A J Plast PCL (BKK:AJ-F) Inventory Turnover : 0.91 (As of Mar. 2024)

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What is A J Plast 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. A J Plast PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,714 Mil. A J Plast PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿1,889 Mil. A J Plast PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. A J Plast PCL's Days Inventory for the three months ended in Mar. 2024 was 100.54.

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. A J Plast PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.99.

A J Plast PCL Inventory Turnover Historical Data

The historical data trend for A J Plast 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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A J Plast PCL Inventory Turnover Chart

A J Plast PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.30

4.75

6.22

5.57

4.37

A J Plast 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															1.15	1.24	1.24	1.11	0.91

A J Plast PCL Inventory Turnover Calculation

A J Plast 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 )
=	7485.209	/ (	(1653.111	+	1776.07)	/	2 )
=	7485.209	/	1714.5905
=	4.37

A J Plast 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 )
=	1714.233	/ (	(1776.07	+	2001.3)	/	2 )
=	1714.233	/	1888.685
=	0.91

A J Plast PCL (BKK:AJ-F) 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.

A J Plast 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
	=	1888.685	/	1714.233	*	365 / 4
	=	100.54

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.

A J Plast 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 )
	=	1888.685	/	1905.898
	=	0.99

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.

A J Plast PCL Inventory Turnover Related Terms

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A J Plast PCL (BKK:AJ-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » A J Plast PCL (BKK:AJ-F) » Definitions » Inventory Turnover

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AJ:Thailand

Address

95, Thakarm Road, Kwaeng Samaedam, Khet Bangkhuntien, Bangkok, THA, 10150

Website

https://www.ajplast.co.th

A J Plast PCL is a company engaged in the manufacture and sale of plastic films, both locally and exporting to foreign countries. The firm operates in one industry segment that is Packaging. Its product portfolio includes Biaxially Oriented Polypropylene Film (BOPP film), Biaxially Oriented Polyamide Film (BOPA film), Cast Polypropylene Film (CPP Film), Biaxially Oriented Polyester Film (BOPET film), biaxially oriented Poly-Lactic-Acid the (BOPLA film), and metallized film applications.

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