Master Style PCL (BKK:MASTER) Inventory Turnover : 2.17 (As of Mar. 2024)

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What is Master Style 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. Master Style PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿194 Mil. Master Style PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿90 Mil. Master Style PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Master Style PCL's Days Inventory for the three months ended in Mar. 2024 was 42.08.

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. Master Style PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Master Style PCL Inventory Turnover Historical Data

The historical data trend for Master Style 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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Master Style PCL Inventory Turnover Chart

Master Style PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec23

Inventory Turnover

15.94

13.48

12.37

Master Style PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					2.80	2.25	1.99	1.97	2.17

Master Style PCL Inventory Turnover Calculation

Master Style 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. 2021 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	784.866	/ (	(26.411	+	100.519)	/	2 )
=	784.866	/	63.465
=	12.37

Master Style 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 )
=	194.165	/ (	(100.519	+	78.564)	/	2 )
=	194.165	/	89.5415
=	2.17

Master Style PCL (BKK:MASTER) 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.

Master Style 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
	=	89.5415	/	194.165	*	365 / 4
	=	42.08

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.

Master Style 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 )
	=	89.5415	/	468.068
	=	0.19

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.

Master Style PCL Inventory Turnover Related Terms

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Master Style PCL (BKK:MASTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Master Style PCL (BKK:MASTER) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300

Website

https://www.masterpiecehospital.com

Master Style PCL is principally engaged in cosmetic hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include; eye surgery, Nose surgery, Facial surgery, Hair transplant, and Liposuction.

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