Pinthong Industrial Park (BKK:PIN) Inventory Turnover : 0.09 (As of Sep. 2024)

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What is Pinthong Industrial Park 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. Pinthong Industrial Park's Cost of Goods Sold for the three months ended in Sep. 2024 was ฿410 Mil. Pinthong Industrial Park's Average Total Inventories for the quarter that ended in Sep. 2024 was ฿4,661 Mil. Pinthong Industrial Park's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pinthong Industrial Park's Days Inventory for the three months ended in Sep. 2024 was 1,037.91.

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. Pinthong Industrial Park's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 5.04.

Pinthong Industrial Park Inventory Turnover Historical Data

The historical data trend for Pinthong Industrial Park'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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Pinthong Industrial Park Inventory Turnover Chart

Pinthong Industrial Park Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.18

0.16

0.08

0.12

0.27

Pinthong Industrial Park Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial														0.07	0.12	0.15	0.13	0.09

Pinthong Industrial Park Inventory Turnover Calculation

Pinthong Industrial Park'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 )
=	1267.755	/ (	(5099.402	+	4288.539)	/	2 )
=	1267.755	/	4693.9705
=	0.27

Pinthong Industrial Park's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	409.815	/ (	(4332.607	+	4990.183)	/	2 )
=	409.815	/	4661.395
=	0.09

Pinthong Industrial Park (BKK:PIN) 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.

Pinthong Industrial Park's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	4661.395	/	409.815	*	365 / 4
	=	1,037.91

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.

Pinthong Industrial Park's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	4661.395	/	924.322
	=	5.04

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.

Pinthong Industrial Park Inventory Turnover Related Terms

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Pinthong Industrial Park Business Description

Industry

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PIN-R:Thailand

Address

No. 789, Moo 1, Sai Nong Kho - Laem Chabang Road, Nong Kham Subdistrict, Sriracha, Chonburi, THA, 20230

Website

https://www.pinthongindustrial.com

Pinthong Industrial Park PLC is engaged in the development of real estate projects industrial estate and buildings for rent. Its operations are carried on only in Thailand.