Thai O PP PCL (BKK:TOPP-R) Inventory Turnover : 1.73 (As of Mar. 2025)

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What is Thai O PP 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 O PP PCL's Cost of Goods Sold for the three months ended in Mar. 2025 was ฿365 Mil. Thai O PP PCL's Average Total Inventories for the quarter that ended in Mar. 2025 was ฿211 Mil. Thai O PP PCL's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai O PP PCL's Days Inventory for the three months ended in Mar. 2025 was 52.68.

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 O PP PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.50.

Thai O PP PCL Inventory Turnover Historical Data

The historical data trend for Thai O PP 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 O PP PCL Inventory Turnover Chart

Thai O PP PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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17.53

16.64

13.91

9.32

7.48

Thai O PP 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															1.83	1.60	1.58	1.70	1.73

Thai O PP PCL Inventory Turnover Calculation

Thai O PP 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 )
=	1472.343	/ (	(176.337	+	217.096)	/	2 )
=	1472.343	/	196.7165
=	7.48

Thai O PP 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 )
=	364.737	/ (	(217.096	+	204.016)	/	2 )
=	364.737	/	210.556
=	1.73

Thai O PP PCL (BKK:TOPP-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 O PP 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
	=	210.556	/	364.737	*	365 / 4
	=	52.68

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 O PP 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 )
	=	210.556	/	421.267
	=	0.50

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 O PP PCL Inventory Turnover Related Terms

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Thai O PP PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Thai O PP PCL (BKK:TOPP-R) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TOPP:Thailand

Address

1741 Chan Road, Thungmahamek, Sathorn, Bangkok, THA, 10120

Website

http://www.topp.co.th

Thai O PP PCL is a company engaged in the manufacture and distribution of Plastic films, stickers, Laminate tubes, and packaging. The company offers various types of plastic films, such as shrink films, C.P.P. (cast polypropylene) films, metalized films, stretch films for lamination, heat sealable oriented polypropylene (O.P.P.) films, skin vacuum films, and protection films. The segments of the company include Plastic films, stickers, and Tube.

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