Carabao Group PCL (BKK:CBG-F) Inventory Turnover : 1.58 (As of Mar. 2024)

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What is Carabao Group 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. Carabao Group PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿3,613 Mil. Carabao Group PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿2,290 Mil. Carabao Group PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carabao Group PCL's Days Inventory for the three months ended in Mar. 2024 was 57.84.

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. Carabao Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.46.

Carabao Group PCL Inventory Turnover Historical Data

The historical data trend for Carabao Group 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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Carabao Group PCL Inventory Turnover Chart

Carabao Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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9.71

8.20

5.84

5.37

5.58

Carabao Group 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															1.18	1.44	1.58	1.81	1.58

Carabao Group PCL Inventory Turnover Calculation

Carabao Group 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 )
=	13973.682	/ (	(2717.712	+	2295.268)	/	2 )
=	13973.682	/	2506.49
=	5.58

Carabao Group 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 )
=	3612.825	/ (	(2295.268	+	2285.015)	/	2 )
=	3612.825	/	2290.1415
=	1.58

Carabao Group PCL (BKK:CBG-F) 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.

Carabao Group 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
	=	2290.1415	/	3612.825	*	365 / 4
	=	57.84

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.

Carabao Group 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 )
	=	2290.1415	/	4934.766
	=	0.46

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.

Carabao Group PCL Inventory Turnover Related Terms

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Carabao Group PCL (BKK:CBG-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Carabao Group PCL (BKK:CBG-F) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CBG:Thailand

Address

Silom Road, Silom, 393 Silom Building, 393, 7th - 10th Floor, Bangrak, Bangkok, THA, 10500

Website

https://www.carabaogroup.com

Carabao Group PCL through its subsidiaries manufactures and distributes energy drinks, water, and coffee, under brand names including Carabao and Start. It operates in three segments: Manufacture and Distribution of Energy Drinks, Distribution of OEM products under Group's trademark, and Distribution of Other Products. Only the Manufacture and Distribution of Energy Drinks and Distribution of Other Products segments sell to external customers. The two segments account for roughly 30% and 70% of external sales, respectively. Geographically, it derives the majority of revenue from Thailand.

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