Ichitan Group PCL (BKK:ICHI-F) Inventory Turnover : 2.84 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Ichitan Group 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. Ichitan Group PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,582 Mil. Ichitan Group PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿557 Mil. Ichitan Group PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ichitan Group PCL's Days Inventory for the three months ended in Mar. 2024 was 32.14.

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. Ichitan Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Ichitan Group PCL Inventory Turnover Historical Data

The historical data trend for Ichitan Group 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.

Ichitan Group PCL Inventory Turnover Chart

Ichitan Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

7.23

7.20

7.53

9.21

11.22

Ichitan Group 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															2.75	3.55	3.50	3.23	2.84

Ichitan Group PCL Inventory Turnover Calculation

Ichitan Group 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 )
=	6163.215	/ (	(587.784	+	511.005)	/	2 )
=	6163.215	/	549.3945
=	11.22

Ichitan Group 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 )
=	1582.347	/ (	(511.005	+	603.786)	/	2 )
=	1582.347	/	557.3955
=	2.84

Ichitan Group PCL (BKK:ICHI-F) 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.

Ichitan Group 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
	=	557.3955	/	1582.347	*	365 / 4
	=	32.14

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.

Ichitan Group 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 )
	=	557.3955	/	2140.275
	=	0.26

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.

Ichitan Group PCL Inventory Turnover Related Terms

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

Ichitan Group PCL (BKK:ICHI-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Ichitan Group PCL (BKK:ICHI-F) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ICHI:Thailand

Address

Soi Sukhumvit 40, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110

Website

http://www.ichitangroup.com

Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. Some of its brands include Ichitan, Yen Yen, and others. It also has the rights to Bireley's fruit beverage brand in several Asian and North American countries. The group operates in a single line of business, namely the Beverage business. Ichitan derives most of its revenue from Thailand.

Ichitan Group PCL (BKK:ICHI-F) Headlines

No Headlines