Rajthanee Hospital PCL (BKK:RJH) Inventory Turnover : 8.74 (As of Dec. 2023)

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What is Rajthanee Hospital 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. Rajthanee Hospital PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿424 Mil. Rajthanee Hospital PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿49 Mil. Rajthanee Hospital PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rajthanee Hospital PCL's Days Inventory for the three months ended in Dec. 2023 was 10.44.

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. Rajthanee Hospital PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Rajthanee Hospital PCL Inventory Turnover Historical Data

The historical data trend for Rajthanee Hospital 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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Rajthanee Hospital PCL Inventory Turnover Chart

Rajthanee Hospital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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40.39

37.87

35.10

35.13

33.57

Rajthanee Hospital 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															9.26	8.17	8.33	9.29	8.74

Rajthanee Hospital PCL Inventory Turnover Calculation

Rajthanee Hospital 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 )
=	1617.695	/ (	(45.258	+	51.113)	/	2 )
=	1617.695	/	48.1855
=	33.57

Rajthanee Hospital 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 )
=	424.426	/ (	(46.035	+	51.113)	/	2 )
=	424.426	/	48.574
=	8.74

Rajthanee Hospital PCL (BKK:RJH) 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.

Rajthanee Hospital 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
	=	48.574	/	424.426	*	365 / 4
	=	10.44

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.

Rajthanee Hospital 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 )
	=	48.574	/	622.968
	=	0.08

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.

Rajthanee Hospital PCL Inventory Turnover Related Terms

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Rajthanee Hospital PCL (BKK:RJH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rajthanee Hospital PCL (BKK:RJH) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 111 Moo 3, Rojana Road, Khlong Suan Phlu Sub-district, Phra Nakhon Si Ayutthaya District, Phra Nakhon Si Ayutthaya, THA, 13000

Website

https://www.rajthanee.com

Rajthanee Hospital PCL is operating in the healthcare sector. It is principally engaged in the provision of healthcare services. In hospital operations, it provides medical services such as cardiology center, emergency accident center, orthopedic center, hemodialysis center, pediatrics center, health screening center, dental center, and radiology center. Its customers include individuals, a group of policyholders of the insurance company, a group of contract parties' company and a group of insured on social security.

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