Safe Fertility Group PCL (BKK:SAFE) Inventory Turnover : 2.96 (As of Dec. 2023)

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What is Safe Fertility Group 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. Safe Fertility Group PCL's Cost of Goods Sold for the six months ended in Dec. 2023 was ฿199.2 Mil. Safe Fertility Group PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿67.2 Mil. Safe Fertility Group PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safe Fertility Group PCL's Days Inventory for the six months ended in Dec. 2023 was 61.60.

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. Safe Fertility Group PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Safe Fertility Group PCL Inventory Turnover Historical Data

The historical data trend for Safe Fertility Group 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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Safe Fertility Group PCL Inventory Turnover Chart

Safe Fertility Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

8.28

7.96

6.67

Safe Fertility Group PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	-	4.86	3.36	3.06	2.96

Safe Fertility Group PCL Inventory Turnover Calculation

Safe Fertility Group 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 )
=	379.552	/ (	(48.664	+	65.12)	/	2 )
=	379.552	/	56.892
=	6.67

Safe Fertility Group PCL's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	199.18	/ (	(69.348	+	65.12)	/	2 )
=	199.18	/	67.234
=	2.96

Safe Fertility Group PCL (BKK:SAFE) 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.

Safe Fertility Group PCL's Days Inventory for the six 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
	=	67.234	/	199.18	*	365 / 2
	=	61.60

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.

Safe Fertility Group PCL's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	67.234	/	442.069
	=	0.15

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.

Safe Fertility Group PCL Inventory Turnover Related Terms

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Safe Fertility Group PCL (BKK:SAFE) Business Description

Industry

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Traded in Other Exchanges

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Address

496 – 502 Ploenchit Road, Amarin Plaza Building, 16, 17, 18th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.safefertilitygroup.com

Safe Fertility Group PCL is the first IVF Clinic in Bangkok, Thailand, and the second in ASEAN apart from Singapore that has been accredited by RTAC of the Fertility Society of Australia (FSA) and New Zealand. It provides expert care using leading technologies that are targeted to each patient's individual needs. The company offers a wide range of infertility treatments, all performed under the strictest safety standards.