Sahathai Printing & Packaging PCL (BKK:STP) Inventory Turnover : 2.35 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Sahathai Printing & Packaging 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. Sahathai Printing & Packaging PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿99.9 Mil. Sahathai Printing & Packaging PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿42.5 Mil. Sahathai Printing & Packaging PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sahathai Printing & Packaging PCL's Days Inventory for the three months ended in Mar. 2024 was 38.86.

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. Sahathai Printing & Packaging PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Sahathai Printing & Packaging PCL Inventory Turnover Historical Data

The historical data trend for Sahathai Printing & Packaging 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.

Sahathai Printing & Packaging PCL Inventory Turnover Chart

Sahathai Printing & Packaging PCL Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

6.19

6.24

7.26

Sahathai Printing & Packaging PCL Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial								1.38	1.71	2.14	2.55	2.35

Sahathai Printing & Packaging PCL Inventory Turnover Calculation

Sahathai Printing & Packaging 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 )
=	348.143	/ (	(56.434	+	39.413)	/	2 )
=	348.143	/	47.9235
=	7.26

Sahathai Printing & Packaging 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 )
=	99.911	/ (	(39.413	+	45.675)	/	2 )
=	99.911	/	42.544
=	2.35

Sahathai Printing & Packaging PCL (BKK:STP) 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.

Sahathai Printing & Packaging 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
	=	42.544	/	99.911	*	365 / 4
	=	38.86

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.

Sahathai Printing & Packaging 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 )
	=	42.544	/	160.79
	=	0.26

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.

Sahathai Printing & Packaging PCL Inventory Turnover Related Terms

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

Sahathai Printing & Packaging PCL (BKK:STP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sahathai Printing & Packaging PCL (BKK:STP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

200/1 Soi Charansanitwong 42 Intersection 9, Bangyeekhan, Bang Phlat District, Bangkok, THA, 10700

Website

https://www.sahathaiprinting.com

Sahathai Printing & Packaging PCL is a service provider in the printing and packaging industry. It operates the business of printing paper boxes and all types of publications. The group has business in a single geographic area, namely Thailand.

Sahathai Printing & Packaging PCL (BKK:STP) Headlines

No Headlines