GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualitech PCL (BKK:QLT) » Definitions » Days Inventory

Qualitech PCL (BKK:QLT) Days Inventory : 7.85 (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Qualitech PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Qualitech PCL's Average Total Inventories for the three months ended in Dec. 2024 was ฿6.0 Mil. Qualitech PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿69.6 Mil. Hence, Qualitech PCL's Days Inventory for the three months ended in Dec. 2024 was 7.85.

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

BKK:QLT' s Days Inventory Range Over the Past 10 Years
Min: 6.87   Med: 9.92   Max: 11.69
Current: 9.02

During the past 13 years, Qualitech PCL's highest Days Inventory was 11.69. The lowest was 6.87. And the median was 9.92.

BKK:QLT's Days Inventory is ranked better than
70.15% of 670 companies
in the Business Services industry
Industry Median: 28.4 vs BKK:QLT: 9.02

Qualitech PCL's Days Inventory declined from Dec. 2023 (8.41) to Dec. 2024 (7.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Qualitech PCL's Inventory Turnover for the three months ended in Dec. 2024 was 11.63.

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. Qualitech PCL's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.06.


Qualitech PCL Days Inventory Historical Data

The historical data trend for Qualitech 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.

Qualitech PCL Days Inventory Chart

Qualitech PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.60 11.56 10.35 9.49 7.47

Qualitech 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.41 10.51 9.52 9.66 7.85

Competitive Comparison of Qualitech PCL's Days Inventory

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Days Inventory distribution charts can be found below:

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


;
;

Qualitech PCL Days Inventory Calculation

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

Qualitech 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
=( (8.744 + 3.669) / 2 ) / 303.27*365
=6.2065 / 303.27*365
=7.47

Qualitech 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
=( (8.301 + 3.669) / 2 ) / 69.591*365 / 4
=5.985 / 69.591*365 / 4
=7.85

* 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.


Qualitech PCL  (BKK:QLT) 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.

Qualitech PCL's Inventory Turnover for the three months ended in Dec. 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.

Qualitech PCL's Inventory to Revenue for the three months ended in Dec. 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.


Qualitech PCL Days Inventory Related Terms

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


Qualitech PCL Business Description

Traded in Other Exchanges
N/A
Address
21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL provides the technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures which is important for the production process, storage, and transport of the products in power generation, petrochemical, and construction industry. Along with its subsidiaries, the company's core operations include; nondestructive testing and inspection, testing and certification of welding work, metal work, and equipment; sale of material and equipment used in inspection engineering services; and generating and distributing electricity current from solar or alternative energy. Maximum revenue is generated from the provision of Non-Destructive Testing services.

Qualitech PCL Headlines

No Headlines