Power Line Engineering PCL (BKK:PLE) Inventory Turnover : 4.38 (As of Dec. 2023)

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What is Power Line Engineering 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. Power Line Engineering PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿2,320 Mil. Power Line Engineering PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿530 Mil. Power Line Engineering PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Power Line Engineering PCL's Days Inventory for the three months ended in Dec. 2023 was 20.82.

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. Power Line Engineering PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Power Line Engineering PCL Inventory Turnover Historical Data

The historical data trend for Power Line Engineering 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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Power Line Engineering PCL Inventory Turnover Chart

Power Line Engineering PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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71.38

69.24

50.05

35.01

19.69

Power Line Engineering 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															10.38	6.00	3.85	5.06	4.38

Power Line Engineering PCL Inventory Turnover Calculation

Power Line Engineering 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 )
=	8366.228	/ (	(299.701	+	550.167)	/	2 )
=	8366.228	/	424.934
=	19.69

Power Line Engineering 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 )
=	2320.488	/ (	(508.863	+	550.167)	/	2 )
=	2320.488	/	529.515
=	4.38

Power Line Engineering PCL (BKK:PLE) 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.

Power Line Engineering 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
	=	529.515	/	2320.488	*	365 / 4
	=	20.82

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.

Power Line Engineering 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 )
	=	529.515	/	2461.713
	=	0.22

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.

Power Line Engineering PCL Inventory Turnover Related Terms

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Power Line Engineering PCL (BKK:PLE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Power Line Engineering PCL (BKK:PLE) » Definitions » Inventory Turnover

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Address

2 Soi Sukhumvit 81 (Siripot), Sukhumvit Road, Bangjak, Phra Khanong, Bangkok, THA, 10260

Website

https://www.ple.co.th

Power Line Engineering PCL is a Thailand-based company engaged in the businesses of system installation of electrical, telecommunication, air condition, sanitary and fire protection and civil construction. The operations of the company principally involve construction contracting and property development, and are mostly carried out in a single geographic area of Thailand.

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