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STC Concrete Product (BKK:STC) Days Inventory : 61.29 (As of Mar. 2024)


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What is STC Concrete Product Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). STC Concrete Product's Average Total Inventories for the three months ended in Mar. 2024 was ฿59.9 Mil. STC Concrete Product's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿89.3 Mil. Hence, STC Concrete Product's Days Inventory for the three months ended in Mar. 2024 was 61.29.

The historical rank and industry rank for STC Concrete Product's Days Inventory or its related term are showing as below:

BKK:STC' s Days Inventory Range Over the Past 10 Years
Min: 39.61   Med: 46.97   Max: 53.9
Current: 53.9

During the past 7 years, STC Concrete Product's highest Days Inventory was 53.90. The lowest was 39.61. And the median was 46.97.

BKK:STC's Days Inventory is ranked better than
72.36% of 369 companies
in the Building Materials industry
Industry Median: 84.94 vs BKK:STC: 53.90

STC Concrete Product's Days Inventory increased from Mar. 2023 (56.04) to Mar. 2024 (61.29). It might indicate that STC Concrete Product's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. STC Concrete Product's Inventory Turnover for the three months ended in Mar. 2024 was 1.49.

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. STC Concrete Product's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.


STC Concrete Product Days Inventory Historical Data

The historical data trend for STC Concrete Product'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.

STC Concrete Product Days Inventory Chart

STC Concrete Product Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 46.19 48.31 46.97 47.55 49.62

STC Concrete Product 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 56.04 50.53 53.35 55.42 61.29

Competitive Comparison of STC Concrete Product's Days Inventory

For the Building Materials subindustry, STC Concrete Product'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.


STC Concrete Product's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, STC Concrete Product's Days Inventory distribution charts can be found below:

* The bar in red indicates where STC Concrete Product's Days Inventory falls into.



STC Concrete Product Days Inventory Calculation

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

STC Concrete Product'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
=( (46.054 + 61.866) / 2 ) / 396.943*365
=53.96 / 396.943*365
=49.62

STC Concrete Product'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
=( (61.866 + 58.029) / 2 ) / 89.251*365 / 4
=59.9475 / 89.251*365 / 4
=61.29

* 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.


STC Concrete Product  (BKK:STC) 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.

STC Concrete Product'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.

STC Concrete Product'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.


STC Concrete Product Days Inventory Related Terms

Thank you for viewing the detailed overview of STC Concrete Product's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


STC Concrete Product (BKK:STC) Business Description

Traded in Other Exchanges
N/A
Address
220/26 Moo 6, Sukhumvit Road, Nakluea Subdistrict, Banglamung District, Chonburi Province, Pattaya, THA, 20150
STC Concrete Product PLC is engaged in the production and distribution of precast concrete products under the trademark STC CONCRETE. Its products portfolio includes ready mixed concrete, concrete drainage pipes, precast concrete slabs, prestressed concrete pile, lightweight gray brick block, and prefabricated fence panels. The company operates in only one reportable segment that is manufacture and sales of ready-mixed concrete and aggregate and the single geographical area of its operations in Thailand.