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Toray Textiles (Thailand) PCL (BKK:TTT) Days Inventory : 63.01 (As of Mar. 2024)


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What is Toray Textiles (Thailand) PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toray Textiles (Thailand) PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿1,515 Mil. Toray Textiles (Thailand) PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿2,194 Mil. Hence, Toray Textiles (Thailand) PCL's Days Inventory for the three months ended in Mar. 2024 was 63.01.

The historical rank and industry rank for Toray Textiles (Thailand) PCL's Days Inventory or its related term are showing as below:

BKK:TTT' s Days Inventory Range Over the Past 10 Years
Min: 54.65   Med: 62.24   Max: 71.79
Current: 65.37

During the past 7 years, Toray Textiles (Thailand) PCL's highest Days Inventory was 71.79. The lowest was 54.65. And the median was 62.24.

BKK:TTT's Days Inventory is ranked better than
79.52% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs BKK:TTT: 65.37

Toray Textiles (Thailand) PCL's Days Inventory declined from Mar. 2023 (68.78) to Mar. 2024 (63.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toray Textiles (Thailand) PCL's Inventory Turnover for the three months ended in Mar. 2024 was 1.45.

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. Toray Textiles (Thailand) PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Toray Textiles (Thailand) PCL Days Inventory Historical Data

The historical data trend for Toray Textiles (Thailand) 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.

Toray Textiles (Thailand) PCL Days Inventory Chart

Toray Textiles (Thailand) PCL Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 61.75 71.79 61.97 62.50 66.04

Toray Textiles (Thailand) 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 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 68.78 70.85 64.72 62.56 63.01

Competitive Comparison of Toray Textiles (Thailand) PCL's Days Inventory

For the Textile Manufacturing subindustry, Toray Textiles (Thailand) 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.


Toray Textiles (Thailand) PCL's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Textiles (Thailand) PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toray Textiles (Thailand) PCL's Days Inventory falls into.



Toray Textiles (Thailand) PCL Days Inventory Calculation

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

Toray Textiles (Thailand) PCL's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1696.483 + 1493.043) / 2 ) / 8813.968*365
=1594.763 / 8813.968*365
=66.04

Toray Textiles (Thailand) 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
=( (1536.239 + 1493.043) / 2 ) / 2193.593*365 / 4
=1514.641 / 2193.593*365 / 4
=63.01

* 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.


Toray Textiles (Thailand) PCL  (BKK:TTT) 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.

Toray Textiles (Thailand) 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.

Toray Textiles (Thailand) 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.


Toray Textiles (Thailand) PCL Days Inventory Related Terms

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


Toray Textiles (Thailand) PCL (BKK:TTT) Business Description

Traded in Other Exchanges
N/A
Address
North Sathorn Road, 20 Bubhajit Building, 5th Floor, Silom Subdistrict, Bang Rak District, Bangkok, THA, 10500
Toray Textiles (Thailand) PCL operates as a textile business. The principal activities of the company are the manufacturing of textiles consisting of spun fabric, filament fabric, woven fabric, knitted fabric, and denim yarn; and an industrial material product consisting of cord for rubber material reinforcement, fabric for airbags, canvas and car seat fabric. Its operating segment includes Textile; and Industrial material products. It generates maximum revenue from the Textile segment. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan; Bangladesh; Vietnam; the United Arab Emirates, and Other Countries.

Toray Textiles (Thailand) PCL (BKK:TTT) Headlines

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