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Polynet PCL (BKK:POLY) Inventory-to-Revenue : 0.24 (As of Mar. 2024)


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What is Polynet 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. Polynet PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿55.6 Mil. Polynet PCL's Revenue for the three months ended in Mar. 2024 was ฿234.6 Mil. Polynet PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.24.

Polynet PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.23) to Dec. 2023 (0.24)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polynet PCL's Days Inventory for the three months ended in Mar. 2024 was 30.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polynet PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.99.


Polynet PCL Inventory-to-Revenue Historical Data

The historical data trend for Polynet 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.

Polynet PCL Inventory-to-Revenue Chart

Polynet PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.07 0.06 0.06 0.06

Polynet PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.28 0.24 0.23 0.24

Competitive Comparison of Polynet PCL's Inventory-to-Revenue

For the Metal Fabrication subindustry, Polynet 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.


Polynet PCL's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polynet PCL's Inventory-to-Revenue distribution charts can be found below:

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



Polynet 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.

Polynet 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 )
=( (63.756 + 51.263) / 2 ) / 961.334
=57.5095 / 961.334
=0.06

Polynet PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (51.263 + 59.978) / 2 ) / 234.564
=55.6205 / 234.564
=0.24

* 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.


Polynet PCL  (BKK:POLY) 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.

Polynet 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
=55.6205/166.199*365 / 4
=30.54

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=166.199 / 55.6205
=2.99

* 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.


Polynet PCL Inventory-to-Revenue Related Terms

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Polynet PCL (BKK:POLY) Business Description

Traded in Other Exchanges
N/A
Address
888 Moo 11, Bangsaothong District, Bangsaothong Subdistrict, SamutPrakarn, THA, 10570
Polynet PCL is engaged in the forming, manufacturing and distributing products related to rubber, plastic, silicone, molds for the automotive industry, medical tools and equipment and consumer products.

Polynet PCL (BKK:POLY) Headlines

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