Market Connections Asia PCL (BKK:MCA) Inventory Turnover : 70.56 (As of Dec. 2023)

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What is Market Connections Asia 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. Market Connections Asia PCL's Cost of Goods Sold for the six months ended in Dec. 2023 was ฿202.6 Mil. Market Connections Asia PCL's Average Total Inventories for the quarter that ended in Dec. 2023 was ฿2.9 Mil. Market Connections Asia PCL's Inventory Turnover for the quarter that ended in Dec. 2023 was 70.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Market Connections Asia PCL's Days Inventory for the six months ended in Dec. 2023 was 2.59.

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. Market Connections Asia PCL's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Market Connections Asia PCL Inventory Turnover Historical Data

The historical data trend for Market Connections Asia 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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Market Connections Asia PCL Inventory Turnover Chart

Market Connections Asia PCL Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

127.35

Market Connections Asia PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	-	-	-	-	70.56

Market Connections Asia PCL Inventory Turnover Calculation

Market Connections Asia 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 )
=	365.633	/ (	(0	+	2.871)	/	1 )
=	365.633	/	2.871
=	127.35

Market Connections Asia 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 )
=	202.581	/ (	(0	+	2.871)	/	1 )
=	202.581	/	2.871
=	70.56

Market Connections Asia PCL (BKK:MCA) 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.

Market Connections Asia 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
	=	2.871	/	202.581	*	365 / 2
	=	2.59

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.

Market Connections Asia 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 )
	=	2.871	/	260.829
	=	0.01

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.

Market Connections Asia PCL Inventory Turnover Related Terms

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Market Connections Asia PCL (BKK:MCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230

Website

https://www.marketconnectionsasia.com

Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines

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