Areeya Property PCL (BKK:A) Inventory Turnover : 0.06 (As of Dec. 2023)

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What is Areeya Property 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. Areeya Property PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿420 Mil. Areeya Property PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿6,495 Mil. Areeya Property PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Areeya Property PCL's Days Inventory for the three months ended in Dec. 2023 was 1,410.63.

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. Areeya Property PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 12.56.

Areeya Property PCL Inventory Turnover Historical Data

The historical data trend for Areeya Property 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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Areeya Property PCL Inventory Turnover Chart

Areeya Property PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.20

0.56

0.40

0.34

0.31

Areeya Property 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															0.09	0.07	0.07	0.10	0.06

Areeya Property PCL Inventory Turnover Calculation

Areeya Property 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 )
=	2022.949	/ (	(6767.777	+	6451.652)	/	2 )
=	2022.949	/	6609.7145
=	0.31

Areeya Property 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 )
=	420.172	/ (	(6539.229	+	6451.652)	/	2 )
=	420.172	/	6495.4405
=	0.06

Areeya Property PCL (BKK:A) 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.

Areeya Property 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
	=	6495.4405	/	420.172	*	365 / 4
	=	1,410.63

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.

Areeya Property 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 )
	=	6495.4405	/	517.278
	=	12.56

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.

Areeya Property PCL Inventory Turnover Related Terms

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Areeya Property PCL (BKK:A) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Areeya Property PCL (BKK:A) » Definitions » Inventory Turnover

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Address

999 Praditmanutham Road, Kwaeng Saphansong, Khet Wangthonglang, Bangkok, THA, 10310

Website

https://www.areeya.co.th

Areeya Property PCL is a real estate company. The company is engaged in the development of real estate projects by all projects operated under name of Areeya. Its projects include single houses, village towns, townhomes, home offices, and condominium. The company operates solely in Thailand.