Airports Of Thailand (BKK:AOT) Inventory Turnover : 22.68 (As of Dec. 2023)

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What is Airports Of Thailand 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. Airports Of Thailand's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿6,529 Mil. Airports Of Thailand's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿288 Mil. Airports Of Thailand's Inventory Turnover for the quarter that ended in Dec. 2023 was 22.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Airports Of Thailand's Days Inventory for the three months ended in Dec. 2023 was 4.02.

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. Airports Of Thailand's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Airports Of Thailand Inventory Turnover Historical Data

The historical data trend for Airports Of Thailand'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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Airports Of Thailand Inventory Turnover Chart

Airports Of Thailand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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63.70

50.95

56.20

60.47

74.07

Airports Of Thailand Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															15.64	16.74	19.39	26.66	22.68

Airports Of Thailand Inventory Turnover Calculation

Airports Of Thailand's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	23058.722	/ (	(337.504	+	285.132)	/	2 )
=	23058.722	/	311.318
=	74.07

Airports Of Thailand's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	6529.228	/ (	(285.132	+	290.639)	/	2 )
=	6529.228	/	287.8855
=	22.68

Airports Of Thailand (BKK:AOT) 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.

Airports Of Thailand's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	287.8855	/	6529.228	*	365 / 4
	=	4.02

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.

Airports Of Thailand's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	287.8855	/	15707.638
	=	0.02

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.

Airports Of Thailand Inventory Turnover Related Terms

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Airports Of Thailand (BKK:AOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Of Thailand PLC (BKK:AOT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

APTPF:USA AIPUY:USA AIPUF:USA AOT-F:Thailand TATD:Singapore NYVQ:Germany

Address

No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210

Website

https://www.airportthai.co.th

Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

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