Vibhavadi Medical Center PCL (BKK:VIBHA-R) Inventory Turnover : 7.72 (As of Mar. 2024)

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What is Vibhavadi Medical Center 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. Vibhavadi Medical Center PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,487 Mil. Vibhavadi Medical Center PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿193 Mil. Vibhavadi Medical Center PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vibhavadi Medical Center PCL's Days Inventory for the three months ended in Mar. 2024 was 11.81.

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. Vibhavadi Medical Center PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Vibhavadi Medical Center PCL Inventory Turnover Historical Data

The historical data trend for Vibhavadi Medical Center 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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Vibhavadi Medical Center PCL Inventory Turnover Chart

Vibhavadi Medical Center PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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28.12

26.43

29.82

30.70

29.64

Vibhavadi Medical Center PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															7.00	7.07	7.58	7.81	7.72

Vibhavadi Medical Center PCL Inventory Turnover Calculation

Vibhavadi Medical Center 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 )
=	5834.024	/ (	(200.359	+	193.308)	/	2 )
=	5834.024	/	196.8335
=	29.64

Vibhavadi Medical Center 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 )
=	1487.123	/ (	(193.308	+	191.79)	/	2 )
=	1487.123	/	192.549
=	7.72

Vibhavadi Medical Center PCL (BKK:VIBHA-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.

Vibhavadi Medical Center 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
	=	192.549	/	1487.123	*	365 / 4
	=	11.81

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.

Vibhavadi Medical Center 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 )
	=	192.549	/	2134.962
	=	0.09

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.

Vibhavadi Medical Center PCL Inventory Turnover Related Terms

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Vibhavadi Medical Center PCL (BKK:VIBHA-R) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Vibhavadi Medical Center PCL (BKK:VIBHA-R) » Definitions » Inventory Turnover

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VIBHA:Thailand

Address

51/3 Ngam Wong Wan Road, Latyao Sub-District, Chatuchak District, Bangkok, THA, 10900

Website

https://www.vibhavadi.com

Vibhavadi Medical Center PCL provides healthcare services in Thailand. The company operates multiple hospital buildings in Thailand and employs specialists from a large number of medical fields. Some medical technologies used at hospitals include Magnetic Resonance Imaging (MRI), X-ray Computed Tomography, Datospir, Wavefront Lasik, Laparoscopic Surgery, and Gastrointestinal Endoscopy. The company has two operating segments: Hospitals and Others. The Hospitals segment includes the operations of the General Hospital, Hospitals in Social Security, and the National Health Security Office systems. The Others segment is composed of Rental and Hotel services. The Hospital segment is responsible for generating a majority of the company's revenue, derived from medical treatment services.

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