Nawarat Patanakarn PCL (BKK:NWR) Inventory Turnover : 1.11 (As of Mar. 2024)

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What is Nawarat Patanakarn 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. Nawarat Patanakarn PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿2,649 Mil. Nawarat Patanakarn PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿2,388 Mil. Nawarat Patanakarn PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nawarat Patanakarn PCL's Days Inventory for the three months ended in Mar. 2024 was 82.23.

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. Nawarat Patanakarn PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.

Nawarat Patanakarn PCL Inventory Turnover Historical Data

The historical data trend for Nawarat Patanakarn 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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Nawarat Patanakarn PCL Inventory Turnover Chart

Nawarat Patanakarn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.86

3.63

4.47

4.64

4.29

Nawarat Patanakarn 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															0.99	1.08	1.06	1.02	1.11

Nawarat Patanakarn PCL Inventory Turnover Calculation

Nawarat Patanakarn 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 )
=	10965.115	/ (	(2660.325	+	2449.838)	/	2 )
=	10965.115	/	2555.0815
=	4.29

Nawarat Patanakarn 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 )
=	2649.365	/ (	(2449.838	+	2325.336)	/	2 )
=	2649.365	/	2387.587
=	1.11

Nawarat Patanakarn PCL (BKK:NWR) 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.

Nawarat Patanakarn 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
	=	2387.587	/	2649.365	*	365 / 4
	=	82.23

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.

Nawarat Patanakarn 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 )
	=	2387.587	/	2911.029
	=	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.

Nawarat Patanakarn PCL Inventory Turnover Related Terms

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

Nawarat Patanakarn PCL (BKK:NWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nawarat Patanakarn PCL (BKK:NWR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangna-Trad Road Km. 6.5, 2/3, Bangna Towers A, 18th -19th Floor, Moo 14, Bangkaew, Bangplee, Samutprakarn, THA, 10540

Website

https://www.nawarat.co.th

Nawarat Patanakarn PCL is engaged in the provision of construction services. The company operates through three business segments which include the Construction contracting business, Real estate development business and Manufacture of concrete product business. Additionally, it undertakes works of construction as the main contractor, a sub-contractor, or through a joint venture business. The construction services include building, industrial, infrastructure, and marine. Its product consists of precast concrete piles, pre-stressed concrete girders, precise segmental tunnel lining, jacking pipes, precise shafts, caissons, and steel fabrication. The company serves various sectors such as government sectors, state enterprises, as well as private sectors.

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