Bangkok Airways PCL (BKK:BA) Days Inventory : 9.97 (As of Mar. 2024)

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What is Bangkok Airways PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bangkok Airways PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿486 Mil. Bangkok Airways PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿4,446 Mil. Hence, Bangkok Airways PCL's Days Inventory for the three months ended in Mar. 2024 was 9.97.

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

BKK:BA' s Days Inventory Range Over the Past 10 Years
Min: 5.2 Med: 8.47 Max: 27.31
Current: 10.71

During the past 13 years, Bangkok Airways PCL's highest Days Inventory was 27.31. The lowest was 5.20. And the median was 8.47.

BKK:BA's Days Inventory is ranked better than
53.81% of 775 companies
in the Transportation industry
Industry Median: 11.57 vs BKK:BA: 10.71

Bangkok Airways PCL's Days Inventory declined from Mar. 2023 (11.11) to Mar. 2024 (9.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bangkok Airways PCL's Inventory Turnover for the three months ended in Mar. 2024 was 9.15.

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. Bangkok Airways PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.07.

Bangkok Airways PCL Days Inventory Historical Data

The historical data trend for Bangkok Airways 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.

Bangkok Airways PCL Days Inventory Chart

Bangkok Airways PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.59

16.58

27.31

14.30

11.14

Bangkok Airways 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															11.11	12.23	11.47	9.71	9.97

Competitive Comparison of Bangkok Airways PCL's Days Inventory

For the Airlines subindustry, Bangkok Airways 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.

Bangkok Airways PCL's Days Inventory Distribution in the Transportation Industry

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

* The bar in red indicates where Bangkok Airways PCL's Days Inventory falls into.

Bangkok Airways PCL Days Inventory Calculation

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

Bangkok Airways 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
=	( (464.63	+	489.085)	/	2 )	/	15622.094	*	365
=	476.8575					/	15622.094	*	365
=	11.14

Bangkok Airways 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
=	( (489.085	+	482.526)	/	2 )	/	4445.88	*	365 / 4
=	485.8055					/	4445.88	*	365 / 4
=	9.97

Bangkok Airways PCL (BKK:BA) 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.

Bangkok Airways PCL's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4445.88	/	485.8055
	=	9.15

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.

Bangkok Airways PCL's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	485.8055	/	7241.367
	=	0.07

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.

Bangkok Airways PCL Days Inventory Related Terms

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Bangkok Airways PCL (BKK:BA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Airways PCL (BKK:BA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

8BA:Germany

Address

99 Moo 14, Vibhavadirangsit Road, Chom Phon, Chatuchak, Bangkok, THA, 10900

Website

https://www.bangkokair.com

Bangkok Airways PCL provides airline, airport, and airport-related services including ground and passenger, in-flight catering, and cargo terminal services to its own flights and those of other airlines. It operates in three segments. The airline segment sells tickets and provides services to passengers. The airport segment provides location services for passengers and airlines. The supporting airline business segment, provides ground handling, cargo, and catering services for airlines and customers. The majority of revenue is from the Airline segment. It mainly operates in Thailand.