Univanich Palm Oil PCL (BKK:UVAN) Inventory Turnover : 2.81 (As of Mar. 2024)

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What is Univanich Palm Oil 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. Univanich Palm Oil PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿2,368 Mil. Univanich Palm Oil PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿843 Mil. Univanich Palm Oil PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Univanich Palm Oil PCL's Days Inventory for the three months ended in Mar. 2024 was 32.49.

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. Univanich Palm Oil PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

Univanich Palm Oil PCL Inventory Turnover Historical Data

The historical data trend for Univanich Palm Oil 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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Univanich Palm Oil PCL Inventory Turnover Chart

Univanich Palm Oil PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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13.54

19.25

22.39

26.86

20.99

Univanich Palm Oil 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															3.58	3.47	3.80	4.27	2.81

Univanich Palm Oil PCL Inventory Turnover Calculation

Univanich Palm Oil 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 )
=	12442.809	/ (	(583.282	+	602.585)	/	2 )
=	12442.809	/	592.9335
=	20.99

Univanich Palm Oil 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 )
=	2368.187	/ (	(602.585	+	1084.07)	/	2 )
=	2368.187	/	843.3275
=	2.81

Univanich Palm Oil PCL (BKK:UVAN) 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.

Univanich Palm Oil 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
	=	843.3275	/	2368.187	*	365 / 4
	=	32.49

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.

Univanich Palm Oil 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 )
	=	843.3275	/	2694.841
	=	0.31

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.

Univanich Palm Oil PCL Inventory Turnover Related Terms

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Univanich Palm Oil PCL (BKK:UVAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Univanich Palm Oil PCL (BKK:UVAN) » Definitions » Inventory Turnover

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Address

258 Aoluk-Laemsak Road, Ampur Aoluk, P.O.Box 8-9, Krabi, THA, 81110

Website

https://www.univanich.com

Univanich Palm Oil PCL is engaged in oil palm plantation industry. It produces Crude Palm Oil and Palm Kernel Oil. The company operates through two operating segments namely, Oil palm plantations, palm fruit processing, oil palm seed and seedling business; and Electric power plant with methane capture biogas project. The group carries its business operations mainly in Thailand.

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