Kumwell PCL (BKK:KUMWEL) Inventory Turnover : 0.34 (As of Mar. 2024)

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What is Kumwell 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. Kumwell PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿78.1 Mil. Kumwell PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿227.9 Mil. Kumwell PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kumwell PCL's Days Inventory for the three months ended in Mar. 2024 was 266.36.

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. Kumwell PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.78.

Kumwell PCL Inventory Turnover Historical Data

The historical data trend for Kumwell 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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Kumwell PCL Inventory Turnover Chart

Kumwell PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.62

1.55

1.52

1.63

1.41

Kumwell 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															0.32	0.31	0.36	0.33	0.34

Kumwell PCL Inventory Turnover Calculation

Kumwell 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 )
=	322.483	/ (	(236.184	+	222.352)	/	2 )
=	322.483	/	229.268
=	1.41

Kumwell 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 )
=	78.071	/ (	(222.352	+	233.43)	/	2 )
=	78.071	/	227.891
=	0.34

Kumwell PCL (BKK:KUMWEL) 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.

Kumwell 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
	=	227.891	/	78.071	*	365 / 4
	=	266.36

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.

Kumwell 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 )
	=	227.891	/	127.759
	=	1.78

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.

Kumwell PCL Inventory Turnover Related Terms

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Kumwell PCL (BKK:KUMWEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kumwell Corp PCL (BKK:KUMWEL) » Definitions » Inventory Turnover

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Address

100/3 Thesabansongkrow Road, Lardyao, Jatujak, Bangkok, THA, 10900

Website

https://www.kumwell.com

Kumwell Corp PCL provides a grounding and lightning protection system. The company is engaged in the production and distribution of electrical equipment, graphite mould, metal powder, and ground wire. Geographically, it derives a majority of its revenue from domestic operations. It offers products such as grounding components, surge protection devices, lightning detection, and warning systems, Arc protection system, copper lug, c-clamp connectors, and others. It is engaged in the Production and distribution of Grounding Systems, Lightning Protection Systems, Surge Protection Systems, Lightning Detection and Warning Systems under the brand Kumwell.

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