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Thai Nondestructive Testing PCL (BKK:TNDT) Days Inventory : 16.96 (As of Mar. 2024)


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What is Thai Nondestructive Testing PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Nondestructive Testing PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿7.8 Mil. Thai Nondestructive Testing PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿41.7 Mil. Hence, Thai Nondestructive Testing PCL's Days Inventory for the three months ended in Mar. 2024 was 16.96.

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

BKK:TNDT' s Days Inventory Range Over the Past 10 Years
Min: 7.9   Med: 11.13   Max: 22.27
Current: 12.39

During the past 13 years, Thai Nondestructive Testing PCL's highest Days Inventory was 22.27. The lowest was 7.90. And the median was 11.13.

BKK:TNDT's Days Inventory is ranked better than
73.76% of 1391 companies
in the Construction industry
Industry Median: 48.75 vs BKK:TNDT: 12.39

Thai Nondestructive Testing PCL's Days Inventory increased from Mar. 2023 (11.80) to Mar. 2024 (16.96). It might indicate that Thai Nondestructive Testing PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Nondestructive Testing PCL's Inventory Turnover for the three months ended in Mar. 2024 was 5.38.

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 Nondestructive Testing PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.11.


Thai Nondestructive Testing PCL Days Inventory Historical Data

The historical data trend for Thai Nondestructive Testing 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 Nondestructive Testing PCL Days Inventory Chart

Thai Nondestructive Testing 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 8.57 9.56 10.34 11.79 12.24

Thai Nondestructive Testing 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 11.80 12.06 10.97 11.73 16.96

Competitive Comparison of Thai Nondestructive Testing PCL's Days Inventory

For the Engineering & Construction subindustry, Thai Nondestructive Testing 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 Nondestructive Testing PCL's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thai Nondestructive Testing PCL's Days Inventory distribution charts can be found below:

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



Thai Nondestructive Testing PCL Days Inventory Calculation

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

Thai Nondestructive Testing 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
=( (5.861 + 7.906) / 2 ) / 205.225*365
=6.8835 / 205.225*365
=12.24

Thai Nondestructive Testing 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
=( (7.906 + 7.602) / 2 ) / 41.717*365 / 4
=7.754 / 41.717*365 / 4
=16.96

* 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.


Thai Nondestructive Testing PCL  (BKK:TNDT) 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 Nondestructive Testing 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.

Thai Nondestructive Testing 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.


Thai Nondestructive Testing PCL Days Inventory Related Terms

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


Thai Nondestructive Testing PCL (BKK:TNDT) Business Description

Traded in Other Exchanges
N/A
Address
Ramkamhaeng Road, 19 Soi Ramkamhaeng 60 Intersection 8 (Suanson 8), Huamark, Bangkapi, Bangkok, THA, 10240
Thai Nondestructive Testing PCL engages in providing technical services and operates engineering inspection and testing through non-destructive techniques. It operates in the segments of Non-Destructive Testing Services and Inspection Services for Pressure Vessel and Solar PV Rooftop. Its Non-Destructive Testing Services segment which earns majority revenue provides conventional and advanced testing services, which are applied to pressure vessels, heat exchangers, boilers, piping and structures in the fields of oil refineries, power plants, petrochemical plants, ship buildings, offshore, bridges and building constructions, and other heavy industries.

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