Mena Transport PCL (BKK:MENA) Inventory Turnover : 43.18 (As of Mar. 2024)

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What is Mena Transport 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. Mena Transport PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿167.9 Mil. Mena Transport PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿3.9 Mil. Mena Transport PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 43.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mena Transport PCL's Days Inventory for the three months ended in Mar. 2024 was 2.11.

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. Mena Transport PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Mena Transport PCL Inventory Turnover Historical Data

The historical data trend for Mena Transport 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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Mena Transport PCL Inventory Turnover Chart

Mena Transport PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

164.95

173.74

176.26

144.49

Mena Transport PCL Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial											34.73	34.58	35.72	36.38	43.18

Mena Transport PCL Inventory Turnover Calculation

Mena Transport PCL's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	581.698	/ (	(2.913	+	5.139)	/	2 )
=	581.698	/	4.026
=	144.49

Mena Transport 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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	167.884	/ (	(4.066	+	3.71)	/	2 )
=	167.884	/	3.888
=	43.18

Mena Transport PCL (BKK:MENA) 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.

Mena Transport 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
	=	3.888	/	167.884	*	365 / 4
	=	2.11

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.

Mena Transport 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 )
	=	3.888	/	196.475
	=	0.02

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.

Mena Transport PCL Inventory Turnover Related Terms

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Mena Transport PCL (BKK:MENA) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

280/8, Moo 9 Tub Kwang, Kaeng Khoi, Saraburi, THA, 18260

Website

https://www.menatransport.co.th

Mena Transport PCL provides transportation services using trailer trucks and concrete transportation services, and sales of materials, equipment and tools for construction. The majority is from the Concrete transportation services segment. The Company operates in Thailand only. The Company is principally engaged in the business of the provision of transport services.

Mena Transport PCL (BKK:MENA) Headlines

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