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Grand Canal Land PCL (BKK:GLAND) Days Inventory : 885.84 (As of Mar. 2024)


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What is Grand Canal Land PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grand Canal Land PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿930 Mil. Grand Canal Land PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿96 Mil. Hence, Grand Canal Land PCL's Days Inventory for the three months ended in Mar. 2024 was 885.84.

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

BKK:GLAND' s Days Inventory Range Over the Past 10 Years
Min: 508.25   Med: 818.2   Max: 1088.8
Current: 852.83

During the past 13 years, Grand Canal Land PCL's highest Days Inventory was 1088.80. The lowest was 508.25. And the median was 818.20.

BKK:GLAND's Days Inventory is ranked worse than
56.17% of 1328 companies
in the Real Estate industry
Industry Median: 698.185 vs BKK:GLAND: 852.83

Grand Canal Land PCL's Days Inventory increased from Mar. 2023 (823.22) to Mar. 2024 (885.84). It might indicate that Grand Canal Land PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Canal Land PCL's Inventory Turnover for the three months ended in Mar. 2024 was 0.10.

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. Grand Canal Land PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.41.


Grand Canal Land PCL Days Inventory Historical Data

The historical data trend for Grand Canal Land 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.

Grand Canal Land PCL Days Inventory Chart

Grand Canal Land 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 981.56 1,088.80 1,014.35 883.48 824.83

Grand Canal Land 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 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 823.22 843.47 859.45 822.90 885.84

Competitive Comparison of Grand Canal Land PCL's Days Inventory

For the Real Estate Services subindustry, Grand Canal Land 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.


Grand Canal Land PCL's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand Canal Land PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grand Canal Land PCL's Days Inventory falls into.



Grand Canal Land PCL Days Inventory Calculation

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

Grand Canal Land 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
=( (921.798 + 926.016) / 2 ) / 408.843*365
=923.907 / 408.843*365
=824.83

Grand Canal Land 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
=( (926.016 + 933.886) / 2 ) / 95.794*365 / 4
=929.951 / 95.794*365 / 4
=885.84

* 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.


Grand Canal Land PCL  (BKK:GLAND) 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.

Grand Canal Land PCL's Inventory Turnover for the three months ended in Mar. 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.

Grand Canal Land PCL's Inventory to Revenue for the three months ended in Mar. 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.


Grand Canal Land PCL Days Inventory Related Terms

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


Grand Canal Land PCL (BKK:GLAND) Business Description

Traded in Other Exchanges
N/A
Address
33/4 Rama 9 Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310
Grand Canal Land PCL is a Thailand based property development company. It operates in two business segments including the Real estate for sale business and Real estate for rental and service business. Real estate for sale business, consists of land and house projects and residential condominium projects; Real estate for rental and service business, consists of an office building for rent project. The company generates maximum revenue from the Real estate for rental and service business segment.

Grand Canal Land PCL (BKK:GLAND) Headlines

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