Sahaviriya Steel Industries (BKK:SSI-R) Days Inventory : 135.08 (As of Dec. 2019)

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What is Sahaviriya Steel Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sahaviriya Steel Industries's Average Total Inventories for the six months ended in Dec. 2019 was ฿8,067.07 Mil. Sahaviriya Steel Industries's Cost of Goods Sold for the six months ended in Dec. 2019 was ฿10,899.35 Mil. Hence, Sahaviriya Steel Industries's Days Inventory for the six months ended in Dec. 2019 was 135.08.

The historical rank and industry rank for Sahaviriya Steel Industries's Days Inventory or its related term are showing as below:

BKK:SSI-R' s Days Inventory Range Over the Past 10 Years
Min: 101.32 Med: 117.45 Max: 180.23
Current: 125.08

During the past 13 years, Sahaviriya Steel Industries's highest Days Inventory was 180.23. The lowest was 101.32. And the median was 117.45.

BKK:SSI-R's Days Inventory is not ranked
in the Steel industry.
Industry Median: 85.95 vs BKK:SSI-R: 125.08

Sahaviriya Steel Industries's Days Inventory increased from Dec. 2018 (110.38) to Dec. 2019 (135.08). It might indicate that Sahaviriya Steel Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sahaviriya Steel Industries's Inventory Turnover for the six months ended in Dec. 2019 was 1.35.

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. Sahaviriya Steel Industries's Inventory-to-Revenue for the six months ended in Dec. 2019 was 0.78.

Sahaviriya Steel Industries Days Inventory Historical Data

The historical data trend for Sahaviriya Steel Industries'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.

Sahaviriya Steel Industries Days Inventory Chart

Sahaviriya Steel Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Inventory

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150.72

113.60

115.96

106.18

124.58

Sahaviriya Steel Industries Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Days Inventory	Get a 7-Day Free Trial															110.97	100.48	110.38	117.85	135.08

Competitive Comparison of Sahaviriya Steel Industries's Days Inventory

For the Steel subindustry, Sahaviriya Steel Industries'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.

Sahaviriya Steel Industries's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where Sahaviriya Steel Industries's Days Inventory falls into.

Sahaviriya Steel Industries Days Inventory Calculation

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

Sahaviriya Steel Industries's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (9672.926	+	7463.701)	/	2 )	/	25102.857	*	365
=	8568.3135					/	25102.857	*	365
=	124.58

Sahaviriya Steel Industries's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

	Days Inventory (Q: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (8670.436	+	7463.701)	/	2 )	/	10899.352	*	365 / 2
=	8067.0685					/	10899.352	*	365 / 2
=	135.08

Sahaviriya Steel Industries (BKK:SSI-R) 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.

Sahaviriya Steel Industries's Inventory Turnover for the six months ended in Dec. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10899.352	/	8067.0685
	=	1.35

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.

Sahaviriya Steel Industries's Inventory to Revenue for the six months ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8067.0685	/	10304.572
	=	0.78

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.

Sahaviriya Steel Industries Days Inventory Related Terms

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

Sahaviriya Steel Industries (BKK:SSI-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahaviriya Steel Industries PLC (BKK:SSI-R) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500

Website

http://www.ssi-steel.com

Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

Sahaviriya Steel Industries (BKK:SSI-R) Headlines

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