Panjawattana Plastic PCL (BKK:PJW) Inventory Turnover : 1.85 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Panjawattana Plastic 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. Panjawattana Plastic PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿763 Mil. Panjawattana Plastic PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿413 Mil. Panjawattana Plastic PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panjawattana Plastic PCL's Days Inventory for the three months ended in Mar. 2024 was 49.45.

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. Panjawattana Plastic PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Panjawattana Plastic PCL Inventory Turnover Historical Data

The historical data trend for Panjawattana Plastic 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.

* Premium members only.

Panjawattana Plastic PCL Inventory Turnover Chart

Panjawattana Plastic PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

8.90

8.24

8.99

8.59

7.77

Panjawattana Plastic PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.38	2.22	1.79	1.81	1.85

Panjawattana Plastic PCL Inventory Turnover Calculation

Panjawattana Plastic 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 )
=	2784.582	/ (	(328.352	+	388.192)	/	2 )
=	2784.582	/	358.272
=	7.77

Panjawattana Plastic PCL's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	762.876	/ (	(388.192	+	438.617)	/	2 )
=	762.876	/	413.4045
=	1.85

Panjawattana Plastic PCL (BKK:PJW) 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.

Panjawattana Plastic PCL's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	413.4045	/	762.876	*	365 / 4
	=	49.45

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.

Panjawattana Plastic PCL's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	413.4045	/	948.39
	=	0.44

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.

Panjawattana Plastic PCL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Panjawattana Plastic PCL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Panjawattana Plastic PCL (BKK:PJW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Panjawattana Plastic PCL (BKK:PJW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150

Website

https://www.pjw.co.th

Panjawattana Plastic PCL is engaged in manufacturing and distribution of packaging for consumer product, agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service and the Business trading segment.

Panjawattana Plastic PCL (BKK:PJW) Headlines

No Headlines