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Krungthai Car Rent And Lease PCL (BKK:KCAR) Days Inventory : 58.27 (As of Mar. 2024)


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What is Krungthai Car Rent And Lease PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Krungthai Car Rent And Lease PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿256 Mil. Krungthai Car Rent And Lease PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿401 Mil. Hence, Krungthai Car Rent And Lease PCL's Days Inventory for the three months ended in Mar. 2024 was 58.27.

The historical rank and industry rank for Krungthai Car Rent And Lease PCL's Days Inventory or its related term are showing as below:

BKK:KCAR' s Days Inventory Range Over the Past 10 Years
Min: 32.34   Med: 41.34   Max: 53.75
Current: 49.27

During the past 13 years, Krungthai Car Rent And Lease PCL's highest Days Inventory was 53.75. The lowest was 32.34. And the median was 41.34.

BKK:KCAR's Days Inventory is ranked worse than
59.09% of 682 companies
in the Business Services industry
Industry Median: 30.305 vs BKK:KCAR: 49.27

Krungthai Car Rent And Lease PCL's Days Inventory increased from Mar. 2023 (36.43) to Mar. 2024 (58.27). It might indicate that Krungthai Car Rent And Lease PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Krungthai Car Rent And Lease PCL's Inventory Turnover for the three months ended in Mar. 2024 was 1.57.

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. Krungthai Car Rent And Lease PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.54.


Krungthai Car Rent And Lease PCL Days Inventory Historical Data

The historical data trend for Krungthai Car Rent And Lease 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.

Krungthai Car Rent And Lease PCL Days Inventory Chart

Krungthai Car Rent And Lease 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 48.11 40.03 32.34 33.09 42.64

Krungthai Car Rent And Lease 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 36.43 39.98 45.15 51.32 58.27

Competitive Comparison of Krungthai Car Rent And Lease PCL's Days Inventory

For the Rental & Leasing Services subindustry, Krungthai Car Rent And Lease 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.


Krungthai Car Rent And Lease PCL's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Krungthai Car Rent And Lease PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Krungthai Car Rent And Lease PCL's Days Inventory falls into.



Krungthai Car Rent And Lease PCL Days Inventory Calculation

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

Krungthai Car Rent And Lease 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
=( (166.754 + 222.313) / 2 ) / 1665.395*365
=194.5335 / 1665.395*365
=42.64

Krungthai Car Rent And Lease 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
=( (222.313 + 290.458) / 2 ) / 401.483*365 / 4
=256.3855 / 401.483*365 / 4
=58.27

* 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.


Krungthai Car Rent And Lease PCL  (BKK:KCAR) 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.

Krungthai Car Rent And Lease 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.

Krungthai Car Rent And Lease 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.


Krungthai Car Rent And Lease PCL Days Inventory Related Terms

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


Krungthai Car Rent And Lease PCL (BKK:KCAR) Business Description

Traded in Other Exchanges
N/A
Address
No. 455/1 Rama 3 Road, Kwang Bangklo, Khet Bangkorlaem, Bangkok, THA, 10120
Krungthai Car Rent And Lease PCL are engaged in the rental business. It is engaged in operating lease in car rental business and selling of used cars. In addition, the company offers car maintenance services, such as fitting and repairing services. It operates in the following segments; Car rent of operating segment and the Used car distribution segment. The firm generates maximum revenue from its Car rent of operating segment. It caters its services to corporate clients, including government agencies and private companies, as well as individual clients. Its vehicle models for rentals include economy, compact, intermediate and sports utility vehicles.

Krungthai Car Rent And Lease PCL (BKK:KCAR) Headlines

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