Kang Yong Electric PCL (BKK:KYE) Days Inventory : 42.11 (As of Mar. 2024)

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What is Kang Yong Electric PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kang Yong Electric PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿823 Mil. Kang Yong Electric PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,783 Mil. Hence, Kang Yong Electric PCL's Days Inventory for the three months ended in Mar. 2024 was 42.11.

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

BKK:KYE' s Days Inventory Range Over the Past 10 Years
Min: 41.69 Med: 49.15 Max: 58.14
Current: 57.5

During the past 13 years, Kang Yong Electric PCL's highest Days Inventory was 58.14. The lowest was 41.69. And the median was 49.15.

BKK:KYE's Days Inventory is ranked better than
80.65% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs BKK:KYE: 57.50

Kang Yong Electric PCL's Days Inventory declined from Mar. 2023 (61.81) to Mar. 2024 (42.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kang Yong Electric PCL's Inventory Turnover for the three months ended in Mar. 2024 was 2.17.

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. Kang Yong Electric PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.

Kang Yong Electric PCL Days Inventory Historical Data

The historical data trend for Kang Yong Electric 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.

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Kang Yong Electric PCL Days Inventory Chart

Kang Yong Electric PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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46.47

41.69

49.22

58.14

58.12

Kang Yong Electric 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															61.81	62.96	59.22	69.70	42.11

Competitive Comparison of Kang Yong Electric PCL's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Kang Yong Electric 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.

Kang Yong Electric PCL's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kang Yong Electric PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kang Yong Electric PCL's Days Inventory falls into.

Kang Yong Electric PCL Days Inventory Calculation

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

Kang Yong Electric PCL's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1271.354	+	722.376)	/	2 )	/	6260.172	*	365
=	996.865					/	6260.172	*	365
=	58.12

Kang Yong Electric 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
=	( (923.559	+	722.376)	/	2 )	/	1783.143	*	365 / 4
=	822.9675					/	1783.143	*	365 / 4
=	42.11

Kang Yong Electric PCL (BKK:KYE) 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.

Kang Yong Electric PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1783.143	/	822.9675
	=	2.17

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.

Kang Yong Electric PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	822.9675	/	1904.982
	=	0.43

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.

Kang Yong Electric PCL Days Inventory Related Terms

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

Kang Yong Electric PCL (BKK:KYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kang Yong Electric PCL (BKK:KYE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Moo 11, Debaratna Road, K.M.20, Samutprakarn, Bangplee, Bangchalong, THA, 10540

Website

https://www.mitsubishi-kye.com

Kang Yong Electric PCL manufactures and distributes household electrical appliances under the tradename Mitsubishi. The company operates in three segments: Sale of goods and rendering of services in Thailand, Sale of goods in Japan, and Sale of goods in other countries. Its products include refrigerators, electric fans, ventilating fans, water pumps, and hand dryers.