Asian Marine Services PCL (BKK:ASIMAR) Inventory Turnover : 0.01 (As of Mar. 2024)

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What is Asian Marine Services 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. Asian Marine Services PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿123.4 Mil. Asian Marine Services PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿11,235.4 Mil. Asian Marine Services PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asian Marine Services PCL's Days Inventory for the three months ended in Mar. 2024 was 8,305.12.

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. Asian Marine Services PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 67.74.

Asian Marine Services PCL Inventory Turnover Historical Data

The historical data trend for Asian Marine Services 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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Asian Marine Services PCL Inventory Turnover Chart

Asian Marine Services PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.73

7.96

11.39

22.51

18.01

Asian Marine Services 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															3.92	3.91	5.12	4.34	0.01

Asian Marine Services PCL Inventory Turnover Calculation

Asian Marine Services 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 )
=	408.534	/ (	(24.926	+	20.452)	/	2 )
=	408.534	/	22.689
=	18.01

Asian Marine Services 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 )
=	123.446	/ (	(20.452	+	22450.436)	/	2 )
=	123.446	/	11235.444
=	0.01

Asian Marine Services PCL (BKK:ASIMAR) 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.

Asian Marine Services 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
	=	11235.444	/	123.446	*	365 / 4
	=	8,305.12

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.

Asian Marine Services 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 )
	=	11235.444	/	165.863
	=	67.74

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.

Asian Marine Services PCL Inventory Turnover Related Terms

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Asian Marine Services PCL (BKK:ASIMAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Asian Marine Services PCL (BKK:ASIMAR) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290

Website

https://www.asimar.com

Asian Marine Services PCL is principally engaged in shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, conversion, offshore, engineering, and facilities. The company and its subsidiaries' business operations involve principal segments namely, Ship Repairing; Shipbuilding and Ship Supply. The operations of the company are mainly carried out in Thailand, and it generates a majority of the revenue from the Ship repairing segment.

Asian Marine Services PCL (BKK:ASIMAR) Headlines

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