Kulthorn Kirby PCL (BKK:KKC) Inventory Turnover : 0.58 (As of Dec. 2023)

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What is Kulthorn Kirby 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. Kulthorn Kirby PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿496 Mil. Kulthorn Kirby PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿862 Mil. Kulthorn Kirby PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kulthorn Kirby PCL's Days Inventory for the three months ended in Dec. 2023 was 158.57.

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. Kulthorn Kirby PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.42.

Kulthorn Kirby PCL Inventory Turnover Historical Data

The historical data trend for Kulthorn Kirby 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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Kulthorn Kirby PCL Inventory Turnover Chart

Kulthorn Kirby PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.14

3.84

4.65

4.51

3.16

Kulthorn Kirby 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															1.03	1.04	0.88	0.68	0.58

Kulthorn Kirby PCL Inventory Turnover Calculation

Kulthorn Kirby 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 )
=	3116.544	/ (	(1162.838	+	812.588)	/	2 )
=	3116.544	/	987.713
=	3.16

Kulthorn Kirby 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 )
=	496.214	/ (	(912.027	+	812.588)	/	2 )
=	496.214	/	862.3075
=	0.58

Kulthorn Kirby PCL (BKK:KKC) 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.

Kulthorn Kirby 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
	=	862.3075	/	496.214	*	365 / 4
	=	158.57

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.

Kulthorn Kirby 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 )
	=	862.3075	/	605.523
	=	1.42

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.

Kulthorn Kirby PCL Inventory Turnover Related Terms

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Kulthorn Kirby PCL (BKK:KKC) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kulthorn Kirby PCL (BKK:KKC) » Definitions » Inventory Turnover

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Address

126 Soi Chalongkrung 31, Chalongkrung Road, Khwaeng Lamplatew, Khet Latkrabang, Bangkok, THA, 10520

Website

https://www.kulthorn.com

Kulthorn Kirby PCL is a Thailand-based company engaged in the manufacture and distribution of hermetic compressors. The company operates through four segments namely Compressors and parts, Enameled wire, Steel sheet, and Steel coil center. In addition, it is also a manufacturer and seller of the motor compressor, and reciprocating type for refrigeration products including refrigerators, freezers, water coolers, commercial refrigerators, and air conditioners. The Majority of its revenue gets derived from the Compressors and parts segment.

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