Twenty-Four Con & Supply PCL (BKK:24CS) Inventory Turnover : 1.29 (As of Mar. 2024)

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What is Twenty-Four Con & Supply PCL 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. Twenty-Four Con & Supply PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿44.1 Mil. Twenty-Four Con & Supply PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿34.1 Mil. Twenty-Four Con & Supply PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Twenty-Four Con & Supply PCL's Days Inventory for the three months ended in Mar. 2024 was 70.59.

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. Twenty-Four Con & Supply PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.

Twenty-Four Con & Supply PCL Inventory Turnover Historical Data

The historical data trend for Twenty-Four Con & Supply PCL'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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Twenty-Four Con & Supply PCL Inventory Turnover Chart

Twenty-Four Con & Supply PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

100.93

103.98

97.39

18.50

10.73

Twenty-Four Con & Supply PCL Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							3.30	1.99	2.69	1.28	1.29

Twenty-Four Con & Supply PCL Inventory Turnover Calculation

Twenty-Four Con & Supply PCL's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	671.433	/ (	(86.345	+	38.755)	/	2 )
=	671.433	/	62.55
=	10.73

Twenty-Four Con & Supply PCL's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	44.138	/ (	(38.755	+	29.532)	/	2 )
=	44.138	/	34.1435
=	1.29

Twenty-Four Con & Supply PCL (BKK:24CS) 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.

Twenty-Four Con & Supply 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
	=	34.1435	/	44.138	*	365 / 4
	=	70.59

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.

Twenty-Four Con & Supply PCL's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	34.1435	/	41.689
	=	0.82

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.

Twenty-Four Con & Supply PCL Inventory Turnover Related Terms

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Twenty-Four Con & Supply PCL (BKK:24CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twenty-Four Con & Supply PCL (BKK:24CS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratchadaphisek Road, 89 AIA Capital Center, 9th Floor, Unit 901, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400

Website

https://www.24con-supply.com

Twenty-Four Con & Supply PCL is engaged in selling and installing ventilation and air conditioning systems, electricity systems and plumbing systems as well as maintenance services. The company's reportable segments are Service render for construction of heating, ventilation, and air conditioning systems, electricity systems and plumbing systems; Service render for maintenance services. The company's majority revenue is generated from Services segment.

Twenty-Four Con & Supply PCL (BKK:24CS) Headlines

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