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Techno Medical PCL (BKK:TM) Inventory-to-Revenue : 1.21 (As of Mar. 2024)


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What is Techno Medical PCL Inventory-to-Revenue?

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. Techno Medical PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿219.0 Mil. Techno Medical PCL's Revenue for the three months ended in Mar. 2024 was ฿180.5 Mil. Techno Medical PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.21.

Techno Medical PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.22) to Dec. 2023 (1.21)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techno Medical PCL's Days Inventory for the three months ended in Mar. 2024 was 162.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techno Medical PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.


Techno Medical PCL Inventory-to-Revenue Historical Data

The historical data trend for Techno Medical PCL's Inventory-to-Revenue 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.

* Premium members only.

Techno Medical PCL Inventory-to-Revenue Chart

Techno Medical PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.26 0.25 0.24 0.28 0.29

Techno Medical PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.13 1.19 1.22 1.21

Competitive Comparison of Techno Medical PCL's Inventory-to-Revenue

For the Medical Distribution subindustry, Techno Medical PCL's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Techno Medical PCL's Inventory-to-Revenue Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Techno Medical PCL's Inventory-to-Revenue falls into.



Techno Medical PCL Inventory-to-Revenue Calculation

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.

Techno Medical PCL's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (177.733 + 221.72) / 2 ) / 696.015
=199.7265 / 696.015
=0.29

Techno Medical PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (221.72 + 216.318) / 2 ) / 180.488
=219.019 / 180.488
=1.21

* 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.


Techno Medical PCL  (BKK:TM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Techno Medical 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
=219.019/122.693*365 / 4
=162.89

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Techno Medical PCL's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=122.693 / 219.019
=0.56

* 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.


Techno Medical PCL Inventory-to-Revenue Related Terms

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Techno Medical PCL (BKK:TM) Business Description

Traded in Other Exchanges
N/A
Address
29 Soi Latphrao 92, Phlap Phla sub-district, Wang Thong Lang district, Bangkok, THA, 10310
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies and Medical Equipment and Instrument. Substantial revenue is derived from Disposable Equipment and Supplies segment.