Days Inventory is also known as Days Sales of Inventory (DSI). Starflex PCL's Average Total Inventories for the
three
months ended in Mar. 2024 was ฿323 Mil. Starflex PCL's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ฿368 Mil.
Hence, Starflex PCL's Days Inventory for the
three
months ended in Mar. 2024 was 80.09.
The historical rank and industry rank for Starflex PCL's Days Inventory or its related term are showing as below:
BKK:SFLEX'
s Days Inventory Range Over the Past 10 Years
Min: 67.21 Med: 72.04 Max: 88.17
Current: 84.94
During the past 8 years, Starflex PCL's highest Days Inventory was 88.17. The lowest was 67.21. And the median was 72.04.
BKK:SFLEX's Days Inventory is ranked worse than 56.04% of 364
companies
in the Packaging & Containers industry
Industry Median: 77.82
vs BKK:SFLEX: 84.94
Starflex PCL's Days Inventory
increased
from Mar. 2023 (76.92) to Mar. 2024 (80.09).
It might indicate that Starflex PCL's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Starflex PCL's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.14.
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.
Starflex PCL's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.67.
Starflex PCL Days Inventory Historical Data
The historical data trend for Starflex 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.
Competitive Comparison of Starflex PCL's Days Inventory
For the Packaging & Containers subindustry, Starflex 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.
Starflex PCL's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Days Inventory distribution charts can be found below:
* The bar in red indicates where Starflex PCL's Days Inventory falls into.
Starflex PCL Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Starflex PCL's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Starflex PCL (BKK:SFLEX) 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.
Starflex 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.
Starflex 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.
Starflex PCL Days Inventory Related Terms
Thank you for viewing the detailed overview of Starflex PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
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