Kaset Thai International Sugar PCL (BKK:KTIS) Inventory Turnover : 0.79 (As of Mar. 2024)

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What is Kaset Thai International Sugar 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. Kaset Thai International Sugar PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿4,344 Mil. Kaset Thai International Sugar PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿5,496 Mil. Kaset Thai International Sugar PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaset Thai International Sugar PCL's Days Inventory for the three months ended in Mar. 2024 was 115.45.

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. Kaset Thai International Sugar PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.03.

Kaset Thai International Sugar PCL Inventory Turnover Historical Data

The historical data trend for Kaset Thai International Sugar 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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Kaset Thai International Sugar PCL Inventory Turnover Chart

Kaset Thai International Sugar PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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3.39

4.24

4.90

5.21

5.64

Kaset Thai International Sugar 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															0.62	0.84	0.71	0.70	0.79

Kaset Thai International Sugar PCL Inventory Turnover Calculation

Kaset Thai International Sugar PCL's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	15567.609	/ (	(2788.068	+	2735.534)	/	2 )
=	15567.609	/	2761.801
=	5.64

Kaset Thai International Sugar 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 )
=	4343.998	/ (	(2479.309	+	8512.964)	/	2 )
=	4343.998	/	5496.1365
=	0.79

Kaset Thai International Sugar PCL (BKK:KTIS) 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.

Kaset Thai International Sugar 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
	=	5496.1365	/	4343.998	*	365 / 4
	=	115.45

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.

Kaset Thai International Sugar 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 )
	=	5496.1365	/	5341.078
	=	1.03

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.

Kaset Thai International Sugar PCL Inventory Turnover Related Terms

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Kaset Thai International Sugar PCL (BKK:KTIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kaset Thai International Sugar Corp PCL (BKK:KTIS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1 Moo 14, Tambon Nongpo, Amphur Taklee, Nakhon Sawan, THA, 60140

Website

https://www.ktisgroup.com

Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's segment includes the production and distribution of the sugar segment; the production and distribution of pulp segment; the production and distribution of alcohol segment and the production and distribution of electricity segment. It derives the majority of its revenues from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL (BKK:KTIS) Headlines

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