Pranda Jewelry PCL (BKK:PDJ) Inventory Turnover : 0.62 (As of Mar. 2024)

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What is Pranda Jewelry 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. Pranda Jewelry PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿950 Mil. Pranda Jewelry PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿1,537 Mil. Pranda Jewelry PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pranda Jewelry PCL's Days Inventory for the three months ended in Mar. 2024 was 147.68.

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. Pranda Jewelry PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.38.

Pranda Jewelry PCL Inventory Turnover Historical Data

The historical data trend for Pranda Jewelry 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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Pranda Jewelry PCL Inventory Turnover Chart

Pranda Jewelry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.35

1.23

1.43

1.74

1.76

Pranda Jewelry 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															0.35	0.35	0.47	0.55	0.62

Pranda Jewelry PCL Inventory Turnover Calculation

Pranda Jewelry 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 )
=	2661.978	/ (	(1529.888	+	1499.537)	/	2 )
=	2661.978	/	1514.7125
=	1.76

Pranda Jewelry 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 )
=	949.583	/ (	(1499.537	+	1574.146)	/	2 )
=	949.583	/	1536.8415
=	0.62

Pranda Jewelry PCL (BKK:PDJ) 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.

Pranda Jewelry 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
	=	1536.8415	/	949.583	*	365 / 4
	=	147.68

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.

Pranda Jewelry 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 )
	=	1536.8415	/	1113.091
	=	1.38

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.

Pranda Jewelry PCL Inventory Turnover Related Terms

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Pranda Jewelry PCL (BKK:PDJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pranda Jewelry PCL (BKK:PDJ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Soi Bangna-Trad 28, Bangna Tai Subdistrict, Bangna District, Bangkok, THA, 10260

Website

https://www.pranda.com

Pranda Jewelry PCL is principally engaged in the manufacturing and distribution of jewelry. The company operates in various business segments that include Production of jewelry, Distribution of Jewelry, and Retail Jewelry. The Production of jewelry segment generates maximum revenue for the company. The company exports its products to USA, Germany, and Others. The company's products consist of gold jewelry, silver jewelry, and costume jewelry products distributed under the brand names of Prima Gold, Prima Diamond, Prima Art, Gringoire, Gemondo, Merii, Ariva, and Esse.