Thai Cane Paper Public Company Limited (BKK:TCP) Days Inventory : 58.76 (As of Sep. 2013)

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What is Thai Cane Paper Public Company Limited Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Cane Paper Public Company Limited's Average Total Inventories for the three months ended in Sep. 2013 was ฿731 Mil. Thai Cane Paper Public Company Limited's Cost of Goods Sold for the three months ended in Sep. 2013 was ฿1,136 Mil. Hence, Thai Cane Paper Public Company Limited's Days Inventory for the three months ended in Sep. 2013 was 58.76.

The historical rank and industry rank for Thai Cane Paper Public Company Limited's Days Inventory or its related term are showing as below:

BKK:TCP's Days Inventory is not ranked ^*
in the Forest Products industry.
Industry Median: 89.82
* Ranked among companies with meaningful Days Inventory only.

Thai Cane Paper Public Company Limited's Days Inventory increased from Sep. 2012 (50.12) to Sep. 2013 (58.76). It might indicate that Thai Cane Paper Public Company Limited's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Cane Paper Public Company Limited's Inventory Turnover for the three months ended in Sep. 2013 was 1.55.

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. Thai Cane Paper Public Company Limited's Inventory-to-Revenue for the three months ended in Sep. 2013 was 0.52.

Thai Cane Paper Public Company Limited Days Inventory Historical Data

The historical data trend for Thai Cane Paper Public Company Limited'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.

Thai Cane Paper Public Company Limited Days Inventory Chart

Thai Cane Paper Public Company Limited Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Days Inventory

Get a 7-Day Free Trial

52.26

52.44

43.17

51.93

57.60

Thai Cane Paper Public Company Limited Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Days Inventory	Get a 7-Day Free Trial											50.12	55.52	56.36	58.86	58.76

Competitive Comparison of Thai Cane Paper Public Company Limited's Days Inventory

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited'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.

Thai Cane Paper Public Company Limited's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's Days Inventory falls into.

Thai Cane Paper Public Company Limited Days Inventory Calculation

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

Thai Cane Paper Public Company Limited's Days Inventory for the fiscal year that ended in Dec. 2012 is calculated as

	Days Inventory (A: Dec. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2011 )	+	Total Inventories (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (751.836	+	725.455)	/	2 )	/	4680.895	*	365
=	738.6455					/	4680.895	*	365
=	57.60

Thai Cane Paper Public Company Limited's Days Inventory for the quarter that ended in Sep. 2013 is calculated as:

	Days Inventory (Q: Sep. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2013 )	+	Total Inventories (Q: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2013 )	*	Days in Period
=	( (730.324	+	732.46)	/	2 )	/	1135.895	*	365 / 4
=	731.392					/	1135.895	*	365 / 4
=	58.76

Thai Cane Paper Public Company Limited (BKK:TCP) 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.

Thai Cane Paper Public Company Limited's Inventory Turnover for the three months ended in Sep. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1135.895	/	731.392
	=	1.55

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.

Thai Cane Paper Public Company Limited's Inventory to Revenue for the three months ended in Sep. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	731.392	/	1403.838
	=	0.52

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.

Thai Cane Paper Public Company Limited Days Inventory Related Terms

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Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Thai Cane Paper Public Company Limited (BKK:TCP) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.thaicane.com

Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.