Agripure Holdings PCL (BKK:APURE) Inventory Turnover : 0.97 (As of Dec. 2023)

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What is Agripure Holdings 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. Agripure Holdings PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿446 Mil. Agripure Holdings PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿461 Mil. Agripure Holdings PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Agripure Holdings PCL's Days Inventory for the three months ended in Dec. 2023 was 94.44.

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. Agripure Holdings PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.74.

Agripure Holdings PCL Inventory Turnover Historical Data

The historical data trend for Agripure Holdings 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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Agripure Holdings PCL Inventory Turnover Chart

Agripure Holdings PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.56

5.23

5.08

7.62

7.41

Agripure Holdings PCL 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															1.59	1.53	1.69	1.64	0.97

Agripure Holdings PCL Inventory Turnover Calculation

Agripure Holdings 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 )
=	2224.865	/ (	(160.256	+	440.41)	/	2 )
=	2224.865	/	300.333
=	7.41

Agripure Holdings PCL'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 )
=	445.827	/ (	(482.439	+	440.41)	/	2 )
=	445.827	/	461.4245
=	0.97

Agripure Holdings PCL (BKK:APURE) 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.

Agripure Holdings PCL'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
	=	461.4245	/	445.827	*	365 / 4
	=	94.44

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.

Agripure Holdings PCL'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 )
	=	461.4245	/	624.233
	=	0.74

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.

Agripure Holdings PCL Inventory Turnover Related Terms

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Agripure Holdings PCL (BKK:APURE) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agripure Holdings PCL (BKK:APURE) » Definitions » Inventory Turnover

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Address

70 Moo 6 Ruamjaipattana Foundation Building, Klong 1 District, Klongluang, Pathumtani, Rangsit, THA, 12120

Website

https://www.apureholdings.com

Agripure Holdings PCL is a Thailand-based investment holding company engaged in the agricultural business. It manufactures and distributes agro products which include canned sweet corn, fresh vegetable and fruit, and commercial seed. It generates a vast majority of the revenues from the manufacturing and distribution of canned sweet corn. The products are distributed under the brand names Agrifresh and River Kwai.

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