Quality Houses PCL (BKK:QH) Inventory Turnover : 0.06 (As of Mar. 2024)

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What is Quality Houses 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. Quality Houses PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,137 Mil. Quality Houses PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿20,286 Mil. Quality Houses PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quality Houses PCL's Days Inventory for the three months ended in Mar. 2024 was 1,627.77.

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. Quality Houses PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 11.69.

Quality Houses PCL Inventory Turnover Historical Data

The historical data trend for Quality Houses 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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Quality Houses PCL Inventory Turnover Chart

Quality Houses PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.28

0.27

0.31

0.30

Quality Houses 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															0.06	0.08	0.08	0.08	0.06

Quality Houses PCL Inventory Turnover Calculation

Quality Houses 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 )
=	5962.535	/ (	(19267.038	+	20312.126)	/	2 )
=	5962.535	/	19789.582
=	0.30

Quality Houses 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 )
=	1137.197	/ (	(20312.126	+	20259.931)	/	2 )
=	1137.197	/	20286.0285
=	0.06

Quality Houses PCL (BKK:QH) 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.

Quality Houses 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
	=	20286.0285	/	1137.197	*	365 / 4
	=	1,627.77

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.

Quality Houses 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 )
	=	20286.0285	/	1734.923
	=	11.69

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.

Quality Houses PCL Inventory Turnover Related Terms

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Quality Houses PCL (BKK:QH) Business Description

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QH-F:Thailand

Address

No. 1 South Sathorn Road, 7th Floor, Q. House Lumpini Building, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.qh.co.th

Quality Houses PCL is a real estate development company. The company divides its business operations into four revenue-generating segments - The real estate business is comprised of the sales of land & houses and the sales of condominium units. The Hotel business segment relates to the service of residential buildings. The rental business segment relates to the rental of office buildings. The Others segment consists of providing management services for buildings and investing in the business. The real estate business generates a majority of the company's revenue. The company operates solely in Thailand.