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


BKK:JKN-R JKN Global Group PCL BKK:JKN-R
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What is JKN Global Group PCL Inventory Turnover?

JKN Global Group PCL BKK:JKN-R 4 Inventory Turnover is 10.89 as of Dec. 2023. GuruFocus rates BKK:JKN-R with a GF Score™ of 4/100.

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  (BKK:JKN-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.

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

* 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.

JKN Global Group PCL Inventory Turnover Related Terms

JKN Global Group PCL Inventory Turnover Historical Data

* Premium members only.

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.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.31 13.37 4.74 10.49 10.89
BKK:JKN-R
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JKN Global Group PCL BKK:JKN-R
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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

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 10.89 mean?
JKN Global Group PCL (BKK:JKN-R) has a Inventory Turnover of 10.89 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on JKN Global Group PCL and its competitors.
Is JKN Global Group PCL's Inventory Turnover too high?
JKN Global Group PCL's current Inventory Turnover is 10.89. Overall, JKN Global Group PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does JKN Global Group PCL's Inventory Turnover compare to LSXMA and TGNA?
JKN Global Group PCL's Inventory Turnover of 10.89 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on JKN Global Group PCL and its competitors. JKN Global Group PCL's current Inventory Turnover is 10.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JKN Global Group PCL stock overvalued right now?
JKN Global Group PCL (BKK:JKN-R) has a current Inventory Turnover of 10.89. The current Inventory Turnover is 10.89. JKN Global Group PCL's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For JKN Global Group PCL (BKK:JKN-R), the current Inventory Turnover is 10.89 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

JKN Global Group PCL Business Description

Address 818 JKN Empire Building, Village No. 2, Samrong Nuea Subdistrict, Mueang Samut Prakan District, Samut Prakan, THA, 10270
JKN Global Group PCL is providing services and selling content licenses to stations both in Thailand and internationally. It also offers products and services in advertising and public relations through digital TV channel, JKN18.
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