Qualitech PCL (BKK:QLT-R) Inventory Turnover : 8.02 (As of Mar. 2025)

View and export this data going back to 2009. Start your Free Trial

What is Qualitech 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. Qualitech PCL's Cost of Goods Sold for the three months ended in Mar. 2025 was ฿62.4 Mil. Qualitech PCL's Average Total Inventories for the quarter that ended in Mar. 2025 was ฿7.8 Mil. Qualitech PCL's Inventory Turnover for the quarter that ended in Mar. 2025 was 8.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qualitech PCL's Days Inventory for the three months ended in Mar. 2025 was 11.38.

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. Qualitech PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.09.

Qualitech PCL Inventory Turnover Historical Data

The historical data trend for Qualitech 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.

Qualitech PCL Inventory Turnover Chart

Qualitech PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

34.43

31.59

35.28

38.46

48.86

Qualitech PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															8.68	9.58	9.45	11.63	8.02

Qualitech PCL Inventory Turnover Calculation

Qualitech PCL's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	303.27	/ (	(8.744	+	3.669)	/	2 )
=	303.27	/	6.2065
=	48.86

Qualitech PCL's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	62.366	/ (	(3.669	+	11.89)	/	2 )
=	62.366	/	7.7795
=	8.02

Qualitech PCL (BKK:QLT-R) 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.

Qualitech PCL's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	7.7795	/	62.366	*	365 / 4
	=	11.38

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.

Qualitech PCL's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	7.7795	/	88.421
	=	0.09

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.

Qualitech PCL Inventory Turnover Related Terms

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

Qualitech PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualitech PCL (BKK:QLT-R) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

QLT:Thailand

Address

21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150

Website

https://www.qualitechplc.com

Qualitech PCL provides the technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures which is important for the production process, storage, and transport of the products in power generation, petrochemical, and construction industry. Along with its subsidiaries, the company's core operations include; nondestructive testing and inspection, testing and certification of welding work, metal work, and equipment; sale of material and equipment used in inspection engineering services; and generating and distributing electricity current from solar or alternative energy. Maximum revenue is generated from the provision of Non-Destructive Testing services.

Qualitech PCL Headlines

No Headlines