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G-Able PCL (BKK:GABLE) Inventory Turnover : 40.77 (As of Dec. 2024)


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What is G-Able 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. G-Able PCL's Cost of Goods Sold for the three months ended in Dec. 2024 was ฿1,339 Mil. G-Able PCL's Average Total Inventories for the quarter that ended in Dec. 2024 was ฿33 Mil. G-Able PCL's Inventory Turnover for the quarter that ended in Dec. 2024 was 40.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. G-Able PCL's Days Inventory for the three months ended in Dec. 2024 was 2.24.

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. G-Able PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.


G-Able PCL Inventory Turnover Historical Data

The historical data trend for G-Able 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.

G-Able PCL Inventory Turnover Chart

G-Able PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
126.48 109.87 85.35 94.68 160.71

G-Able PCL Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 35.29 27.56 49.72 26.69 40.77

G-Able PCL Inventory Turnover Calculation

G-Able PCL's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=5028.621 / ((41.529 + 21.053) / 2 )
=5028.621 / 31.291
=160.71

G-Able PCL's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=1338.769 / ((44.628 + 21.053) / 2 )
=1338.769 / 32.8405
=40.77

* 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.


G-Able PCL  (BKK:GABLE) 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.

G-Able PCL's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=32.8405/1338.769*365 / 4
=2.24

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.

G-Able PCL's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=32.8405 / 1698.285
=0.02

* 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.


G-Able PCL Inventory Turnover Related Terms

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G-Able PCL Business Description

Traded in Other Exchanges
N/A
Address
Nonsee Road, 25th Floor, 127/30 Panjathani Tower, Kwang Chongnonsee, Khet Yannawa, Bangkok, THA, 10120
G-Able PCL is engaged in the distribution and provision of services related to the installation, development and integration of computer systems, software and related equipment. The company has three reportable segment. The development & implementation segment, which is mainly responsible for planning & designing information technology system as well as providing & installing both hardware & software. The maintenance segment, which provides maintenance services for the information technology system. The information technology services segment, which provides other IT services than the development, implementation, & maintenance. The majority is from the development and implementation segment. Geographically, it operates in Thailand.

G-Able PCL Headlines

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