Bangkok Land PCL (BKK:BLAND) Inventory Turnover : 0.37 (As of Mar. 2024)

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What is Bangkok Land 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. Bangkok Land PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿587 Mil. Bangkok Land PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿1,599 Mil. Bangkok Land PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bangkok Land PCL's Days Inventory for the three months ended in Mar. 2024 was 248.73.

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. Bangkok Land PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.82.

Bangkok Land PCL Inventory Turnover Historical Data

The historical data trend for Bangkok Land 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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Bangkok Land PCL Inventory Turnover Chart

Bangkok Land PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.61

2.12

1.87

1.92

1.59

Bangkok Land 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															0.46	0.40	0.37	0.38	0.37

Bangkok Land PCL Inventory Turnover Calculation

Bangkok Land PCL's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	2340.981	/ (	(1342.777	+	1598.231)	/	2 )
=	2340.981	/	1470.504
=	1.59

Bangkok Land 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 )
=	586.622	/ (	(1599.864	+	1598.231)	/	2 )
=	586.622	/	1599.0475
=	0.37

Bangkok Land PCL (BKK:BLAND) 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.

Bangkok Land 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
	=	1599.0475	/	586.622	*	365 / 4
	=	248.73

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.

Bangkok Land 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 )
	=	1599.0475	/	877.81
	=	1.82

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.

Bangkok Land PCL Inventory Turnover Related Terms

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Bangkok Land PCL (BKK:BLAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bangkok Land PCL (BKK:BLAND) » Definitions » Inventory Turnover

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Address

Popular 3 Road, Tambol Bannmai, Amphur Pakkred, 10th Floor, New Geneva Industry Condominium, 47/569 - 576 Moo 3, Nonthaburi, THA

Website

https://www.bangkokland.co.th

Bangkok Land is a Thailand-based property holding company. The principal business of the Company and its subsidiaries comprise real estate development, exhibition and convention, food and beverage, investment in hotels, and education. The real estate, which is involved in developing residential and commercial properties for sale and rental; exhibition center, which provides a broad range of facilities and services for customers to hold activities and functions.

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