Days Inventory is also known as Days Sales of Inventory (DSI). Forth PCL's Average Total Inventories for the
three
months ended in Dec. 2023 was ฿1,885 Mil. Forth PCL's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ฿1,431 Mil.
Hence, Forth PCL's Days Inventory for the
three
months ended in Dec. 2023 was 120.19.
The historical rank and industry rank for Forth PCL's Days Inventory or its related term are showing as below:
BKK:FORTH-R'
s Days Inventory Range Over the Past 10 Years
Min: 62.54 Med: 84.16 Max: 108.11
Current: 103.32
During the past 13 years, Forth PCL's highest Days Inventory was 108.11. The lowest was 62.54. And the median was 84.16.
BKK:FORTH-R's Days Inventory is ranked worse than 50.52% of 2407
companies
in the Hardware industry
Industry Median: 102.45
vs BKK:FORTH-R: 103.32
Forth PCL's Days Inventory
increased
from Dec. 2022 (96.79) to Dec. 2023 (120.19).
It might indicate that Forth PCL's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Forth PCL's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.76.
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.
Forth PCL's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.98.
Forth PCL Days Inventory Historical Data
The historical data trend for Forth 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.
Competitive Comparison of Forth PCL's Days Inventory
For the Electronic Components subindustry, Forth 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.
Forth PCL's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Forth PCL's Days Inventory distribution charts can be found below:
* The bar in red indicates where Forth PCL's Days Inventory falls into.
Forth PCL Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Forth PCL's Days Inventory for the fiscal year that 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.
Forth PCL (BKK:FORTH-R) 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.
Forth 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.
Forth 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.
Forth PCL Days Inventory Related Terms
Thank you for viewing the detailed overview of Forth PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.
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