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Patrangsit Healthcare Group PCL (BKK:PHG) Inventory-to-Revenue : 0.10 (As of Mar. 2024)


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What is Patrangsit Healthcare Group PCL Inventory-to-Revenue?

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. Patrangsit Healthcare Group PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿57 Mil. Patrangsit Healthcare Group PCL's Revenue for the three months ended in Mar. 2024 was ฿567 Mil. Patrangsit Healthcare Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Patrangsit Healthcare Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.09) to Dec. 2023 (0.10)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Patrangsit Healthcare Group PCL's Days Inventory for the three months ended in Mar. 2024 was 12.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Patrangsit Healthcare Group PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.46.


Patrangsit Healthcare Group PCL Inventory-to-Revenue Historical Data

The historical data trend for Patrangsit Healthcare Group PCL's Inventory-to-Revenue 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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Patrangsit Healthcare Group PCL Inventory-to-Revenue Chart

Patrangsit Healthcare Group PCL Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.02 0.02 0.02

Patrangsit Healthcare Group PCL Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial 0.10 0.10 0.09 0.09 0.10

Competitive Comparison of Patrangsit Healthcare Group PCL's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Patrangsit Healthcare Group PCL's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Patrangsit Healthcare Group PCL's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Patrangsit Healthcare Group PCL's Inventory-to-Revenue falls into.



Patrangsit Healthcare Group PCL Inventory-to-Revenue Calculation

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.

Patrangsit Healthcare Group PCL's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (44.41 + 54.549) / 2 ) / 2137.961
=49.4795 / 2137.961
=0.02

Patrangsit Healthcare Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (54.549 + 59.657) / 2 ) / 566.717
=57.103 / 566.717
=0.10

* 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.


Patrangsit Healthcare Group PCL  (BKK:PHG) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Patrangsit Healthcare Group PCL's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=57.103/425.783*365 / 4
=12.24

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Patrangsit Healthcare Group PCL's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=425.783 / 57.103
=7.46

* 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.


Patrangsit Healthcare Group PCL Inventory-to-Revenue Related Terms

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Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130
Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.