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CPR Gomu Industrial PCL (BKK:CPR) Inventory Turnover : 0.70 (As of Sep. 2024)


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What is CPR Gomu Industrial 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. CPR Gomu Industrial PCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿85.0 Mil. CPR Gomu Industrial PCL's Average Total Inventories for the quarter that ended in Sep. 2024 was ฿121.2 Mil. CPR Gomu Industrial PCL's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CPR Gomu Industrial PCL's Days Inventory for the three months ended in Sep. 2024 was 130.01.

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. CPR Gomu Industrial PCL's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.23.


CPR Gomu Industrial PCL Inventory Turnover Historical Data

The historical data trend for CPR Gomu Industrial 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.

CPR Gomu Industrial PCL Inventory Turnover Chart

CPR Gomu Industrial PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 4.12 4.40 3.44 3.29

CPR Gomu Industrial PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.77 0.77 0.68 0.70

CPR Gomu Industrial PCL Inventory Turnover Calculation

CPR Gomu Industrial 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 )
=368.336 / ((108.432 + 115.348) / 2 )
=368.336 / 111.89
=3.29

CPR Gomu Industrial PCL's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=85.036 / ((119.874 + 122.447) / 2 )
=85.036 / 121.1605
=0.70

* 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.


CPR Gomu Industrial PCL  (BKK:CPR) 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.

CPR Gomu Industrial PCL's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=121.1605/85.036*365 / 4
=130.01

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.

CPR Gomu Industrial PCL's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=121.1605 / 98.587
=1.23

* 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.


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.


CPR Gomu Industrial PCL Inventory Turnover Related Terms

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CPR Gomu Industrial PCL Business Description

Traded in Other Exchanges
Address
78 Moo 2, Paholyothin Road (Km 77.5), Tambon Sanabthub, Amphoe Wangnoi, Ayutthya, THA, 13170
CPR Gomu Industrial PCL is a Thailand-based company. The company is engaged in a single line of business, namely automotive parts The activities of the company are the production of rubber parts, rubber moldings as parts for automobiles and motorcycles and all rubber products made from natural rubber and synthetic rubber. Its products include Rubber bush, Rubber seats, Bushing, Dust cover torsion bars, Rubber-X Pin/ Guage, Mudguard, Seat, Strainer, Oil, and others. The company generates the majority of its revenues from Thailand.

CPR Gomu Industrial PCL Headlines

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