Singha Estate PCL (BKK:S) Inventory Turnover : 0.21 (As of Mar. 2024)

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What is Singha Estate 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. Singha Estate PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿2,461 Mil. Singha Estate PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿11,457 Mil. Singha Estate PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Singha Estate PCL's Days Inventory for the three months ended in Mar. 2024 was 424.83.

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. Singha Estate PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.84.

Singha Estate PCL Inventory Turnover Historical Data

The historical data trend for Singha Estate 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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Singha Estate PCL Inventory Turnover Chart

Singha Estate PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.48

0.42

0.87

1.11

0.98

Singha Estate 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															0.23	0.27	0.21	0.27	0.21

Singha Estate PCL Inventory Turnover Calculation

Singha Estate 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 )
=	9572.55	/ (	(8033.324	+	11467.911)	/	2 )
=	9572.55	/	9750.6175
=	0.98

Singha Estate 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 )
=	2460.822	/ (	(11467.911	+	11445.909)	/	2 )
=	2460.822	/	11456.91
=	0.21

Singha Estate PCL (BKK:S) 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.

Singha Estate 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
	=	11456.91	/	2460.822	*	365 / 4
	=	424.83

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.

Singha Estate 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 )
	=	11456.91	/	4034.181
	=	2.84

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.

Singha Estate PCL Inventory Turnover Related Terms

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Singha Estate PCL (BKK:S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Singha Estate PCL (BKK:S) » Definitions » Inventory Turnover

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Address

Vibhavadi - Rangsit Road, 123 Suntowers Building B, 22nd Floor, Chomphon, Chatuchak, Bangkok, THA, 10900

Website

https://www.singhaestate.co.th

Singha Estate PCL is a real estate development company operating primarily in Thailand. The group is engaged in the development and investment of real estate, hospitality business, property rental business, and real estate development service business. Revenue is generated through unit rental income, service charges for utilities, and other service fees. It operates in the following segments: House and condominium, Hospitality, Investment Property, and Other income. The hospitality segment earns the majority of the revenue.