Crown Seal (BKK:CSC) Inventory Turnover : 1.03 (As of Mar. 2024)

View and export this data going back to 1977. Start your Free Trial

What is Crown Seal 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. Crown Seal's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿804 Mil. Crown Seal's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿777 Mil. Crown Seal's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crown Seal's Days Inventory for the three months ended in Mar. 2024 was 88.18.

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. Crown Seal's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.79.

Crown Seal Inventory Turnover Historical Data

The historical data trend for Crown Seal'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.

* Premium members only.

Crown Seal Inventory Turnover Chart

Crown Seal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.58

4.27

4.59

4.04

3.48

Crown Seal Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.88	0.86	0.90	0.93	1.03

Crown Seal Inventory Turnover Calculation

Crown Seal'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 )
=	3075.023	/ (	(987.818	+	780.689)	/	2 )
=	3075.023	/	884.2535
=	3.48

Crown Seal'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 )
=	804.149	/ (	(780.689	+	773.418)	/	2 )
=	804.149	/	777.0535
=	1.03

Crown Seal (BKK:CSC) 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.

Crown Seal'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
	=	777.0535	/	804.149	*	365 / 4
	=	88.18

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.

Crown Seal'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 )
	=	777.0535	/	978.766
	=	0.79

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.

Crown Seal Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Crown Seal's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Crown Seal (BKK:CSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Crown Seal PLC (BKK:CSC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Soi Rangsit - Nakhon Nayok 46, Tambon Prachatipat, Amphur Thanyaburi, Pathum Thani, THA, 12130

Website

https://crownseal.co.th

Crown Seal PLC is engaged in the manufacture and sale of caps for bottles. Based on the products and services, the company is engaged in two reportable segments: Manufacture and sale of caps and Hire of printing sheets for the can. Its products and services include Crown Cap, Maxi Crown, Composite Cap, Hand-crowner, Plastic Cap, and others. The company earns the highest revenue from the Manufacture and sale of caps segment.

Crown Seal (BKK:CSC) Headlines

No Headlines