Grand Prix International PCL (BKK:GPI-R) Inventory Turnover : 5.23 (As of Mar. 2025)

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What is Grand Prix International 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. Grand Prix International PCL's Cost of Goods Sold for the three months ended in Mar. 2025 was ฿186.3 Mil. Grand Prix International PCL's Average Total Inventories for the quarter that ended in Mar. 2025 was ฿35.6 Mil. Grand Prix International PCL's Inventory Turnover for the quarter that ended in Mar. 2025 was 5.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Prix International PCL's Days Inventory for the three months ended in Mar. 2025 was 17.44.

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. Grand Prix International PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.08.

Grand Prix International PCL Inventory Turnover Historical Data

The historical data trend for Grand Prix International 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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Grand Prix International PCL Inventory Turnover Chart

Grand Prix International PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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39.18

20.99

16.24

12.94

12.55

Grand Prix International PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															5.41	5.02	1.14	1.47	5.23

Grand Prix International PCL Inventory Turnover Calculation

Grand Prix International 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 )
=	402.89	/ (	(30.506	+	33.68)	/	2 )
=	402.89	/	32.093
=	12.55

Grand Prix International PCL's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	186.27	/ (	(33.68	+	37.531)	/	2 )
=	186.27	/	35.6055
=	5.23

Grand Prix International PCL (BKK:GPI-R) 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.

Grand Prix International PCL's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	35.6055	/	186.27	*	365 / 4
	=	17.44

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.

Grand Prix International PCL's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	35.6055	/	445.69
	=	0.08

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.

Grand Prix International PCL Inventory Turnover Related Terms

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Grand Prix International PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Prix International PCL (BKK:GPI-R) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GPI:Thailand

Address

Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220

Website

https://www.grandprix.co.th

Grand Prix International PCL is engaged in Providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments namely Activities, Media & Publishing, Provide Printing Services, and Other segment. The company derives a majority of its revenue from the Activities segment.

Grand Prix International PCL Headlines

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