Yong Concrete PCL (BKK:YONG) Days Inventory : 59.95 (As of Mar. 2024)

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What is Yong Concrete PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yong Concrete PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿138 Mil. Yong Concrete PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿209 Mil. Hence, Yong Concrete PCL's Days Inventory for the three months ended in Mar. 2024 was 59.95.

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

BKK:YONG' s Days Inventory Range Over the Past 10 Years
Min: 59.75 Med: 67.28 Max: 73.61
Current: 66.46

During the past 4 years, Yong Concrete PCL's highest Days Inventory was 73.61. The lowest was 59.75. And the median was 67.28.

BKK:YONG's Days Inventory is ranked better than
62.87% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs BKK:YONG: 66.46

Yong Concrete PCL's Days Inventory declined from Mar. 2023 (67.66) to Mar. 2024 (59.95).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yong Concrete PCL's Inventory Turnover for the three months ended in Mar. 2024 was 1.52.

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. Yong Concrete PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.46.

Yong Concrete PCL Days Inventory Historical Data

The historical data trend for Yong Concrete 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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Yong Concrete PCL Days Inventory Chart

Yong Concrete PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

59.75

73.61

71.69

62.87

Yong Concrete PCL Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial								67.66	72.40	63.39	66.74	59.95

Competitive Comparison of Yong Concrete PCL's Days Inventory

For the Building Materials subindustry, Yong Concrete 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.

Yong Concrete PCL's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yong Concrete PCL's Days Inventory distribution charts can be found below:

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

Yong Concrete PCL Days Inventory Calculation

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

Yong Concrete 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
=	( (126.148	+	148.213)	/	2 )	/	796.442	*	365
=	137.1805					/	796.442	*	365
=	62.87

Yong Concrete 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
=	( (148.213	+	126.877)	/	2 )	/	209.369	*	365 / 4
=	137.545					/	209.369	*	365 / 4
=	59.95

Yong Concrete PCL (BKK:YONG) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	209.369	/	137.545
	=	1.52

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	137.545	/	298.138
	=	0.46

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.

Yong Concrete PCL Days Inventory Related Terms

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

Yong Concrete PCL (BKK:YONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Yong Concrete PCL (BKK:YONG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

148/9 Moo 3, Wangkanai Subdistrict, Tha Muang District, Kanchanaburi, THA, 71110

Website

https://www.yongconcrete.co.th

Yong Concrete PCL manufactures and distributes precast concrete products such as precast structures, beams, columns and walls, precast concrete, fence, concrete power pole, stone edge, prestressed concrete pipe and prefabricated concrete slabs.

Yong Concrete PCL (BKK:YONG) Headlines

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