165.426	+	116.007)	/	2 )	/	1781.607	*	365
=	140.7165					/	1781.607	*	365
=	28.83

Workpoint Entertainment 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
=	( (116.007	+	77.171)	/	2 )	/	431.462	*	365 / 4
=	96.589					/	431.462	*	365 / 4
=	20.43

Workpoint Entertainment PCL (BKK:WORK) 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.

Workpoint Entertainment PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	431.462	/	96.589
	=	4.47

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.

Workpoint Entertainment PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	96.589	/	557.728
	=	0.17

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.

Workpoint Entertainment PCL Days Inventory Related Terms

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

Workpoint Entertainment PCL (BKK:WORK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Workpoint Entertainment PCL (BKK:WORK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WORK-F:Thailand

Address

99 Moo 2, Tambon Bang Poon, Amphoe Muang Pathum Thani, Pathum thani, THA, 12000

Website

https://www.workpoint.co.th

Workpoint Entertainment PCL is a broadcast television company. The activities of the Group are digital television broadcasting and the production of television programs, animation and computer graphics, movies, concerts and plays, event marketing and sale of goods and services related to the businesses. The company has five segments which are Business of television programs, Business of movies, Business of concerts and plays, Business of event marketing and Business of sale of goods and rendering of other services. It derives majority of the revenue from Business of television programs segment. The majority of revenue comes from Thailand.