JKN Global Group PCL (BKK:JKN) Inventory Turnover : 10.89 (As of Dec. 2023)

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What is JKN Global 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. JKN Global Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿575 Mil. JKN Global Group PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿53 Mil. JKN Global Group PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JKN Global Group PCL's Days Inventory for the three months ended in Dec. 2023 was 8.38.

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. JKN Global Group PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

JKN Global Group PCL Inventory Turnover Historical Data

The historical data trend for JKN Global 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.

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JKN Global Group PCL Inventory Turnover Chart

JKN Global Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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335.60

1,644.87

80.01

35.67

48.71

JKN Global Group PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															8.31	13.37	4.74	10.49	10.89

JKN Global Group PCL Inventory Turnover Calculation

JKN Global 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 )
=	1970.047	/ (	(43.343	+	37.543)	/	2 )
=	1970.047	/	40.443
=	48.71

JKN Global Group PCL's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	575.413	/ (	(68.094	+	37.543)	/	2 )
=	575.413	/	52.8185
=	10.89

JKN Global Group PCL (BKK:JKN) 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.

JKN Global Group PCL's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	52.8185	/	575.413	*	365 / 4
	=	8.38

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.

JKN Global Group PCL's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	52.8185	/	164.946
	=	0.32

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.

JKN Global Group PCL Inventory Turnover Related Terms

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JKN Global Group PCL (BKK:JKN) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » JKN Global Group PCL (BKK:JKN) » Definitions » Inventory Turnover

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Address

818 JKN Empire Building, Village No. 2, Samrong Nuea Subdistrict, Mueang Samut Prakan District, Samut Prakan, THA, 10270

Website

https://www.jknglobalgroup.com

JKN Global Group PCL is a content management and distribution company. The group is principally engaged in the distribution of global and local contents of movies, series, and documentaries as well as production and distribution of the said on DVD and Blu-ray, and Advertising services and production of television programs. The company operates through the segments of Sales of program rights, Advertising services, Sales of products, Miss Universe license management business, and Other business, of which a majority of revenue is derived from the Sales of program rights segment. The group's operations are located in Thailand.

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