Information and Communication Networks PCL (BKK:ICN) Inventory Turnover : 20.83 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Information and Communication Networks 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. Information and Communication Networks PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿210 Mil. Information and Communication Networks PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿10 Mil. Information and Communication Networks PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 20.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Information and Communication Networks PCL's Days Inventory for the three months ended in Mar. 2024 was 4.38.

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. Information and Communication Networks PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.

Information and Communication Networks PCL Inventory Turnover Historical Data

The historical data trend for Information and Communication Networks 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.

* Premium members only.

Information and Communication Networks PCL Inventory Turnover Chart

Information and Communication Networks PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

9.32

8.06

13.63

25.20

80.98

Information and Communication Networks 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															16.53	12.82	23.29	22.01	20.83

Information and Communication Networks PCL Inventory Turnover Calculation

Information and Communication Networks 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 )
=	1542.459	/ (	(27.047	+	11.046)	/	2 )
=	1542.459	/	19.0465
=	80.98

Information and Communication Networks 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 )
=	210.313	/ (	(11.046	+	9.145)	/	2 )
=	210.313	/	10.0955
=	20.83

Information and Communication Networks PCL (BKK:ICN) 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.

Information and Communication Networks 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
	=	10.0955	/	210.313	*	365 / 4
	=	4.38

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.

Information and Communication Networks 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 )
	=	10.0955	/	259.95
	=	0.04

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.

Information and Communication Networks PCL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Information and Communication Networks PCL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Information and Communication Networks PCL (BKK:ICN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Information and Communication Networks PCL (BKK:ICN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 393, Sukontasawat Road, D.K.J. Building, 5th Floor, Ladprao Sub-district, Ladprao District, Bangkok, THA, 10230

Website

https://www.icn.co.th

Information and Communication Networks PCL is engaged in the system integration in the telecommunication business. Its operations are carried only in Thailand. The company is also involved in a Turnkey project which includes the design and installation of the telecommunication system and network construction, expansion, and improvement. The company also provides supply and maintenance of telecommunication, construction, and electrical systems.

Information and Communication Networks PCL (BKK:ICN) Headlines

No Headlines