Siam Steel Service Center PCL (BKK:SSSC) Days Inventory : 113.81 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Siam Steel Service Center PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Siam Steel Service Center PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿1,367 Mil. Siam Steel Service Center PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,096 Mil. Hence, Siam Steel Service Center PCL's Days Inventory for the three months ended in Mar. 2024 was 113.81.

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

BKK:SSSC' s Days Inventory Range Over the Past 10 Years
Min: 97.42 Med: 109.38 Max: 123.73
Current: 116.03

During the past 13 years, Siam Steel Service Center PCL's highest Days Inventory was 123.73. The lowest was 97.42. And the median was 109.38.

BKK:SSSC's Days Inventory is ranked worse than
67.48% of 575 companies
in the Steel industry
Industry Median: 86.14 vs BKK:SSSC: 116.03

Siam Steel Service Center PCL's Days Inventory declined from Mar. 2023 (122.98) to Mar. 2024 (113.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Siam Steel Service Center PCL's Inventory Turnover for the three months ended in Mar. 2024 was 0.80.

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. Siam Steel Service Center PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.13.

Siam Steel Service Center PCL Days Inventory Historical Data

The historical data trend for Siam Steel Service Center 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.

Siam Steel Service Center PCL Days Inventory Chart

Siam Steel Service Center PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

114.54

109.50

102.55

123.73

119.48

Siam Steel Service Center PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															122.98	115.09	117.41	117.94	113.81

Competitive Comparison of Siam Steel Service Center PCL's Days Inventory

For the Steel subindustry, Siam Steel Service Center 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.

Siam Steel Service Center PCL's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Siam Steel Service Center PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Siam Steel Service Center PCL's Days Inventory falls into.

Siam Steel Service Center PCL Days Inventory Calculation

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

Siam Steel Service Center 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
=	( (1745.552	+	1335.796)	/	2 )	/	4706.794	*	365
=	1540.674					/	4706.794	*	365
=	119.48

Siam Steel Service Center 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
=	( (1335.796	+	1397.295)	/	2 )	/	1095.7	*	365 / 4
=	1366.5455					/	1095.7	*	365 / 4
=	113.81

Siam Steel Service Center PCL (BKK:SSSC) 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.

Siam Steel Service Center PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1095.7	/	1366.5455
	=	0.80

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.

Siam Steel Service Center PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1366.5455	/	1210.24
	=	1.13

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.

Siam Steel Service Center PCL Days Inventory Related Terms

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

Siam Steel Service Center PCL (BKK:SSSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Siam Steel Service Center PCL (BKK:SSSC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/3 Moo 2 Poochao - Samingprai Road, Tumbon Bangyaprak, Amphur Phrapradeang, Samutprakarn, THA, 10130

Website

http://www.ssscth.com

Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. It has a business presence in Thailand, Vietnam, Cambodia, Myanmar and Malaysia, of which a majority of revenue is derived from Thailand.

Siam Steel Service Center PCL (BKK:SSSC) Headlines

No Headlines