Ama Marine PCL (BKK:AMA) Inventory Turnover : 5.59 (As of Mar. 2024)

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What is Ama Marine 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. Ama Marine PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿665 Mil. Ama Marine PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿119 Mil. Ama Marine PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ama Marine PCL's Days Inventory for the three months ended in Mar. 2024 was 16.33.

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. Ama Marine PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

Ama Marine PCL Inventory Turnover Historical Data

The historical data trend for Ama Marine 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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Ama Marine PCL Inventory Turnover Chart

Ama Marine PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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21.83

23.87

26.31

29.89

23.51

Ama Marine 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															6.59	6.58	5.66	5.24	5.59

Ama Marine PCL Inventory Turnover Calculation

Ama Marine 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 )
=	2497.592	/ (	(91.377	+	121.117)	/	2 )
=	2497.592	/	106.247
=	23.51

Ama Marine 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 )
=	665.415	/ (	(121.117	+	117.015)	/	2 )
=	665.415	/	119.066
=	5.59

Ama Marine PCL (BKK:AMA) 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.

Ama Marine 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
	=	119.066	/	665.415	*	365 / 4
	=	16.33

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.

Ama Marine 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 )
	=	119.066	/	779.075
	=	0.15

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.

Ama Marine PCL Inventory Turnover Related Terms

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Ama Marine PCL (BKK:AMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ama Marine PCL (BKK:AMA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Room No. TNA02, TNA03, Rama 9 Road, 33/4 The Nine Tower A, 33rd Floor, Huaykwang, Bangkok, THA, 10310

Website

https://www.amamarine.co.th

Ama Marine PCL is a Thailand based company engages in the provision of marine transportation services in the Southeast Asia region. It operates through the following segments: Marine transportation services segment which rendered in the Southeast Asia region and Logistic services segment virtually in Thailand by transportation of fuel oil and gas. It provides international liquid logistic services by tankers for various liquid products, including palm oil, vegetable oil, and other chemicals.

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