Bangkok Lab and Cosmetic PCL (BKK:BLC) Inventory Turnover : 0.40 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Bangkok Lab and Cosmetic 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. Bangkok Lab and Cosmetic PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿157 Mil. Bangkok Lab and Cosmetic PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿394 Mil. Bangkok Lab and Cosmetic PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bangkok Lab and Cosmetic PCL's Days Inventory for the three months ended in Mar. 2024 was 229.18.

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. Bangkok Lab and Cosmetic PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.

Bangkok Lab and Cosmetic PCL Inventory Turnover Historical Data

The historical data trend for Bangkok Lab and Cosmetic 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.

Bangkok Lab and Cosmetic PCL Inventory Turnover Chart

Bangkok Lab and Cosmetic PCL Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

1.53

1.44

1.55

Bangkok Lab and Cosmetic PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					0.36	0.33	0.35	0.41	0.40

Bangkok Lab and Cosmetic PCL Inventory Turnover Calculation

Bangkok Lab and Cosmetic 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 )
=	615.071	/ (	(400.466	+	392.827)	/	2 )
=	615.071	/	396.6465
=	1.55

Bangkok Lab and Cosmetic 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 )
=	157.041	/ (	(392.827	+	396.005)	/	2 )
=	157.041	/	394.416
=	0.40

Bangkok Lab and Cosmetic PCL (BKK:BLC) 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.

Bangkok Lab and Cosmetic 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
	=	394.416	/	157.041	*	365 / 4
	=	229.18

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.

Bangkok Lab and Cosmetic 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 )
	=	394.416	/	365.113
	=	1.08

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.

Bangkok Lab and Cosmetic PCL Inventory Turnover Related Terms

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

Bangkok Lab and Cosmetic PCL (BKK:BLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bangkok Lab and Cosmetic PCL (BKK:BLC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nong Chae Sao Road, No. 48/1 Moo 5, Nam Phu, Mueang Ratchaburi, Ratchaburi, Bangkok, THA, 70000

Website

https://www.bangkoklab.co.th

Bangkok Lab and Cosmetic PCL are one of Thailand's comprehensive healthcare solutions groups. Its operation covers the complete value chain of the healthcare business. Its product portfolio comprises generic and new generic drugs, herbal medicines, animal medicines, cosmetics, food supplements, and other health products. Its operation ranges from research and development, manufacturing with international standards, sales, and marketing, to distribution to partnering businesses and customers.

Bangkok Lab and Cosmetic PCL (BKK:BLC) Headlines

No Headlines