Thai Optical Group PCL (BKK:TOG-R) Inventory Turnover : 0.43 (As of Mar. 2025)

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What is Thai Optical Group 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. Thai Optical Group PCL's Cost of Goods Sold for the three months ended in Mar. 2025 was ฿687 Mil. Thai Optical Group PCL's Average Total Inventories for the quarter that ended in Mar. 2025 was ฿1,602 Mil. Thai Optical Group PCL's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai Optical Group PCL's Days Inventory for the three months ended in Mar. 2025 was 212.78.

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. Thai Optical Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.78.

Thai Optical Group PCL Inventory Turnover Historical Data

The historical data trend for Thai Optical Group 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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Thai Optical Group PCL Inventory Turnover Chart

Thai Optical Group PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.84

1.96

1.86

1.59

1.71

Thai Optical Group 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															0.44	0.46	0.41	0.39	0.43

Thai Optical Group PCL Inventory Turnover Calculation

Thai Optical Group 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 )
=	2689.881	/ (	(1526.5	+	1628.457)	/	2 )
=	2689.881	/	1577.4785
=	1.71

Thai Optical Group 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 )
=	687.141	/ (	(1628.457	+	1576.178)	/	2 )
=	687.141	/	1602.3175
=	0.43

Thai Optical Group PCL (BKK:TOG-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.

Thai Optical Group 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
	=	1602.3175	/	687.141	*	365 / 4
	=	212.78

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.

Thai Optical Group 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 )
	=	1602.3175	/	898.727
	=	1.78

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.

Thai Optical Group PCL Inventory Turnover Related Terms

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Thai Optical Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Thai Optical Group PCL (BKK:TOG-R) » Definitions » Inventory Turnover

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TOG:Thailand

Address

6 Bangbuathong-Suphanburi Road, 15/5 Moo, Laharn Sub-district, Bangbuathong, Nonthaburi, THA, 11110

Website

https://www.thaiopticalgroup.com

Thai Optical Group PCL is engaged in the manufacturing and distribution of plastic lenses and related products. The company's products include Organic lenses, Mineral lenses, and Prescription Lenses. It has two reporting segments: Plastic and glass lens, which produce and sell optical lenses; Other products and services which are the sale of the glass mold, trading goods purchased for resale, glasses assembly services, and surface treatments. The majority of the revenue is generated from the plastic and glass lens segment. The company also operates in Europe, Australia, Asia and Pacific, America, Africa and Middle East. Majority of revenue is from America.

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