SAF Special Steel PCL (BKK:SAF) Inventory Turnover : 0.22 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is SAF Special Steel 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. SAF Special Steel PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿32.8 Mil. SAF Special Steel PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿150.8 Mil. SAF Special Steel PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SAF Special Steel PCL's Days Inventory for the three months ended in Mar. 2024 was 419.20.

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. SAF Special Steel PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.64.

SAF Special Steel PCL Inventory Turnover Historical Data

The historical data trend for SAF Special Steel 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.

SAF Special Steel PCL Inventory Turnover Chart

SAF Special Steel PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

1.29

1.43

1.31

0.92

SAF Special Steel PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					0.28	0.26	0.23	0.20	0.22

SAF Special Steel PCL Inventory Turnover Calculation

SAF Special Steel 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 )
=	130.67	/ (	(133.664	+	151.207)	/	2 )
=	130.67	/	142.4355
=	0.92

SAF Special Steel 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 )
=	32.819	/ (	(151.207	+	150.331)	/	2 )
=	32.819	/	150.769
=	0.22

SAF Special Steel PCL (BKK:SAF) 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.

SAF Special Steel 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
	=	150.769	/	32.819	*	365 / 4
	=	419.20

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.

SAF Special Steel 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 )
	=	150.769	/	41.403
	=	3.64

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.

SAF Special Steel PCL Inventory Turnover Related Terms

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

SAF Special Steel PCL (BKK:SAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SAF Special Steel PCL (BKK:SAF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150

Website

https://www.saf.co.th

SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL (BKK:SAF) Headlines

No Headlines