GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ziga Innovation PCL (BKK:ZIGA) » Definitions » Days Inventory

Ziga Innovation PCL (BKK:ZIGA) Days Inventory : 120.05 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ziga Innovation PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ziga Innovation PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿175.3 Mil. Ziga Innovation PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿133.3 Mil. Hence, Ziga Innovation PCL's Days Inventory for the three months ended in Mar. 2024 was 120.05.

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

BKK:ZIGA' s Days Inventory Range Over the Past 10 Years
Min: 123.51   Med: 133.53   Max: 226.97
Current: 129.07

During the past 10 years, Ziga Innovation PCL's highest Days Inventory was 226.97. The lowest was 123.51. And the median was 133.53.

BKK:ZIGA's Days Inventory is ranked worse than
72.38% of 572 companies
in the Steel industry
Industry Median: 87.485 vs BKK:ZIGA: 129.07

Ziga Innovation PCL's Days Inventory increased from Mar. 2023 (104.16) to Mar. 2024 (120.05). It might indicate that Ziga Innovation PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ziga Innovation PCL's Inventory Turnover for the three months ended in Mar. 2024 was 0.76.

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. Ziga Innovation PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.05.


Ziga Innovation PCL Days Inventory Historical Data

The historical data trend for Ziga Innovation 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.

Ziga Innovation PCL Days Inventory Chart

Ziga Innovation PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.76 129.93 194.83 133.53 123.51

Ziga Innovation 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 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 104.16 150.50 116.56 128.66 120.05

Competitive Comparison of Ziga Innovation PCL's Days Inventory

For the Steel subindustry, Ziga Innovation 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.


Ziga Innovation PCL's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ziga Innovation PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ziga Innovation PCL's Days Inventory falls into.



Ziga Innovation PCL Days Inventory Calculation

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

Ziga Innovation 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
=( (249.282 + 188.622) / 2 ) / 647.043*365
=218.952 / 647.043*365
=123.51

Ziga Innovation 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
=( (188.622 + 162.052) / 2 ) / 133.274*365 / 4
=175.337 / 133.274*365 / 4
=120.05

* 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.


Ziga Innovation PCL  (BKK:ZIGA) 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.

Ziga Innovation PCL's Inventory Turnover for the three months ended in Mar. 2024 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.

Ziga Innovation PCL's Inventory to Revenue for the three months ended in Mar. 2024 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.


Ziga Innovation PCL Days Inventory Related Terms

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


Ziga Innovation PCL (BKK:ZIGA) Business Description

Traded in Other Exchanges
N/A
Address
Phachautit Road, Naiklongbangplakod, 999/9, 10, 11 Moo 9 Soi Pornpattana, Phasamudjedee, Samutprakarn, THA, 10290
Ziga Innovation PCL is a steel manufacturer. It is engaged in the manufacturing and trading of steel conduits for electrical wiring systems and steel piping for construction and real estate businesses. Its segment includes wholesale and retail. It derives majority of its revenues from the wholesale segment. The company operates in Thailand.

Ziga Innovation PCL (BKK:ZIGA) Headlines

No Headlines