NOKPF (Nok Airlines PCL) Days Inventory: 4.27 (As of Sep. 2024)

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NOKPF Nok Airlines PCL NOKPF
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What is Nok Airlines PCL Days Inventory?

Nok Airlines PCL NOKPF 12 Days Inventory is 4.27 as of Sep. 2024. GuruFocus rates NOKPF with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Nok Airlines PCL's Average Total Inventories for the three months ended in Sep. 2024 was $2.7 Mil. Nok Airlines PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was $58.5 Mil. Hence, Nok Airlines PCL's Days Inventory for the three months ended in Sep. 2024 was 4.27.

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

NOKPF's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 12.35
* Ranked among companies with meaningful Days Inventory only.

Nok Airlines PCL's Days Inventory increased from Jun. 2023 (0.00) to Sep. 2024 (4.27). It might indicate that Nok Airlines PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nok Airlines PCL's Inventory Turnover for the three months ended in Sep. 2024 was 21.35.

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. Nok Airlines PCL's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.06.


Nok Airlines PCL  (OTCPK:NOKPF) 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.

Nok Airlines PCL's Inventory Turnover for the three months ended in Sep. 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.

Nok Airlines PCL's Inventory to Revenue for the three months ended in Sep. 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.


Nok Airlines PCL Days Inventory Related Terms


Nok Airlines PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Nok Airlines 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.

Nok Airlines PCL Days Inventory Chart

Nok Airlines 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 1.73 4.40 10.76 6.11 6.09

Nok Airlines PCL Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
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 0.00 5.23 6.47 0.00 4.27

NOKPF vs MESA, HRBR, FLYYQ: Days Inventory Comparison

For the Airlines subindustry, Nok Airlines 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.


Nok Airlines PCL Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Nok Airlines PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nok Airlines PCL's Days Inventory falls into.


NOKPF
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Nok Airlines PCL NOKPF
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Nok Airlines PCL Days Inventory Calculation

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

Nok Airlines 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
=( (3.754 + 3.661) / 2 ) / 222.198*365
=3.7075 / 222.198*365
=6.09

Nok Airlines PCL's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.697 + 2.787) / 2 ) / 58.545*365 / 4
=2.742 / 58.545*365 / 4
=4.27

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 4.27 mean?
Nok Airlines PCL (NOKPF) has a Days Inventory of 4.27 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nok Airlines PCL and its competitors.
Is Nok Airlines PCL's Days Inventory too high?
Nok Airlines PCL's current Days Inventory is 4.27. The Transportation industry median Days Inventory is 12.35. Nok Airlines PCL's value of 4.27 is 65.4% below this industry median. Overall, Nok Airlines PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nok Airlines PCL's Days Inventory compare to MESA and HRBR?
Nok Airlines PCL's Days Inventory of 4.27 can be compared against companies in the Transportation industry. The industry median Days Inventory is 12.35. Nok Airlines PCL's value of 4.27 is 65.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Transportation company?
The median Days Inventory among Transportation companies is 12.35, based on 802 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nok Airlines PCL's current Days Inventory of 4.27 is 65.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nok Airlines PCL and its competitors. For the Transportation industry, the median Days Inventory is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nok Airlines PCL's current Days Inventory is 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nok Airlines PCL stock overvalued right now?
Nok Airlines PCL (NOKPF) has a current Days Inventory of 4.27. The current Days Inventory is 4.27 and 65.4% below the Transportation industry median of 12.35. Nok Airlines PCL's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Nok Airlines PCL (NOKPF), the current Days Inventory is 4.27 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nok Airlines PCL Business Description

Address Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210
Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers and has operating hubs in Thailand.
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