Pilatus Marine PCL (BKK:PLT) Inventory Turnover : 10.85 (As of Sep. 2023)

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What is Pilatus Marine 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. Pilatus Marine PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿159.7 Mil. Pilatus Marine PCL's Average Total Inventories for the quarter that ended in Sep. 2023 was ฿14.7 Mil. Pilatus Marine PCL's Inventory Turnover for the quarter that ended in Sep. 2023 was 10.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pilatus Marine PCL's Days Inventory for the three months ended in Sep. 2023 was 8.41.

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. Pilatus Marine PCL's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.08.

Pilatus Marine PCL Inventory Turnover Historical Data

The historical data trend for Pilatus Marine 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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Pilatus Marine PCL Inventory Turnover Chart

Pilatus Marine PCL Annual Data

Trend

Dec21

Dec22

Inventory Turnover

80.10

77.02

Pilatus Marine PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			23.82	-	16.27	15.93	10.85

Pilatus Marine PCL Inventory Turnover Calculation

Pilatus Marine 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 )
=	651.104	/ (	(6.805	+	10.102)	/	2 )
=	651.104	/	8.4535
=	77.02

Pilatus Marine PCL's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	159.716	/ (	(9.217	+	20.213)	/	2 )
=	159.716	/	14.715
=	10.85

Pilatus Marine PCL (BKK:PLT) 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.

Pilatus Marine PCL's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	14.715	/	159.716	*	365 / 4
	=	8.41

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.

Pilatus Marine PCL's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	14.715	/	186.761
	=	0.08

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.

Pilatus Marine PCL Inventory Turnover Related Terms

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Pilatus Marine PCL (BKK:PLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pilatus Marine PCL (BKK:PLT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

84/1-4 Young Place Grand Le Jardin, 1st – 4th Floor, Soi Phahon Yothin 37, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website

https://www.pilatusmarine.co.th

Pilatus Marine PCL is Thailand's leading owner and operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The company leased the vessel to transport liquefied petroleum gas from other companies and It also provides liquefied petroleum gas transportation by truck.

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