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Thai Wire Products PCL (BKK:TWP-R) Days Inventory : 125.14 (As of Mar. 2024)


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What is Thai Wire Products PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Wire Products PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿561 Mil. Thai Wire Products PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿409 Mil. Hence, Thai Wire Products PCL's Days Inventory for the three months ended in Mar. 2024 was 125.14.

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

BKK:TWP-R' s Days Inventory Range Over the Past 10 Years
Min: 111.38   Med: 129.18   Max: 149.78
Current: 115.09

During the past 13 years, Thai Wire Products PCL's highest Days Inventory was 149.78. The lowest was 111.38. And the median was 129.18.

BKK:TWP-R's Days Inventory is ranked worse than
64.77% of 369 companies
in the Building Materials industry
Industry Median: 84.94 vs BKK:TWP-R: 115.09

Thai Wire Products PCL's Days Inventory declined from Mar. 2023 (133.32) to Mar. 2024 (125.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Wire Products PCL's Inventory Turnover for the three months ended in Mar. 2024 was 0.73.

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 Wire Products PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.27.


Thai Wire Products PCL Days Inventory Historical Data

The historical data trend for Thai Wire Products 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.

Thai Wire Products PCL Days Inventory Chart

Thai Wire Products PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.59 129.70 132.26 149.78 133.17

Thai Wire Products 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 133.32 109.35 106.48 109.71 125.14

Competitive Comparison of Thai Wire Products PCL's Days Inventory

For the Building Materials subindustry, Thai Wire Products 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 Wire Products PCL's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Thai Wire Products PCL's Days Inventory distribution charts can be found below:

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



Thai Wire Products PCL Days Inventory Calculation

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

Thai Wire Products 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
=( (816.115 + 503.357) / 2 ) / 1808.189*365
=659.736 / 1808.189*365
=133.17

Thai Wire Products 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
=( (503.357 + 618.427) / 2 ) / 408.984*365 / 4
=560.892 / 408.984*365 / 4
=125.14

* 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.


Thai Wire Products PCL  (BKK:TWP-R) 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 Wire Products 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.

Thai Wire Products 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.


Thai Wire Products PCL Days Inventory Related Terms

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


Thai Wire Products PCL (BKK:TWP-R) Business Description

Traded in Other Exchanges
Address
101/88 Moo 20 Nava Nakorn Industrial Estate, Khlong Nueng, Khlong Luang, Pathum Thani, THA, 12120
Thai Wire Products PCL is a manufacturer and seller of prestressed concrete wire. The prestressed concrete single wire is used in various kinds of construction work demanding strength and durability due to the enormous weight involved. The company is also involved in production of steel wires and operates in Thailand.

Thai Wire Products PCL (BKK:TWP-R) Headlines

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