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Miss Grand International PCL (BKK:MGI) Days Inventory : 12.78 (As of Mar. 2024)


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What is Miss Grand International PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Miss Grand International PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿11.7 Mil. Miss Grand International PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿83.4 Mil. Hence, Miss Grand International PCL's Days Inventory for the three months ended in Mar. 2024 was 12.78.

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

BKK:MGI' s Days Inventory Range Over the Past 10 Years
Min: 11.66   Med: 37.08   Max: 126.01
Current: 11.66

During the past 6 years, Miss Grand International PCL's highest Days Inventory was 126.01. The lowest was 11.66. And the median was 37.08.

BKK:MGI's Days Inventory is ranked better than
66.46% of 653 companies
in the Media - Diversified industry
Industry Median: 26.06 vs BKK:MGI: 11.66

Miss Grand International PCL's Days Inventory declined from Mar. 2023 (26.84) to Mar. 2024 (12.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Miss Grand International PCL's Inventory Turnover for the three months ended in Mar. 2024 was 7.14.

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. Miss Grand International PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.


Miss Grand International PCL Days Inventory Historical Data

The historical data trend for Miss Grand International 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.

Miss Grand International PCL Days Inventory Chart

Miss Grand International PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 126.01 49.04 18.23 25.12 14.85

Miss Grand International PCL Quarterly Data
Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.84 9.73 13.93 10.81 12.78

Competitive Comparison of Miss Grand International PCL's Days Inventory

For the Entertainment subindustry, Miss Grand International 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.


Miss Grand International PCL's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Miss Grand International PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Miss Grand International PCL's Days Inventory falls into.



Miss Grand International PCL Days Inventory Calculation

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

Miss Grand International 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
=( (15.122 + 12.479) / 2 ) / 339.315*365
=13.8005 / 339.315*365
=14.85

Miss Grand International PCL's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (12.479 + 10.883) / 2 ) / 83.428*365 / 4
=11.681 / 83.428*365 / 4
=12.78

* 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.


Miss Grand International PCL  (BKK:MGI) 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.

Miss Grand International PCL's Inventory Turnover for the three months ended in Mar. 2024 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.

Miss Grand International PCL's Inventory to Revenue for the three months ended in Mar. 2024 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.


Miss Grand International PCL Days Inventory Related Terms

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


Miss Grand International PCL (BKK:MGI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1213/414 Soi Ladprao 94 (Panjamit), Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Miss Grand International PCL operates a commerce business that provides the selling of products and services through experiential activities such as Beauty and Entertainment, which are Beauty Pageant Platforms named Miss Grand Thailand Pageant (National Pageant Platform) and Miss Grand International Pageant (International Pageant Platform)including other media contents and entertainment activities. The company sells the products in several distribution channels, both retail and wholesale, The MGI, and other partner products. The company earns revenue from selling beauty pageants, entertainment businesses, consumer products, consumption products, and other products and services. The company earns the majority of its revenue from the entertainment business.