Wattana Karnpaet PCL (BKK:NEW) Inventory Turnover : 10.03 (As of Dec. 2023)

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What is Wattana Karnpaet 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. Wattana Karnpaet PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿88.3 Mil. Wattana Karnpaet PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿8.8 Mil. Wattana Karnpaet PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wattana Karnpaet PCL's Days Inventory for the three months ended in Dec. 2023 was 9.10.

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. Wattana Karnpaet PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Wattana Karnpaet PCL Inventory Turnover Historical Data

The historical data trend for Wattana Karnpaet 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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Wattana Karnpaet PCL Inventory Turnover Chart

Wattana Karnpaet PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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40.31

35.53

32.68

37.97

37.40

Wattana Karnpaet 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															11.77	9.08	10.63	11.90	10.03

Wattana Karnpaet PCL Inventory Turnover Calculation

Wattana Karnpaet 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 )
=	349.451	/ (	(9.165	+	9.524)	/	2 )
=	349.451	/	9.3445
=	37.40

Wattana Karnpaet 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 )
=	88.264	/ (	(8.084	+	9.524)	/	2 )
=	88.264	/	8.804
=	10.03

Wattana Karnpaet PCL (BKK:NEW) 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.

Wattana Karnpaet 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
	=	8.804	/	88.264	*	365 / 4
	=	9.10

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.

Wattana Karnpaet 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 )
	=	8.804	/	116.101
	=	0.08

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.

Wattana Karnpaet PCL Inventory Turnover Related Terms

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Wattana Karnpaet PCL (BKK:NEW) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wattana Karnpaet PCL (BKK:NEW) » Definitions » Inventory Turnover

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Address

70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000

Website

https://www.wattanahospital.net

Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital, It has a single segment of operation namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms which are derived from the provision of services to various types and a large number of customers. The company operates in a single geographic segment which is Thailand.

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