Tropical Canning (Thailand) PCL (BKK:TC) Days Inventory : 92.70 (As of Dec. 2023)

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What is Tropical Canning (Thailand) PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tropical Canning (Thailand) PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿1,288 Mil. Tropical Canning (Thailand) PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿1,268 Mil. Hence, Tropical Canning (Thailand) PCL's Days Inventory for the three months ended in Dec. 2023 was 92.70.

The historical rank and industry rank for Tropical Canning (Thailand) PCL's Days Inventory or its related term are showing as below:

BKK:TC' s Days Inventory Range Over the Past 10 Years
Min: 69.92 Med: 81.36 Max: 109.55
Current: 94.34

During the past 13 years, Tropical Canning (Thailand) PCL's highest Days Inventory was 109.55. The lowest was 69.92. And the median was 81.36.

BKK:TC's Days Inventory is ranked worse than
57.13% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs BKK:TC: 94.34

Tropical Canning (Thailand) PCL's Days Inventory increased from Dec. 2022 (88.93) to Dec. 2023 (92.70). It might indicate that Tropical Canning (Thailand) PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tropical Canning (Thailand) PCL's Inventory Turnover for the three months ended in Dec. 2023 was 0.98.

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. Tropical Canning (Thailand) PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.95.

Tropical Canning (Thailand) PCL Days Inventory Historical Data

The historical data trend for Tropical Canning (Thailand) 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.

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Tropical Canning (Thailand) PCL Days Inventory Chart

Tropical Canning (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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74.65

73.96

109.55

89.61

102.56

Tropical Canning (Thailand) PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															88.93	83.19	102.28	93.34	92.70

Competitive Comparison of Tropical Canning (Thailand) PCL's Days Inventory

For the Packaged Foods subindustry, Tropical Canning (Thailand) 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.

Tropical Canning (Thailand) PCL's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tropical Canning (Thailand) PCL's Days Inventory falls into.

Tropical Canning (Thailand) PCL Days Inventory Calculation

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

Tropical Canning (Thailand) 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
=	( (1275.03	+	1344.094)	/	2 )	/	4660.449	*	365
=	1309.562					/	4660.449	*	365
=	102.56

Tropical Canning (Thailand) PCL's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1232.861	+	1344.094)	/	2 )	/	1268.269	*	365 / 4
=	1288.4775					/	1268.269	*	365 / 4
=	92.70

Tropical Canning (Thailand) PCL (BKK:TC) 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.

Tropical Canning (Thailand) PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1268.269	/	1288.4775
	=	0.98

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.

Tropical Canning (Thailand) PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1288.4775	/	1355.132
	=	0.95

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.

Tropical Canning (Thailand) PCL Days Inventory Related Terms

Thank you for viewing the detailed overview of Tropical Canning (Thailand) PCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Tropical Canning (Thailand) PCL (BKK:TC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tropical Canning (Thailand) PCL (BKK:TC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1 Moo 2, Karnjanavanich Road, P.O. Box 44, Thungyai, Hatyai, Songkhla, THA, 90110

Website

https://www.tropical.co.th

Tropical Canning (Thailand) PCL is engaged in the manufacturing and trading of canned and pouched seafood products. The product portfolio includes Regular tuna products, Canned shellfish products, Ready-to-eat products, and Petfood cans. It has a business presence in the African continent, the European continent, the Asian continent and the American continent, among others.