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Market Connections Asia PCL (BKK:MCA) Days Inventory : 6.67 (As of Sep. 2024)


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What is Market Connections Asia PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Market Connections Asia PCL's Average Total Inventories for the three months ended in Sep. 2024 was ฿9.8 Mil. Market Connections Asia PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿133.6 Mil. Hence, Market Connections Asia PCL's Days Inventory for the three months ended in Sep. 2024 was 6.67.

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

BKK:MCA' s Days Inventory Range Over the Past 10 Years
Min: 2.87   Med: 2.87   Max: 4.46
Current: 4.46

During the past 3 years, Market Connections Asia PCL's highest Days Inventory was 4.46. The lowest was 2.87. And the median was 2.87.

BKK:MCA's Days Inventory is ranked better than
81.19% of 670 companies
in the Media - Diversified industry
Industry Median: 25.23 vs BKK:MCA: 4.46

Market Connections Asia PCL's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (6.67). It might indicate that Market Connections Asia PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Market Connections Asia PCL's Inventory Turnover for the three months ended in Sep. 2024 was 13.68.

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. Market Connections Asia PCL's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.06.

Market Connections Asia PCL Days Inventory Historical Data

The historical data trend for Market Connections Asia 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.

Market Connections Asia PCL Days Inventory Chart

Market Connections Asia PCL Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
- - 2.87

Market Connections Asia PCL Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.19 1.88 1.82 6.67

Competitive Comparison of Market Connections Asia PCL's Days Inventory

For the Advertising Agencies subindustry, Market Connections Asia 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.

Market Connections Asia PCL's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Market Connections Asia PCL's Days Inventory falls into.


Market Connections Asia PCL Days Inventory Calculation

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

Market Connections Asia 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
=( (0 + 2.871) / 1 ) / 365.633*365
=2.871 / 365.633*365
=2.87

Market Connections Asia 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
=( (2.713 + 16.826) / 2 ) / 133.625*365 / 4
=9.7695 / 133.625*365 / 4
=6.67

* 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.

Market Connections Asia PCL  (BKK:MCA) 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.

Market Connections Asia PCL's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=133.625 / 9.7695
=13.68

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.

Market Connections Asia PCL's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.7695 / 160.011
=0.06

* 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.

Market Connections Asia PCL Days Inventory Related Terms

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

Market Connections Asia PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Days Inventory
Comparable Companies
BKK:MVP BKK:CMO BKK:PRAKIT BKK:ADD BKK:GPI BKK:PICO BKK:FE XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751 SAU:4071 XTER:SAX SZSE:300058
Traded in Other Exchanges
N/A
Address
51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230
Website
https://www.marketconnectionsasia.com
Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, Merchandising, and Distributor. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.