Premier Tank PCL (BKK:PTC) Days Inventory : 0.00 (As of Dec. 2024)

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What is Premier Tank PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Premier Tank PCL's Average Total Inventories for the three months ended in Dec. 2024 was ฿0.0 Mil. Premier Tank PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿13.7 Mil. Hence, Premier Tank PCL's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

BKK:PTC' s Days Inventory Range Over the Past 10 Years
Min: 1.02 Med: 7.66 Max: 9.58
Current: 9.58

During the past 7 years, Premier Tank PCL's highest Days Inventory was 9.58. The lowest was 1.02. And the median was 7.66.

BKK:PTC's Days Inventory is ranked better than
78.94% of 698 companies
in the Oil & Gas industry
Industry Median: 32.205 vs BKK:PTC: 9.58

Premier Tank PCL's Days Inventory declined from Dec. 2023 (9.90) to Dec. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Premier Tank PCL's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Premier Tank PCL Days Inventory Historical Data

The historical data trend for Premier Tank 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.

Premier Tank PCL Days Inventory Chart

Premier Tank PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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4.71

7.66

9.52

9.54

9.18

Premier Tank PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															9.90	9.16	-	-	-

Competitive Comparison of Premier Tank PCL's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Premier Tank 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.

Premier Tank PCL's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Premier Tank PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Premier Tank PCL's Days Inventory falls into.

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Premier Tank PCL Days Inventory Calculation

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

Premier Tank PCL's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1.404	+	0)	/	1 )	/	55.823	*	365
=	1.404					/	55.823	*	365
=	9.18

Premier Tank PCL's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	13.672	*	365 / 4
=	0					/	13.672	*	365 / 4
=	0.00

Premier Tank PCL (BKK:PTC) 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.

Premier Tank PCL's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.672	/	0
	=

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.

Premier Tank PCL's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	25.989
	=	0.00

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.

Premier Tank PCL Days Inventory Related Terms

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

Premier Tank PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Premier Tank Corp PCL (BKK:PTC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Petchburi Road, No. 2034/69 Italthai Tower, 15th Floor, Bangkapi Sub-District, Huai Khwang District, Bangkok, THA, 10310

Website

https://www.premiertankcorp.com

Premier Tank Corp PCL is engaged in oil and fuel tank farm services for receiving, storage, distributing and blending petroleum products and other hazardous substances. The business generates revenue in the form of rental income and service income. The company earns substantial revenue from providing services on receiving, storage, distributing and blending petroleum products.