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Mida Assets PCL (BKK:MIDA) Total Inventories : ฿174 Mil (As of Dec. 2024)


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What is Mida Assets PCL Total Inventories?

Mida Assets PCL's total inventories for the quarter that ended in Dec. 2024 was ฿174 Mil. Mida Assets PCL's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ฿173 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mida Assets PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-2.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mida Assets PCL's Days Inventory for the three months ended in Dec. 2024 was 50.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mida Assets PCL's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.82.

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. Mida Assets PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.


Mida Assets PCL Total Inventories Historical Data

The historical data trend for Mida Assets PCL's Total Inventories 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.

Mida Assets PCL Total Inventories Chart

Mida Assets PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.20 147.62 188.11 188.19 173.89

Mida Assets PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories 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 188.19 188.70 183.10 172.20 173.89

Mida Assets PCL Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Mida Assets PCL  (BKK:MIDA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Mida Assets PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(225.142+0.75 * 1179.497+0.5 * 173.89-6750.802
-0-1325.178)/2504.098
=-2.75

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

Mida Assets PCL's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=173.0465/314.403*365 / 4
=50.22

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mida Assets PCL's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=314.403 / 173.0465
=1.82

4. 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.

Mida Assets PCL's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=173.0465 / 572.845
=0.30

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Mida Assets PCL Total Inventories Related Terms

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Mida Assets PCL Business Description

Traded in Other Exchanges
Address
267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandise and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.

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