Central Retail PCL (BKK:CRC) Inventory Turnover : 0.93 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Central Retail 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. Central Retail PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿42,953 Mil. Central Retail PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿46,148 Mil. Central Retail PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Central Retail PCL's Days Inventory for the three months ended in Dec. 2023 was 98.04.

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. Central Retail PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.

Central Retail PCL Inventory Turnover Historical Data

The historical data trend for Central Retail 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.

Central Retail PCL Inventory Turnover Chart

Central Retail PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.16

3.76

3.84

3.98

3.66

Central Retail PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.00	0.98	0.91	0.87	0.93

Central Retail PCL Inventory Turnover Calculation

Central Retail 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 )
=	164941.372	/ (	(43675.11	+	46412.52)	/	2 )
=	164941.372	/	45043.815
=	3.66

Central Retail PCL's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	42952.653	/ (	(45882.956	+	46412.52)	/	2 )
=	42952.653	/	46147.738
=	0.93

Central Retail PCL (BKK:CRC) 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.

Central Retail PCL's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	46147.738	/	42952.653	*	365 / 4
	=	98.04

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.

Central Retail PCL's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	46147.738	/	61102.931
	=	0.76

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.

Central Retail PCL Inventory Turnover Related Terms

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

Central Retail PCL (BKK:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Central Retail Corp PCL (BKK:CRC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CRC-F:Thailand

Address

22 Soi Somkid, Ploenchit Road, Kwang Lumpini, Khet Phathumvan, Bangkok, THA, 10330

Website

https://www.centralretail.com

Central Retail Corp PCL is a multi-format & multi-category retailing platform in Thailand. It is a pioneer in omnichannel retailing in Thailand, complementing its retail store network & merchandise offerings with positions among store-based retailers in online traffic. The company uses the Central trademarks, service marks, & tradenames in business operations under certain licensing agreements. The company has introduced new retail formats to the customer, including department stores, specialty stores, supermarkets, hypermarkets, convenience stores & retail plazas. It operates under a diverse slate of retail banners divided into three segments, namely, Hardline, Food Products & Fashion. The majority is generated from Food Products. Geographically, the majority of revenue is from Thailand.