Thai Beverage (Thai Beverage) Inventory Turnover : 1.02 (As of Mar. 2023)

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What is Thai Beverage Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Thai Beverage's Cost of Goods Sold for the three months ended in Mar. 2023 was $1,363 Mil. Thai Beverage's Average Total Inventories for the quarter that ended in Mar. 2023 was $1,333 Mil. Thai Beverage's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai Beverage's Days Inventory for the three months ended in Mar. 2023 was 89.20.

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. Thai Beverage's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.68.

Thai Beverage Inventory Turnover Historical Data

The historical data trend for Thai Beverage's Inventory Turnover 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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Thai Beverage Inventory Turnover Chart

Thai Beverage Annual Data

Trend

Dec13

Dec14

Dec15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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4.61

4.17

3.77

3.94

4.06

Thai Beverage Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	1.02	-	1.02	-

Thai Beverage Inventory Turnover Calculation

Thai Beverage's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	5469.813	/ (	(1242.992	+	1451.414)	/	2 )
=	5469.813	/	1347.203
=	4.06

Thai Beverage's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	1363.335	/ (	(1242.992	+	1422.474)	/	2 )
=	1363.335	/	1332.733
=	1.02

Thai Beverage (OTCPK:TBVPF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Thai Beverage's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	1332.733	/	1363.335	*	365 / 4
	=	89.20

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.

Thai Beverage's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	1332.733	/	1955.547
	=	0.68

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Thai Beverage Inventory Turnover Related Terms

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Thai Beverage (Thai Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Thai Beverage PLC (OTCPK:TBVPF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TBVPY:USA Y92:Singapore T6W:Germany

Address

14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900

Website

https://www.thaibev.com

Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage (Thai Beverage) Headlines

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