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PanelesMatic Solutions PCL (BKK:PANEL) Inventory Turnover : 1.17 (As of Mar. 2024)


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What is PanelesMatic Solutions 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. PanelesMatic Solutions PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿15.82 Mil. PanelesMatic Solutions PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿13.54 Mil. PanelesMatic Solutions PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PanelesMatic Solutions PCL's Days Inventory for the three months ended in Mar. 2024 was 78.09.

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. PanelesMatic Solutions PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

PanelesMatic Solutions PCL Inventory Turnover Historical Data

The historical data trend for PanelesMatic Solutions 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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PanelesMatic Solutions PCL Inventory Turnover Chart

PanelesMatic Solutions PCL Annual Data
Trend Dec20 Dec21 Dec22
Inventory Turnover
- 1.82 3.24

PanelesMatic Solutions PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Mar24
Inventory Turnover Get a 7-Day Free Trial 0.62 1.53 0.87 1.08 1.17

PanelesMatic Solutions PCL Inventory Turnover Calculation

PanelesMatic Solutions PCL's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=67.845 / ((22.15 + 19.754) / 2 )
=67.845 / 20.952
=3.24

PanelesMatic Solutions 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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=15.818 / ((15.302 + 11.772) / 2 )
=15.818 / 13.537
=1.17

* 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.

PanelesMatic Solutions PCL  (BKK:PANEL) 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.

PanelesMatic Solutions 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
=13.537/15.818*365 / 4
=78.09

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.

PanelesMatic Solutions 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 )
=13.537 / 26.795
=0.51

* 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.

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.

PanelesMatic Solutions PCL Inventory Turnover Related Terms

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PanelesMatic Solutions PCL (BKK:PANEL) Business Description

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PanelesMatic Solutions PCL provides a complete solution from import, production, supply, installation, decoration and after-sales service of Doors & Walls.

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