Asian Insulators PCL (BKK:AI) Inventory Turnover : 3.24 (As of Mar. 2024)

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What is Asian Insulators 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. Asian Insulators PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,587 Mil. Asian Insulators PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿489 Mil. Asian Insulators PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asian Insulators PCL's Days Inventory for the three months ended in Mar. 2024 was 28.13.

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. Asian Insulators PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Asian Insulators PCL Inventory Turnover Historical Data

The historical data trend for Asian Insulators 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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Asian Insulators PCL Inventory Turnover Chart

Asian Insulators PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.40

9.92

9.98

13.76

16.68

Asian Insulators PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															4.10	4.57	3.87	4.62	3.24

Asian Insulators PCL Inventory Turnover Calculation

Asian Insulators 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 )
=	8396.34	/ (	(526.217	+	480.708)	/	2 )
=	8396.34	/	503.4625
=	16.68

Asian Insulators 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 )
=	1586.869	/ (	(480.708	+	497.718)	/	2 )
=	1586.869	/	489.213
=	3.24

Asian Insulators PCL (BKK:AI) 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.

Asian Insulators 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
	=	489.213	/	1586.869	*	365 / 4
	=	28.13

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.

Asian Insulators 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 )
	=	489.213	/	1698.286
	=	0.29

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.

Asian Insulators PCL Inventory Turnover Related Terms

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Asian Insulators PCL (BKK:AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asian Insulators PCL (BKK:AI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 254 Seri Thai Road, Kannayaow, Bangkok, THA, 10230

Website

http://www.asianinsulators.com

Asian Insulators PCL is engaged in the electronic components business sector. It is engaged in producing and selling porcelain insulators and electrical equipment. The company operates in various segments are Sale of Porcelain Insulators and Component and Construction Undertaking. The sale of Porcelain Insulators and Components generates maximum revenue for the company. It manufactures products in the categories of low voltage, medium voltage, and high voltage. The company operates in the Thailand region. It is also engaged in the sale of biodiesel and vegetable oil and by-products.