Communication and System Solution PCL (BKK:CSS) Inventory Turnover : 1.54 (As of Mar. 2024)

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What is Communication and System Solution 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. Communication and System Solution PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿723 Mil. Communication and System Solution PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿470 Mil. Communication and System Solution PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Communication and System Solution PCL's Days Inventory for the three months ended in Mar. 2024 was 59.30.

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. Communication and System Solution PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

Communication and System Solution PCL Inventory Turnover Historical Data

The historical data trend for Communication and System Solution 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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Communication and System Solution PCL Inventory Turnover Chart

Communication and System Solution PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.18

5.99

7.42

8.61

7.63

Communication and System Solution 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															1.60	1.37	1.29	1.66	1.54

Communication and System Solution PCL Inventory Turnover Calculation

Communication and System Solution 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 )
=	3463.608	/ (	(434.753	+	473.538)	/	2 )
=	3463.608	/	454.1455
=	7.63

Communication and System Solution 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 )
=	722.837	/ (	(473.538	+	465.982)	/	2 )
=	722.837	/	469.76
=	1.54

Communication and System Solution PCL (BKK:CSS) 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.

Communication and System Solution 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
	=	469.76	/	722.837	*	365 / 4
	=	59.30

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.

Communication and System Solution 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 )
	=	469.76	/	798.046
	=	0.59

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.

Communication and System Solution PCL Inventory Turnover Related Terms

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Communication and System Solution PCL (BKK:CSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Communication and System Solution PCL (BKK:CSS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120

Website

https://www.cssthai.com

Communication and System Solution PCL is a Thailand based company engaged in the distribution and installation of equipment production for electricity, water, air conditioning, and telecommunication systems. It operates in two segments the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system and fire protection systems and maintenance services. It derives a majority of the revenue from the Distribution of electrical equipment.