SPCG PCL (BKK:SPCG) Inventory Turnover : 1.28 (As of Mar. 2024)

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What is SPCG 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. SPCG PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿281 Mil. SPCG PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿220 Mil. SPCG PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SPCG PCL's Days Inventory for the three months ended in Mar. 2024 was 71.27.

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. SPCG PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.

SPCG PCL Inventory Turnover Historical Data

The historical data trend for SPCG 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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SPCG PCL Inventory Turnover Chart

SPCG PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.94

2.08

2.46

3.55

6.74

SPCG 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															1.35	2.02	1.60	1.94	1.28

SPCG PCL Inventory Turnover Calculation

SPCG 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 )
=	1641.898	/ (	(295.531	+	191.782)	/	2 )
=	1641.898	/	243.6565
=	6.74

SPCG 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 )
=	281.059	/ (	(191.782	+	247.256)	/	2 )
=	281.059	/	219.519
=	1.28

SPCG PCL (BKK:SPCG) 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.

SPCG 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
	=	219.519	/	281.059	*	365 / 4
	=	71.27

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.

SPCG 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 )
	=	219.519	/	735.536
	=	0.30

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.

SPCG PCL Inventory Turnover Related Terms

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SPCG PCL (BKK:SPCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SPCG PCL (BKK:SPCG) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110

Website

https://www.spcg.co.th

SPCG PCL is a holding company. The principal activities and reportable segments of the group are production and distribution of electricity from solar energy, trading and installation service of solar roof, manufacture, trading and installation service of roof sheets and distribution and providing service about inverter. Majority of revenue is generated from Production and distribution of electricity from solar energy.

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