Asian Alliance International PCL (BKK:AAI) Days Inventory : 104.18 (As of Mar. 2024)

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What is Asian Alliance International PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asian Alliance International PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿1,347 Mil. Asian Alliance International PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,180 Mil. Hence, Asian Alliance International PCL's Days Inventory for the three months ended in Mar. 2024 was 104.18.

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

BKK:AAI' s Days Inventory Range Over the Past 10 Years
Min: 102.34 Med: 112.43 Max: 125.18
Current: 111.95

During the past 6 years, Asian Alliance International PCL's highest Days Inventory was 125.18. The lowest was 102.34. And the median was 112.43.

BKK:AAI's Days Inventory is ranked worse than
66.57% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.175 vs BKK:AAI: 111.95

Asian Alliance International PCL's Days Inventory declined from Mar. 2023 (118.58) to Mar. 2024 (104.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asian Alliance International PCL's Inventory Turnover for the three months ended in Mar. 2024 was 0.88.

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. Asian Alliance International PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.90.

Asian Alliance International PCL Days Inventory Historical Data

The historical data trend for Asian Alliance International 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.

Asian Alliance International PCL Days Inventory Chart

Asian Alliance International PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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116.68

102.34

125.18

108.17

118.14

Asian Alliance International PCL Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial										118.58	131.82	115.89	96.83	104.18

Competitive Comparison of Asian Alliance International PCL's Days Inventory

For the Packaged Foods subindustry, Asian Alliance International 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.

Asian Alliance International PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Alliance International PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asian Alliance International PCL's Days Inventory falls into.

Asian Alliance International PCL Days Inventory Calculation

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

Asian Alliance International 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
=	( (1754.43	+	1301.123)	/	2 )	/	4719.971	*	365
=	1527.7765					/	4719.971	*	365
=	118.14

Asian Alliance International 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
=	( (1301.123	+	1392.728)	/	2 )	/	1179.756	*	365 / 4
=	1346.9255					/	1179.756	*	365 / 4
=	104.18

Asian Alliance International PCL (BKK:AAI) 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.

Asian Alliance International PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1179.756	/	1346.9255
	=	0.88

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.

Asian Alliance International PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1346.9255	/	1489.176
	=	0.90

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.

Asian Alliance International PCL Days Inventory Related Terms

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

Asian Alliance International PCL (BKK:AAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asian Alliance International PCL (BKK:AAI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

55/2 Moo 2 Rama 2 Road, Bang Krachao, Mueang, Samut Sakhon, THA, 74000

Website

https://www.asianalliance.co.th

Asian Alliance International PLC is a manufacturer and distributor of pet foods. The company also manufactures ready-to-eat food product store in sealed container, which does not need to be refrigerated. Additionally, the company sells by-products from tuna processing.

Asian Alliance International PCL (BKK:AAI) Headlines

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