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Advice IT Infinite PCL (BKK:ADVICE) Days Inventory : 36.01 (As of Sep. 2023)


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What is Advice IT Infinite PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advice IT Infinite PCL's Average Total Inventories for the three months ended in Sep. 2023 was ฿1,291 Mil. Advice IT Infinite PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿3,272 Mil. Hence, Advice IT Infinite PCL's Days Inventory for the three months ended in Sep. 2023 was 36.01.

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

BKK:ADVICE' s Days Inventory Range Over the Past 10 Years
Min: 28.9   Med: 31.67   Max: 77.35
Current: 77.35

During the past 3 years, Advice IT Infinite PCL's highest Days Inventory was 77.35. The lowest was 28.90. And the median was 31.67.

BKK:ADVICE's Days Inventory is ranked better than
65.21% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs BKK:ADVICE: 77.35

Advice IT Infinite PCL's Days Inventory increased from . 20 (0.00) to Sep. 2023 (36.01). It might indicate that Advice IT Infinite PCL's sales slowed down.

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. Advice IT Infinite PCL's Inventory Turnover for the three months ended in Sep. 2023 was 2.53.

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. Advice IT Infinite PCL's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.36.

Advice IT Infinite PCL Days Inventory Historical Data

The historical data trend for Advice IT Infinite 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.

Advice IT Infinite PCL Days Inventory Chart

Advice IT Infinite PCL Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
- 28.90 34.44

Advice IT Infinite PCL Quarterly Data
Dec21 Sep22 Dec22 Sep23
Days Inventory - 34.69 39.89 36.01

Competitive Comparison of Advice IT Infinite PCL's Days Inventory

For the Electronics & Computer Distribution subindustry, Advice IT Infinite 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.

Advice IT Infinite PCL's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advice IT Infinite PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advice IT Infinite PCL's Days Inventory falls into.


Advice IT Infinite PCL Days Inventory Calculation

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

Advice IT Infinite PCL's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1250.362 + 1232.677) / 2 ) / 13159.055*365
=1241.5195 / 13159.055*365
=34.44

Advice IT Infinite PCL's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1232.677 + 1349.331) / 2 ) / 3271.76*365 / 4
=1291.004 / 3271.76*365 / 4
=36.01

* 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.

Advice IT Infinite PCL  (BKK:ADVICE) 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.

Advice IT Infinite PCL's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3271.76 / 1291.004
=2.53

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.

Advice IT Infinite PCL's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1291.004 / 3586.388
=0.36

* 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.

Advice IT Infinite PCL Days Inventory Related Terms

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Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advice IT Infinite PCL (BKK:ADVICE) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA
Website
https://www.advice.co.th
Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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