Thai Stanley Electric (Thailand) PCL (Thai Stanley Electric (Thailand) PCL) Inventory Turnover : 5.57 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Thai Stanley Electric (Thailand) 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. Thai Stanley Electric (Thailand) PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was $82.9 Mil. Thai Stanley Electric (Thailand) PCL's Average Total Inventories for the quarter that ended in Mar. 2024 was $14.9 Mil. Thai Stanley Electric (Thailand) PCL's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai Stanley Electric (Thailand) PCL's Days Inventory for the three months ended in Mar. 2024 was 16.39.

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. Thai Stanley Electric (Thailand) PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

Thai Stanley Electric (Thailand) PCL Inventory Turnover Historical Data

The historical data trend for Thai Stanley Electric (Thailand) 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.

* Premium members only.

Thai Stanley Electric (Thailand) PCL Inventory Turnover Chart

Thai Stanley Electric (Thailand) PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

12.01

14.42

18.00

17.74

21.12

Thai Stanley Electric (Thailand) 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															5.04	4.54	5.47	5.64	5.57

Thai Stanley Electric (Thailand) PCL Inventory Turnover Calculation

Thai Stanley Electric (Thailand) PCL's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	329.031	/ (	(17.139	+	14.018)	/	2 )
=	329.031	/	15.5785
=	21.12

Thai Stanley Electric (Thailand) 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 )
=	82.882	/ (	(15.762	+	14.018)	/	2 )
=	82.882	/	14.89
=	5.57

Thai Stanley Electric (Thailand) PCL (OTCPK:TSETF) 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.

Thai Stanley Electric (Thailand) 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
	=	14.89	/	82.882	*	365 / 4
	=	16.39

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.

Thai Stanley Electric (Thailand) 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 )
	=	14.89	/	103.526
	=	0.14

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.

Thai Stanley Electric (Thailand) PCL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Thai Stanley Electric (Thailand) PCL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Stanley Electric (Thailand) PCL (Thai Stanley Electric (Thailand) PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Stanley Electric (Thailand) PCL (OTCPK:TSETF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

STANLY:Thailand

Address

29/3 Moo 1 Bangpoon-Rungsit Road, Ban Klang Subdistrict, Amphur Muang, Pathum Thani District, Rangsit, THA, 12000

Website

https://www.thaistanley.com

Thai Stanley Electric (Thailand) PCL is a Thailand-based company engaged in the manufacturing and sale of automotive bulbs, lighting equipment, and molds and dies. The company products include head lamp, rear combination lamp, wind screens, front winkers, and rear winkers and others. It generates maximum revenue from the Auto bulbs and automotive lighting equipment.

Thai Stanley Electric (Thailand) PCL (Thai Stanley Electric (Thailand) PCL) Headlines

No Headlines