TBN PCL (BKK:TBN) Inventory Turnover : 161.42 (As of Mar. 2024)

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What is TBN 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. TBN PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿68.4 Mil. TBN PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿0.4 Mil. TBN PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 161.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TBN PCL's Days Inventory for the three months ended in Mar. 2024 was 0.57.

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. TBN PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

TBN PCL Inventory Turnover Historical Data

The historical data trend for TBN 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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TBN PCL Inventory Turnover Chart

TBN PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

15.63

19.81

29.22

94.77

741.36

TBN PCL Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							183.46	183.29	194.35	183.01	161.42

TBN PCL Inventory Turnover Calculation

TBN 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 )
=	283.198	/ (	(0.37	+	0.394)	/	2 )
=	283.198	/	0.382
=	741.36

TBN 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 )
=	68.441	/ (	(0.394	+	0.454)	/	2 )
=	68.441	/	0.424
=	161.42

TBN PCL (BKK:TBN) 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.

TBN 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
	=	0.424	/	68.441	*	365 / 4
	=	0.57

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.

TBN 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 )
	=	0.424	/	92.61
	=	0.00

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.

TBN PCL Inventory Turnover Related Terms

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TBN PCL (BKK:TBN) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Sukhumvit 21 (Asoke) Road, Floor. 15, Room No. 1501-1502, 54 Bangkok Business Building, Klong Toey Nua, Wattana, Bangkok, THA, 10110

Website

https://www.tbn.co.th

TBN Corp PCL is Thailand's first low-code solutions provider. Its main business activity is selling and developing software for various organizations, including consulting on software development.