Energy Absolute PCL (BKK:EA) Inventory Turnover : 0.60 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Energy Absolute 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. Energy Absolute PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿4,271 Mil. Energy Absolute PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿7,111 Mil. Energy Absolute PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energy Absolute PCL's Days Inventory for the three months ended in Mar. 2024 was 151.90.

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. Energy Absolute PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.

Energy Absolute PCL Inventory Turnover Historical Data

The historical data trend for Energy Absolute 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.

* Premium members only.

Energy Absolute PCL Inventory Turnover Chart

Energy Absolute PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

12.42

11.66

10.27

4.97

3.05

Energy Absolute PCL 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															0.95	0.68	0.67	0.58	0.60

Energy Absolute PCL Inventory Turnover Calculation

Energy Absolute 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 )
=	19694.797	/ (	(5516.417	+	7412.184)	/	2 )
=	19694.797	/	6464.3005
=	3.05

Energy Absolute 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 )
=	4271.488	/ (	(7412.184	+	6809.331)	/	2 )
=	4271.488	/	7110.7575
=	0.60

Energy Absolute PCL (BKK:EA) 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.

Energy Absolute 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
	=	7110.7575	/	4271.488	*	365 / 4
	=	151.90

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.

Energy Absolute 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 )
	=	7110.7575	/	5786.931
	=	1.23

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.

Energy Absolute PCL Inventory Turnover Related Terms

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

Energy Absolute PCL (BKK:EA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Absolute PCL (BKK:EA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

89, Ratchadaphisek Road, 16th Floor, AIA Capital Center Building, Din Daeng District, Bangkok, THA, 10400

Website

https://www.energyabsolute.co.th

Energy Absolute PCL is a Thailand-based energy company that produces biodiesel and alternative energy and engages in oil trading activities. The Group has five reportable segments which comprises of manufacturing and distributing crude palm oil, biodiesel products, and pure glycerine products, manufacturing and distributing electricity from solar, wind power and biomass, consulting in the project regarding alternative electric energy, manufacturing and distributing electric vehicles, manufacturing and distributing battery and head office and others It generates maximum revenue from the manufacturing and distribution of electricity from the solar and wind power segment from sales located primarily in Thailand.