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Mitsib Leasing PCL (BKK:MITSIB) Days Inventory : 46.08 (As of Dec. 2023)


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What is Mitsib Leasing PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsib Leasing PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿45.7 Mil. Mitsib Leasing PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿90.4 Mil. Hence, Mitsib Leasing PCL's Days Inventory for the three months ended in Dec. 2023 was 46.08.

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

BKK:MITSIB' s Days Inventory Range Over the Past 10 Years
Min: 45.91   Med: 66.25   Max: 111.82
Current: 45.91

During the past 10 years, Mitsib Leasing PCL's highest Days Inventory was 111.82. The lowest was 45.91. And the median was 66.25.

BKK:MITSIB's Days Inventory is ranked better than
79.28% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs BKK:MITSIB: 45.91

Mitsib Leasing PCL's Days Inventory increased from Dec. 2022 (39.87) to Dec. 2023 (46.08). It might indicate that Mitsib Leasing PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsib Leasing PCL's Inventory Turnover for the three months ended in Dec. 2023 was 1.98.

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. Mitsib Leasing PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


Mitsib Leasing PCL Days Inventory Historical Data

The historical data trend for Mitsib Leasing 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.

Mitsib Leasing PCL Days Inventory Chart

Mitsib Leasing 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 79.43 111.82 69.28 54.51 46.70

Mitsib Leasing 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 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 39.87 37.80 49.87 49.97 46.08

Competitive Comparison of Mitsib Leasing PCL's Days Inventory

For the Auto & Truck Dealerships subindustry, Mitsib Leasing 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.


Mitsib Leasing PCL's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsib Leasing PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsib Leasing PCL's Days Inventory falls into.



Mitsib Leasing PCL Days Inventory Calculation

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

Mitsib Leasing 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
=( (38.941 + 54.502) / 2 ) / 365.148*365
=46.7215 / 365.148*365
=46.70

Mitsib Leasing 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
=( (36.808 + 54.502) / 2 ) / 90.408*365 / 4
=45.655 / 90.408*365 / 4
=46.08

* 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.


Mitsib Leasing PCL  (BKK:MITSIB) 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.

Mitsib Leasing PCL's Inventory Turnover for the three months ended in Dec. 2023 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.

Mitsib Leasing PCL's Inventory to Revenue for the three months ended in Dec. 2023 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.


Mitsib Leasing PCL Days Inventory Related Terms

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


Mitsib Leasing PCL (BKK:MITSIB) Business Description

Traded in Other Exchanges
N/A
Address
No. 895-6 Moo 5, Srinakarin Road, Samrong Nuea Subdistrict, Mueang Samutprakan District, Samut Prakan, Bangkok, THA, 10270
Mitsib Leasing PCL are hire purchase and factoring. The company is engaged in the sale of cars and providing maintenance services of public transportations and providing retail loan to customers. The Group operates in four businesses which are sale of cars, hire purchase, factoring and other lending. Geographically, it operates only in Thailand.

Mitsib Leasing PCL (BKK:MITSIB) Headlines

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