NSL Foods PCL (BKK:NSL) Inventory Turnover : 3.97 (As of Mar. 2024)

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What is NSL Foods 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. NSL Foods PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,064 Mil. NSL Foods PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was ฿268 Mil. NSL Foods PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NSL Foods PCL's Days Inventory for the three months ended in Mar. 2024 was 22.99.

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. NSL Foods PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

NSL Foods PCL Inventory Turnover Historical Data

The historical data trend for NSL Foods 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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NSL Foods PCL Inventory Turnover Chart

NSL Foods PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

25.52

19.26

15.10

14.30

14.44

NSL Foods PCL Quarterly Data
	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													3.37	3.57	3.63	3.93	3.97

NSL Foods PCL Inventory Turnover Calculation

NSL Foods 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 )
=	3910.071	/ (	(267.105	+	274.377)	/	2 )
=	3910.071	/	270.741
=	14.44

NSL Foods 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 )
=	1063.575	/ (	(274.377	+	261.602)	/	2 )
=	1063.575	/	267.9895
=	3.97

NSL Foods PCL (BKK:NSL) 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.

NSL Foods 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
	=	267.9895	/	1063.575	*	365 / 4
	=	22.99

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.

NSL Foods 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 )
	=	267.9895	/	1345.751
	=	0.20

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.

NSL Foods PCL Inventory Turnover Related Terms

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NSL Foods PCL (BKK:NSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NSL Foods PCL (BKK:NSL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

55/22 Moo 3, Bangbuathong-Nonthaburi bridge (345) Road, Tambol Lam Pho, Ampher Bang Bua Thong, Nonthaburi, THA, 11110

Website

https://www.nslfoods.com

NSL Foods PCL is a bakery manufacturer supplying chilled products to the large convenient stores in Thailand. The company's products include hot sandwiches, chilled bakeries, and ready-to-eat products. Its brands include PANGTAI, Butterfin, and Chilee. The company has two segments which are manufacturing and distributing all kinds of bakery segments and Wholesalers of frozen and processed fish, aquatic products, meat, seaweeds, and vegetables. It operates in one geographical area which is Thailand.

NSL Foods PCL (BKK:NSL) Headlines

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