Thai Solar Energy PCL (BKK:TSE) Days Inventory : 12.93 (As of Dec. 2024)

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What is Thai Solar Energy PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Solar Energy PCL's Average Total Inventories for the three months ended in Dec. 2024 was ฿35 Mil. Thai Solar Energy PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿245 Mil. Hence, Thai Solar Energy PCL's Days Inventory for the three months ended in Dec. 2024 was 12.93.

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

BKK:TSE' s Days Inventory Range Over the Past 10 Years
Min: 7.71 Med: 11.75 Max: 15.85
Current: 15.14

During the past 12 years, Thai Solar Energy PCL's highest Days Inventory was 15.85. The lowest was 7.71. And the median was 11.75.

BKK:TSE's Days Inventory is ranked better than
71.21% of 330 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.955 vs BKK:TSE: 15.14

Thai Solar Energy PCL's Days Inventory declined from Dec. 2023 (13.78) to Dec. 2024 (12.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Solar Energy PCL's Inventory Turnover for the three months ended in Dec. 2024 was 7.06.

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 Solar Energy PCL's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.13.

Thai Solar Energy PCL Days Inventory Historical Data

The historical data trend for Thai Solar Energy 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.

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Thai Solar Energy PCL Days Inventory Chart

Thai Solar Energy PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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8.35

8.33

11.75

13.95

15.85

Thai Solar Energy 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															13.78	16.60	16.89	13.92	12.93

Competitive Comparison of Thai Solar Energy PCL's Days Inventory

For the Utilities - Renewable subindustry, Thai Solar Energy 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.

Thai Solar Energy PCL's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai Solar Energy PCL's Days Inventory falls into.

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Thai Solar Energy PCL Days Inventory Calculation

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

Thai Solar Energy 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
=	( (35.189	+	39.644)	/	2 )	/	861.618	*	365
=	37.4165					/	861.618	*	365
=	15.85

Thai Solar Energy 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
=	( (29.779	+	39.644)	/	2 )	/	244.992	*	365 / 4
=	34.7115					/	244.992	*	365 / 4
=	12.93

Thai Solar Energy PCL (BKK:TSE) 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 Solar Energy PCL's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	244.992	/	34.7115
	=	7.06

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.7115	/	266.37
	=	0.13

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.

Thai Solar Energy PCL Days Inventory Related Terms

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

Thai Solar Energy PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thai Solar Energy PCL (BKK:TSE) » Definitions » Days Inventory

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TSE-R:Thailand

Address

Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110

Website

https://www.thaisolarenergy.com

Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.