Advanced Information Technology PCL (BKK:AIT) Inventory Turnover : 1.83 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Advanced Information Technology 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. Advanced Information Technology PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,338 Mil. Advanced Information Technology PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿733 Mil. Advanced Information Technology PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advanced Information Technology PCL's Days Inventory for the three months ended in Mar. 2024 was 49.98.

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. Advanced Information Technology PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Advanced Information Technology PCL Inventory Turnover Historical Data

The historical data trend for Advanced Information Technology 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.

* Premium members only.

Advanced Information Technology PCL Inventory Turnover Chart

Advanced Information Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

11.72

4.74

4.65

6.04

6.50

Advanced Information Technology 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															1.09	1.59	1.70	1.88	1.83

Advanced Information Technology PCL Inventory Turnover Calculation

Advanced Information Technology 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 )
=	5209.614	/ (	(882.718	+	720.527)	/	2 )
=	5209.614	/	801.6225
=	6.50

Advanced Information Technology 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 )
=	1337.802	/ (	(720.527	+	744.881)	/	2 )
=	1337.802	/	732.704
=	1.83

Advanced Information Technology PCL (BKK:AIT) 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.

Advanced Information Technology 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
	=	732.704	/	1337.802	*	365 / 4
	=	49.98

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.

Advanced Information Technology 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 )
	=	732.704	/	1658.371
	=	0.44

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.

Advanced Information Technology PCL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Advanced Information Technology PCL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Advanced Information Technology PCL (BKK:AIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Information Technology PCL (BKK:AIT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320

Website

https://www.ait.co.th

Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.