Dexon Technology PCL (BKK:DEXON) Inventory Turnover : 1.58 (As of Sep. 2023)

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What is Dexon Technology 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. Dexon Technology PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ฿92.2 Mil. Dexon Technology PCL's Average Total Inventories for the quarter that ended in Sep. 2023 was ฿58.5 Mil. Dexon Technology PCL's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dexon Technology PCL's Days Inventory for the three months ended in Sep. 2023 was 57.90.

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. Dexon Technology PCL's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.50.

Dexon Technology PCL Inventory Turnover Historical Data

The historical data trend for Dexon Technology 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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Dexon Technology PCL Inventory Turnover Chart

Dexon Technology PCL Annual Data

Trend

Dec21

Dec22

Inventory Turnover

11.41

10.82

Dexon Technology PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			-	2.57	2.27	2.08	1.58

Dexon Technology PCL Inventory Turnover Calculation

Dexon Technology PCL's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	354.075	/ (	(26.366	+	39.071)	/	2 )
=	354.075	/	32.7185
=	10.82

Dexon Technology PCL's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	92.17	/ (	(55.936	+	61.038)	/	2 )
=	92.17	/	58.487
=	1.58

Dexon Technology PCL (BKK:DEXON) 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.

Dexon Technology PCL's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	58.487	/	92.17	*	365 / 4
	=	57.90

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.

Dexon Technology PCL's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	58.487	/	116.654
	=	0.50

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.

Dexon Technology PCL Inventory Turnover Related Terms

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Dexon Technology PCL (BKK:DEXON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dexon Technology PCL (BKK:DEXON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

78/4-5 Moo 6, Sukhumvit Road, Ban Chang, Rayong, THA, 21130

Website

https://www.dexon-technology.com

Dexon Technology PCL is engaged in providing non-destructive inspection services, inspection training across the board of inspection standards and distributor of tools, spare parts and equipment used for the inspection of goods quality. The company's operating segments include Research and development innovation segment, Advanve In-line inspection technology segment, Advance non-destructive testing technology segment, Asset integrity management service segment, and Conventional non-destructive inspection segment.

Dexon Technology PCL (BKK:DEXON) Headlines

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