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Thai Union Feedmill PCL (BKK:TFM) Inventory-to-Revenue : 0.39 (As of Dec. 2023)


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What is Thai Union Feedmill PCL Inventory-to-Revenue?

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 Union Feedmill PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿503 Mil. Thai Union Feedmill PCL's Revenue for the three months ended in Dec. 2023 was ฿1,280 Mil. Thai Union Feedmill PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Thai Union Feedmill PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.45) to Sep. 2023 (0.39)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai Union Feedmill PCL's Days Inventory for the three months ended in Dec. 2023 was 39.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Union Feedmill PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.30.


Thai Union Feedmill PCL Inventory-to-Revenue Historical Data

The historical data trend for Thai Union Feedmill PCL's Inventory-to-Revenue 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.

Thai Union Feedmill PCL Inventory-to-Revenue Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.08 0.10 0.10 0.11 0.10

Thai Union Feedmill PCL Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.49 0.44 0.45 0.39

Competitive Comparison of Thai Union Feedmill PCL's Inventory-to-Revenue

For the Farm Products subindustry, Thai Union Feedmill PCL's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Union Feedmill PCL's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's Inventory-to-Revenue falls into.



Thai Union Feedmill PCL Inventory-to-Revenue Calculation

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 Union Feedmill PCL's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (564.41 + 454.249) / 2 ) / 5081.317
=509.3295 / 5081.317
=0.10

Thai Union Feedmill PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (551.847 + 454.249) / 2 ) / 1279.728
=503.048 / 1279.728
=0.39

* 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.


Thai Union Feedmill PCL  (BKK:TFM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Thai Union Feedmill PCL's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=503.048/1155.402*365 / 4
=39.73

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Thai Union Feedmill PCL's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1155.402 / 503.048
=2.30

* 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.


Thai Union Feedmill PCL Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Thai Union Feedmill PCL's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Union Feedmill PCL (BKK:TFM) Business Description

Traded in Other Exchanges
N/A
Address
89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.

Thai Union Feedmill PCL (BKK:TFM) Headlines

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