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POSCO-Thainox PCL (BKK:INOX) Days Inventory : 138.83 (As of Dec. 2023)


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What is POSCO-Thainox PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). POSCO-Thainox PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿4,205 Mil. POSCO-Thainox PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿2,764 Mil. Hence, POSCO-Thainox PCL's Days Inventory for the three months ended in Dec. 2023 was 138.83.

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

BKK:INOX' s Days Inventory Range Over the Past 10 Years
Min: 71.29   Med: 92.61   Max: 119.05
Current: 117.31

During the past 13 years, POSCO-Thainox PCL's highest Days Inventory was 119.05. The lowest was 71.29. And the median was 92.61.

BKK:INOX's Days Inventory is ranked worse than
68.76% of 573 companies
in the Steel industry
Industry Median: 85.66 vs BKK:INOX: 117.31

POSCO-Thainox PCL's Days Inventory increased from Dec. 2022 (89.96) to Dec. 2023 (138.83). It might indicate that POSCO-Thainox PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. POSCO-Thainox PCL's Inventory Turnover for the three months ended in Dec. 2023 was 0.66.

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. POSCO-Thainox PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.51.


POSCO-Thainox PCL Days Inventory Historical Data

The historical data trend for POSCO-Thainox 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.

POSCO-Thainox PCL Days Inventory Chart

POSCO-Thainox 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 95.93 100.65 79.30 71.29 113.55

POSCO-Thainox 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 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 89.96 83.48 133.56 135.13 138.83

Competitive Comparison of POSCO-Thainox PCL's Days Inventory

For the Steel subindustry, POSCO-Thainox 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.


POSCO-Thainox PCL's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where POSCO-Thainox PCL's Days Inventory falls into.



POSCO-Thainox PCL Days Inventory Calculation

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

POSCO-Thainox 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
=( (4383.939 + 4176.782) / 2 ) / 13758.97*365
=4280.3605 / 13758.97*365
=113.55

POSCO-Thainox 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
=( (4232.488 + 4176.782) / 2 ) / 2763.568*365 / 4
=4204.635 / 2763.568*365 / 4
=138.83

* 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.


POSCO-Thainox PCL  (BKK:INOX) 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.

POSCO-Thainox PCL's Inventory Turnover for the three months ended in Dec. 2023 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.

POSCO-Thainox PCL's Inventory to Revenue for the three months ended in Dec. 2023 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.


POSCO-Thainox PCL Days Inventory Related Terms

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


POSCO-Thainox PCL (BKK:INOX) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 622 Emporium Tower, Floor 15/6-8, Klongton, Klongtoey, Bangkok, THA, 10110
POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries. Its segment consists of production and sale of cold-rolled stainless steel in the domestic market from where it earns the majority of the revenue.

POSCO-Thainox PCL (BKK:INOX) Headlines

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