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Union Petrochemical PCL (BKK:UKEM) Days Inventory : 53.77 (As of Dec. 2023)


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What is Union Petrochemical PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Union Petrochemical PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿355 Mil. Union Petrochemical PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿602 Mil. Hence, Union Petrochemical PCL's Days Inventory for the three months ended in Dec. 2023 was 53.77.

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

BKK:UKEM' s Days Inventory Range Over the Past 10 Years
Min: 46.1   Med: 53.31   Max: 66.75
Current: 51.73

During the past 13 years, Union Petrochemical PCL's highest Days Inventory was 66.75. The lowest was 46.10. And the median was 53.31.

BKK:UKEM's Days Inventory is ranked better than
75.4% of 1492 companies
in the Chemicals industry
Industry Median: 82.965 vs BKK:UKEM: 51.73

Union Petrochemical PCL's Days Inventory declined from Dec. 2022 (58.60) to Dec. 2023 (53.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Union Petrochemical PCL's Inventory Turnover for the three months ended in Dec. 2023 was 1.70.

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. Union Petrochemical PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.53.


Union Petrochemical PCL Days Inventory Historical Data

The historical data trend for Union Petrochemical 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.

Union Petrochemical PCL Days Inventory Chart

Union Petrochemical 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 66.58 60.96 66.75 62.43 53.47

Union Petrochemical PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 58.60 55.04 49.16 47.20 53.77

Competitive Comparison of Union Petrochemical PCL's Days Inventory

For the Chemicals subindustry, Union Petrochemical 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.


Union Petrochemical PCL's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Union Petrochemical PCL's Days Inventory falls into.



Union Petrochemical PCL Days Inventory Calculation

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

Union Petrochemical 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
=( (388.507 + 358.722) / 2 ) / 2550.411*365
=373.6145 / 2550.411*365
=53.47

Union Petrochemical PCL's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (351.274 + 358.722) / 2 ) / 602.466*365 / 4
=354.998 / 602.466*365 / 4
=53.77

* 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.


Union Petrochemical PCL  (BKK:UKEM) 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.

Union Petrochemical PCL's Inventory Turnover for the three months ended in Dec. 2023 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.

Union Petrochemical PCL's Inventory to Revenue for the three months ended in Dec. 2023 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.


Union Petrochemical PCL Days Inventory Related Terms

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


Union Petrochemical PCL (BKK:UKEM) Business Description

Traded in Other Exchanges
N/A
Address
728 Union House Building, Boromrachachonnee Road, Kwang Bangbumru, Khet Bangplad, Bangkok, THA, 10700
Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment and Other segment. Some of its products are Methanol, Iso propyl alcohol, iso butyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified to logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment.

Union Petrochemical PCL (BKK:UKEM) Headlines

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