WP Energy PCL (BKK:WP) Days Inventory : 8.41 (As of Dec. 2023)

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What is WP Energy PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WP Energy PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿417 Mil. WP Energy PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿4,531 Mil. Hence, WP Energy PCL's Days Inventory for the three months ended in Dec. 2023 was 8.41.

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

BKK:WP' s Days Inventory Range Over the Past 10 Years
Min: 2.27 Med: 6.58 Max: 18.28
Current: 8.87

During the past 10 years, WP Energy PCL's highest Days Inventory was 18.28. The lowest was 2.27. And the median was 6.58.

BKK:WP's Days Inventory is ranked better than
73.81% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.295 vs BKK:WP: 8.87

WP Energy PCL's Days Inventory declined from Dec. 2022 (8.47) to Dec. 2023 (8.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. WP Energy PCL's Inventory Turnover for the three months ended in Dec. 2023 was 10.86.

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. WP Energy PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

WP Energy PCL Days Inventory Historical Data

The historical data trend for WP Energy 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.

WP Energy PCL Days Inventory Chart

WP Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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4.94

8.21

10.11

9.12

9.34

WP Energy PCL Quarterly Data
	Mar19	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															8.47	9.06	9.14	8.44	8.41

Competitive Comparison of WP Energy PCL's Days Inventory

For the Utilities - Regulated Gas subindustry, WP Energy 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.

WP Energy PCL's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WP Energy PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where WP Energy PCL's Days Inventory falls into.

WP Energy PCL Days Inventory Calculation

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

WP Energy 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
=	( (425.112	+	457.998)	/	2 )	/	17260.655	*	365
=	441.555					/	17260.655	*	365
=	9.34

WP Energy 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
=	( (376.844	+	457.998)	/	2 )	/	4531.41	*	365 / 4
=	417.421					/	4531.41	*	365 / 4
=	8.41

WP Energy PCL (BKK:WP) 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.

WP Energy PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4531.41	/	417.421
	=	10.86

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.

WP Energy PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	417.421	/	4699.107
	=	0.09

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.

WP Energy PCL Days Inventory Related Terms

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

WP Energy PCL (BKK:WP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WP Energy PCL (BKK:WP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

1 East Water Buildings 15th Floor, Soi Viphavadi Rangsit 5, Vibhavadi Rangsit Road, Chom Pon Sub-district, Chatuchak district, Bangkok, THA, 10900

Website

https://www.wp-energy.co.th

WP Energy PCL is a Thailand-based company engaged in trading of Liquefied Petroleum Gas (LPG), and transportation of oil, gas, and chemical substances. The company distributes its liquefied petroleum gas cylinders to filling plants, gas retail shops, and gas users in commercial and household sectors. It derives a majority of revenue from the trading of Liquefied Petroleum Gas (LPG) activity. The group generates majority of the revenue from Thailand.