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Modernform Group PCL (BKK:MODERN) Days Inventory : 220.55 (As of Dec. 2023)


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What is Modernform Group PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Modernform Group PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿1,055 Mil. Modernform Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿436 Mil. Hence, Modernform Group PCL's Days Inventory for the three months ended in Dec. 2023 was 220.55.

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

BKK:MODERN' s Days Inventory Range Over the Past 10 Years
Min: 193.03   Med: 212.53   Max: 247.26
Current: 239.04

During the past 13 years, Modernform Group PCL's highest Days Inventory was 247.26. The lowest was 193.03. And the median was 212.53.

BKK:MODERN's Days Inventory is ranked worse than
90.39% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.195 vs BKK:MODERN: 239.04

Modernform Group PCL's Days Inventory declined from Dec. 2022 (222.09) to Dec. 2023 (220.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Modernform Group PCL's Inventory Turnover for the three months ended in Dec. 2023 was 0.41.

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. Modernform Group PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.63.


Modernform Group PCL Days Inventory Historical Data

The historical data trend for Modernform Group 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.

Modernform Group PCL Days Inventory Chart

Modernform Group 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 217.14 199.50 246.79 247.26 233.27

Modernform Group 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 222.09 294.03 250.75 209.30 220.55

Competitive Comparison of Modernform Group PCL's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.


Modernform Group PCL's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Modernform Group PCL's Days Inventory falls into.



Modernform Group PCL Days Inventory Calculation

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

Modernform Group 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
=( (1176.256 + 1031.641) / 2 ) / 1727.342*365
=1103.9485 / 1727.342*365
=233.27

Modernform Group 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
=( (1078.371 + 1031.641) / 2 ) / 436.49*365 / 4
=1055.006 / 436.49*365 / 4
=220.55

* 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.


Modernform Group PCL  (BKK:MODERN) 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.

Modernform Group 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.

Modernform Group 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.


Modernform Group PCL Days Inventory Related Terms

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


Modernform Group PCL (BKK:MODERN) Business Description

Traded in Other Exchanges
N/A
Address
699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250
Modernform Group PCL is a Thailand-based company, involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business of which furniture business accounts for the majority of revenue. Its furniture business consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.

Modernform Group PCL (BKK:MODERN) Headlines

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