Yong Concrete PCL (BKK:YONG) Inventory Turnover : 1.52 (As of Mar. 2024)

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

What is Yong Concrete 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. Yong Concrete PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿209 Mil. Yong Concrete PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿138 Mil. Yong Concrete PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yong Concrete PCL's Days Inventory for the three months ended in Mar. 2024 was 59.95.

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. Yong Concrete PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.46.

Yong Concrete PCL Inventory Turnover Historical Data

The historical data trend for Yong Concrete 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.

Yong Concrete PCL Inventory Turnover Chart

Yong Concrete PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

6.11

4.96

5.09

5.81

Yong Concrete PCL Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial								1.35	1.26	1.44	1.37	1.52

Yong Concrete PCL Inventory Turnover Calculation

Yong Concrete 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 )
=	796.442	/ (	(126.148	+	148.213)	/	2 )
=	796.442	/	137.1805
=	5.81

Yong Concrete 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 )
=	209.369	/ (	(148.213	+	126.877)	/	2 )
=	209.369	/	137.545
=	1.52

Yong Concrete PCL (BKK:YONG) 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.

Yong Concrete 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
	=	137.545	/	209.369	*	365 / 4
	=	59.95

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.

Yong Concrete 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 )
	=	137.545	/	298.138
	=	0.46

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.

Yong Concrete PCL Inventory Turnover Related Terms

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

Yong Concrete PCL (BKK:YONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Yong Concrete PCL (BKK:YONG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

148/9 Moo 3, Wangkanai Subdistrict, Tha Muang District, Kanchanaburi, THA, 71110

Website

https://www.yongconcrete.co.th

Yong Concrete PCL manufactures and distributes precast concrete products such as precast structures, beams, columns and walls, precast concrete, fence, concrete power pole, stone edge, prestressed concrete pipe and prefabricated concrete slabs.

Yong Concrete PCL (BKK:YONG) Headlines

No Headlines