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Medeze Group PCL (BKK:MEDEZE) Inventory Turnover : 2.69 (As of Jun. 2024)


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What is Medeze 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. Medeze Group PCL's Cost of Goods Sold for the three months ended in Jun. 2024 was ฿45.7 Mil. Medeze Group PCL's Average Total Inventories for the quarter that ended in Jun. 2024 was ฿17.0 Mil. Medeze Group PCL's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Medeze Group PCL's Days Inventory for the three months ended in Jun. 2024 was 33.98.

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. Medeze Group PCL's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.08.


Medeze Group PCL Inventory Turnover Historical Data

The historical data trend for Medeze 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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Medeze Group PCL Inventory Turnover Chart

Medeze Group PCL Annual Data
Trend
Inventory Turnover

Medeze Group PCL Quarterly Data
Mar23 Jun23 Mar24 Jun24
Inventory Turnover - - 2.50 2.69

Medeze Group PCL Inventory Turnover Calculation

Medeze Group PCL's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Medeze Group PCL's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=45.705 / ((16.453 + 17.582) / 2 )
=45.705 / 17.0175
=2.69

* 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.


Medeze Group PCL  (BKK:MEDEZE) 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.

Medeze Group PCL's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=17.0175/45.705*365 / 4
=33.98

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.

Medeze Group PCL's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=17.0175 / 220.044
=0.08

* 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.


Medeze Group PCL Inventory Turnover Related Terms

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Medeze Group PCL Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Phutthamonthon Sai 4 Road, 28/9 Moo 8, Krathum Lom, Sam Phran, Nakhon Pathom, THA, 73220
Medeze Group PCL is engaged in the business of providing stem cell storage, analyzing, isolation, cultivation, and preservation services for medical use. It is organised into four reportable segments: Stem cell sample collection service segment; White blood cell potential testing service segment; Other services segment and Sales of products segment.

Medeze Group PCL Headlines

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