Euroasia Total Logistics PCL (BKK:ETL) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Euroasia Total Logistics 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. Euroasia Total Logistics PCL's Cost of Goods Sold for the six months ended in Dec. 2023 was ฿501 Mil. Euroasia Total Logistics PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Euroasia Total Logistics PCL's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Euroasia Total Logistics PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Euroasia Total Logistics PCL Inventory Turnover Historical Data

The historical data trend for Euroasia Total Logistics 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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Euroasia Total Logistics PCL Inventory Turnover Chart

Euroasia Total Logistics PCL Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Euroasia Total Logistics PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	-	-	-	-	-

Euroasia Total Logistics PCL Inventory Turnover Calculation

Euroasia Total Logistics 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 )
=	1052.649	/ (	(0	+	0)	/	1 )
=	1052.649	/	0
=	N/A

Euroasia Total Logistics PCL's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	501.438	/ (	(0	+	0)	/	1 )
=	501.438	/	0
=	N/A

Euroasia Total Logistics PCL (BKK:ETL) 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.

Euroasia Total Logistics PCL's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	501.438	*	365 / 2
	=	0.00

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.

Euroasia Total Logistics PCL's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	592.183
	=	0.00

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.

Euroasia Total Logistics PCL Inventory Turnover Related Terms

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Euroasia Total Logistics PCL (BKK:ETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroasia Total Logistics PCL (BKK:ETL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, 21 Motorway Road, Klong Songtonnoon, Lat Krabang, Bangkok, THA, 10520

Website

https://www.etl.co.th

Euroasia Total Logistics PCL is engaged in Providing cross-border land transport services.

Euroasia Total Logistics PCL (BKK:ETL) Headlines

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