Bangchak Sriracha PCL (BKK:BSRC) Inventory Turnover : 2.88 (As of Mar. 2024)

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What is Bangchak Sriracha 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. Bangchak Sriracha PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿61,196 Mil. Bangchak Sriracha PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿21,245 Mil. Bangchak Sriracha PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bangchak Sriracha PCL's Days Inventory for the three months ended in Mar. 2024 was 31.68.

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. Bangchak Sriracha PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.

Bangchak Sriracha PCL Inventory Turnover Historical Data

The historical data trend for Bangchak Sriracha 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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Bangchak Sriracha PCL Inventory Turnover Chart

Bangchak Sriracha PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.92

8.15

10.16

11.51

10.54

Bangchak Sriracha 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															2.35	2.06	2.08	2.78	2.88

Bangchak Sriracha PCL Inventory Turnover Calculation

Bangchak Sriracha 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 )
=	221645.44	/ (	(23893.41	+	18181.536)	/	2 )
=	221645.44	/	21037.473
=	10.54

Bangchak Sriracha 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 )
=	61195.963	/ (	(18181.536	+	24307.783)	/	2 )
=	61195.963	/	21244.6595
=	2.88

Bangchak Sriracha PCL (BKK:BSRC) 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.

Bangchak Sriracha 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
	=	21244.6595	/	61195.963	*	365 / 4
	=	31.68

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.

Bangchak Sriracha 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 )
	=	21244.6595	/	60146.094
	=	0.35

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.

Bangchak Sriracha PCL Inventory Turnover Related Terms

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Bangchak Sriracha PCL (BKK:BSRC) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bangchak Sriracha PCL (BKK:BSRC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

JAV:Germany

Address

3195/17-29 Rama IV Road, Klongton, Klong Toey District, Bangkok, THA, 10110

Website

https://www.esso.co.th

Bangchak Sriracha PCL Formerly Esso Thailand PCL is engaged in the refining and marketing of petroleum products, including a network of retail service stations. The company operates a refinery and chemical manufacturing plant in Sriracha, Thailand. It also operates distribution facilities and oil terminals throughout Thailand. Its products are sold through a network of retail service stations, directly to industrial customers, and through export. It is involved in the sale of chemical products to both domestic and overseas customers. Its products include Refined petroleum products, Lubricants and specialities, and Aromatics and chemicals. Its segments are Downstream which includes the refining and marketing of petroleum products and Petrochemicals.

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