Warrix Sport PCL (BKK:WARRIX) Inventory Turnover : 0.35 (As of Jun. 2024)

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

What is Warrix Sport 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. Warrix Sport PCL's Cost of Goods Sold for the three months ended in Jun. 2024 was ฿189.7 Mil. Warrix Sport PCL's Average Total Inventories for the quarter that ended in Jun. 2024 was ฿549.2 Mil. Warrix Sport PCL's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Warrix Sport PCL's Days Inventory for the three months ended in Jun. 2024 was 264.17.

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. Warrix Sport PCL's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.57.

Warrix Sport PCL Inventory Turnover Historical Data

The historical data trend for Warrix Sport 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.

Warrix Sport PCL Inventory Turnover Chart

Warrix Sport PCL Annual Data

Trend

Dec21

Dec22

Inventory Turnover

1.04

1.44

Warrix Sport PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24
Inventory Turnover	Get a 7-Day Free Trial				0.48	0.27	0.24	0.30	0.35

Warrix Sport PCL Inventory Turnover Calculation

Warrix Sport PCL's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	571.095	/ (	(341.978	+	450.654)	/	2 )
=	571.095	/	396.316
=	1.44

Warrix Sport PCL's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	189.717	/ (	(555.171	+	543.29)	/	2 )
=	189.717	/	549.2305
=	0.35

Warrix Sport PCL (BKK:WARRIX) 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.

Warrix Sport PCL's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	549.2305	/	189.717	*	365 / 4
	=	264.17

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.

Warrix Sport PCL's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	549.2305	/	350.154
	=	1.57

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.

Warrix Sport PCL Inventory Turnover Related Terms

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

Warrix Sport PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Warrix Sport PCL (BKK:WARRIX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

849/6-8 Stadium One, Rama 6 Road, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.warrix.co.th

Warrix Sport PCL operates its main business as the seller of uniforms, clothing, and sports equipment locally and overseas and operates a physical therapy clinic. The group operates in three segments, Credit selling, online selling, and other segments.

Warrix Sport PCL Headlines

No Headlines