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North East Rubber PCL (BKK:NER) Days Inventory : 214.58 (As of Mar. 2024)


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What is North East Rubber PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). North East Rubber PCL's Average Total Inventories for the three months ended in Mar. 2024 was ฿13,593 Mil. North East Rubber PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿5,780 Mil. Hence, North East Rubber PCL's Days Inventory for the three months ended in Mar. 2024 was 214.58.

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

BKK:NER' s Days Inventory Range Over the Past 10 Years
Min: 86.43   Med: 161.26   Max: 210.68
Current: 202.72

During the past 10 years, North East Rubber PCL's highest Days Inventory was 210.68. The lowest was 86.43. And the median was 161.26.

BKK:NER's Days Inventory is ranked worse than
88.81% of 1492 companies
in the Chemicals industry
Industry Median: 83.08 vs BKK:NER: 202.72

North East Rubber PCL's Days Inventory increased from Mar. 2023 (187.11) to Mar. 2024 (214.58). It might indicate that North East Rubber PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. North East Rubber PCL's Inventory Turnover for the three months ended in Mar. 2024 was 0.43.

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. North East Rubber PCL's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.08.


North East Rubber PCL Days Inventory Historical Data

The historical data trend for North East Rubber 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.

North East Rubber PCL Days Inventory Chart

North East Rubber 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 168.66 161.26 154.98 188.88 210.68

North East Rubber 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 187.11 185.60 225.14 207.72 214.58

Competitive Comparison of North East Rubber PCL's Days Inventory

For the Specialty Chemicals subindustry, North East Rubber 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.


North East Rubber PCL's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where North East Rubber PCL's Days Inventory falls into.



North East Rubber PCL Days Inventory Calculation

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

North East Rubber 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
=( (11822.056 + 13842.927) / 2 ) / 22231.933*365
=12832.4915 / 22231.933*365
=210.68

North East Rubber 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
=( (13842.927 + 13342.647) / 2 ) / 5780.406*365 / 4
=13592.787 / 5780.406*365 / 4
=214.58

* 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.


North East Rubber PCL  (BKK:NER) 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.

North East Rubber 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.

North East Rubber 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.


North East Rubber PCL Days Inventory Related Terms

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


North East Rubber PCL (BKK:NER) Business Description

Traded in Other Exchanges
N/A
Address
398 Moo 4 Khok Ma, Prakhon Chai, Buriram Province, Bangkok, THA, 31140
North East Rubber PCL manufactures, exports and sells Ribbed Smoked Sheet, Standard Thai Rubber and Rubber Mixtures. In addition, the company provides the analysis and testing of the quality of rubber under the company's own operations. Geographically, The maximum revenue generate from Thailand.

North East Rubber PCL (BKK:NER) Headlines

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