Royal Plus PCL (BKK:PLUS) Days Inventory : 49.49 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Royal Plus PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Royal Plus PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿133 Mil. Royal Plus PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿245 Mil. Hence, Royal Plus PCL's Days Inventory for the three months ended in Mar. 2024 was 49.49.

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

BKK:PLUS' s Days Inventory Range Over the Past 10 Years
Min: 41.92 Med: 52.86 Max: 64.85
Current: 46.23

During the past 4 years, Royal Plus PCL's highest Days Inventory was 64.85. The lowest was 41.92. And the median was 52.86.

BKK:PLUS's Days Inventory is ranked better than
73.64% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 69.605 vs BKK:PLUS: 46.23

Royal Plus PCL's Days Inventory declined from Mar. 2023 (62.83) to Mar. 2024 (49.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Royal Plus PCL's Inventory Turnover for the three months ended in Mar. 2024 was 1.84.

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. Royal Plus PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.

Royal Plus PCL Days Inventory Historical Data

The historical data trend for Royal Plus 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.

Royal Plus PCL Days Inventory Chart

Royal Plus PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

62.16

64.85

43.56

41.92

Royal Plus PCL Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									62.83	46.00	41.37	42.12	49.49

Competitive Comparison of Royal Plus PCL's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Royal Plus 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.

Royal Plus PCL's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Royal Plus PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Royal Plus PCL's Days Inventory falls into.

Royal Plus PCL Days Inventory Calculation

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

Royal Plus 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
=	( (120.42	+	111.537)	/	2 )	/	1009.938	*	365
=	115.9785					/	1009.938	*	365
=	41.92

Royal Plus 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
=	( (111.537	+	153.838)	/	2 )	/	244.656	*	365 / 4
=	132.6875					/	244.656	*	365 / 4
=	49.49

Royal Plus PCL (BKK:PLUS) 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.

Royal Plus PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	244.656	/	132.6875
	=	1.84

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.

Royal Plus PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	132.6875	/	313.738
	=	0.42

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.

Royal Plus PCL Days Inventory Related Terms

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

Royal Plus PCL (BKK:PLUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Royal Plus PCL (BKK:PLUS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 84 / 3-7 Rama 2 Road, Soi 69, Samae Dam Sub-district, Bang Khun Thian District, Bangkok, THA, 10150

Website

https://www.royalplus.co.th

Royal Plus PCL principal activities are the manufacture and distribution of beverages, fruit juice, fruit juice with basil seeds, fruit juice with chia seeds, coconut milk, and soy milk. The company derives its revenue from Thailand, USA, China, and other countries with the majority of it coming from USA.