Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Days Inventory : 100.73 (As of Sep. 2024)

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What is Hwa Fong Rubber (Thailand) PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hwa Fong Rubber (Thailand) PCL's Average Total Inventories for the three months ended in Sep. 2024 was ฿698 Mil. Hwa Fong Rubber (Thailand) PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿633 Mil. Hence, Hwa Fong Rubber (Thailand) PCL's Days Inventory for the three months ended in Sep. 2024 was 100.73.

The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Days Inventory or its related term are showing as below:

BKK:HFT' s Days Inventory Range Over the Past 10 Years
Min: 84.25 Med: 96.83 Max: 111.86
Current: 103.26

During the past 13 years, Hwa Fong Rubber (Thailand) PCL's highest Days Inventory was 111.86. The lowest was 84.25. And the median was 96.83.

BKK:HFT's Days Inventory is ranked worse than
64.85% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs BKK:HFT: 103.26

Hwa Fong Rubber (Thailand) PCL's Days Inventory declined from Sep. 2023 (120.24) to Sep. 2024 (100.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hwa Fong Rubber (Thailand) PCL's Inventory Turnover for the three months ended in Sep. 2024 was 0.91.

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. Hwa Fong Rubber (Thailand) PCL's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.91.

Hwa Fong Rubber (Thailand) PCL Days Inventory Historical Data

The historical data trend for Hwa Fong Rubber (Thailand) 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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Hwa Fong Rubber (Thailand) PCL Days Inventory Chart

Hwa Fong Rubber (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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87.69

98.47

100.12

105.85

111.86

Hwa Fong Rubber (Thailand) PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															120.24	106.12	101.23	96.11	100.73

Competitive Comparison of Hwa Fong Rubber (Thailand) PCL's Days Inventory

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Days Inventory falls into.

Hwa Fong Rubber (Thailand) PCL Days Inventory Calculation

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

Hwa Fong Rubber (Thailand) 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
=	( (691.149	+	649.146)	/	2 )	/	2186.676	*	365
=	670.1475					/	2186.676	*	365
=	111.86

Hwa Fong Rubber (Thailand) PCL's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (658.338	+	738.508)	/	2 )	/	632.717	*	365 / 4
=	698.423					/	632.717	*	365 / 4
=	100.73

Hwa Fong Rubber (Thailand) PCL (BKK:HFT) 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.

Hwa Fong Rubber (Thailand) PCL's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	632.717	/	698.423
	=	0.91

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.

Hwa Fong Rubber (Thailand) PCL's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	698.423	/	767.237
	=	0.91

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.

Hwa Fong Rubber (Thailand) PCL Days Inventory Related Terms

Thank you for viewing the detailed overview of Hwa Fong Rubber (Thailand) PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hwa Fong Rubber (Thailand) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwa Fong Rubber (Thailand) PCL (BKK:HFT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HFT-R:Thailand

Address

No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Praksa, Muang Samut Prakan, Samut Prakarn, THA, 10280

Website

https://www.duro.co.th

Hwa Fong Rubber (Thailand) PCL is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles, and small logistics vehicles such as trolley forklifts, golf carts, and hiking carts. The company operates in two segments: Sale of goods and services; and Investment. Geographically the business is spread across Asia, Europe, America, and others.

Hwa Fong Rubber (Thailand) PCL Headlines

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