Thai Group Holdings PCL (BKK:TGH) Change In Inventory : ฿-562 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Thai Group Holdings PCL Change In Inventory?

Thai Group Holdings PCL's change in inventory for the quarter that ended in Mar. 2024 was ฿180 Mil. It means Thai Group Holdings PCL's inventory declined by ฿180 Mil from Dec. 2023 to Mar. 2024 .

Thai Group Holdings PCL's change in inventory for the fiscal year that ended in Dec. 2023 was ฿-704 Mil. It means Thai Group Holdings PCL's inventory increased by ฿704 Mil from Dec. 2022 to Dec. 2023 .

Thai Group Holdings PCL's Total Inventories for the quarter that ended in Mar. 2024 was ฿822 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai Group Holdings PCL's Days Inventory for the quarter that ended in Mar. 2024 was 29.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Group Holdings PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.06.

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 Group Holdings PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.27.

Thai Group Holdings PCL Change In Inventory Historical Data

The historical data trend for Thai Group Holdings PCL's Change In Inventory 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 Group Holdings PCL Change In Inventory Chart

Thai Group Holdings PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

554.69

1,014.25

-834.99

-162.05

-704.06

Thai Group Holdings PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															37.64	-91.63	-85.44	-564.63	180.03

Thai Group Holdings PCL Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-562 Mil.

Thai Group Holdings PCL (BKK:TGH) Change In Inventory Explanation

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

Thai Group Holdings PCL's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	917.8825	/	2807.727	*	365 / 4
	=	29.83

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

Thai Group Holdings PCL's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2807.727	/	917.8825
	=	3.06

3. 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 Group Holdings PCL's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	917.8825	/	3393.905
	=	0.27

Thai Group Holdings PCL Change In Inventory Related Terms

Thank you for viewing the detailed overview of Thai Group Holdings PCL's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Group Holdings PCL (BKK:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Thai Group Holdings PCL (BKK:TGH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500

Website

https://www.tgh.co.th

Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the insurance business segment. The company is managed and operates principally in Thailand.