Thai President Foods PCL (BKK:TFMAMA) Days Inventory : 44.26 (As of Dec. 2023)

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What is Thai President Foods PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai President Foods PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿2,334 Mil. Thai President Foods PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿4,812 Mil. Hence, Thai President Foods PCL's Days Inventory for the three months ended in Dec. 2023 was 44.26.

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

BKK:TFMAMA' s Days Inventory Range Over the Past 10 Years
Min: 31.45 Med: 34.81 Max: 50.34
Current: 50.34

During the past 13 years, Thai President Foods PCL's highest Days Inventory was 50.34. The lowest was 31.45. And the median was 34.81.

BKK:TFMAMA's Days Inventory is ranked better than
75.83% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs BKK:TFMAMA: 50.34

Thai President Foods PCL's Days Inventory declined from Dec. 2022 (49.99) to Dec. 2023 (44.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai President Foods PCL's Inventory Turnover for the three months ended in Dec. 2023 was 2.06.

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. Thai President Foods PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.32.

Thai President Foods PCL Days Inventory Historical Data

The historical data trend for Thai President Foods 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.

Thai President Foods PCL Days Inventory Chart

Thai President Foods PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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33.76

35.34

37.67

44.40

47.69

Thai President Foods 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															49.99	52.17	55.45	52.46	44.26

Competitive Comparison of Thai President Foods PCL's Days Inventory

For the Packaged Foods subindustry, Thai President Foods 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.

Thai President Foods PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai President Foods PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai President Foods PCL's Days Inventory falls into.

Thai President Foods PCL Days Inventory Calculation

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

Thai President Foods 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
=	( (2685.219	+	2203.65)	/	2 )	/	18707.189	*	365
=	2444.4345					/	18707.189	*	365
=	47.69

Thai President Foods 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
=	( (2464.208	+	2203.65)	/	2 )	/	4812.162	*	365 / 4
=	2333.929					/	4812.162	*	365 / 4
=	44.26

Thai President Foods PCL (BKK:TFMAMA) 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.

Thai President Foods PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4812.162	/	2333.929
	=	2.06

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.

Thai President Foods PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2333.929	/	7260.508
	=	0.32

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.

Thai President Foods PCL Days Inventory Related Terms

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

Thai President Foods PCL (BKK:TFMAMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai President Foods PCL (BKK:TFMAMA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, THA, 10240

Website

https://www.mama.co.th

Thai President Foods PCL is a Thailand-based manufacturer and distributor of instant noodles, semi-instant foods, and biscuit products. Some of its brands include Mama, Ruski, Bissin, Thai Chef, and Bamee. It operates in six segments: Instant noodles and semi-instant foods, Biscuits, Bakery, Packaging, Fruit Juice, and Others, of which a majority of the revenue is derived from the Instant noodles segment. Geographically, it generates most of its revenue from the domestic market.

Thai President Foods PCL (BKK:TFMAMA) Headlines

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