PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Days Inventory : 90.55 (As of Dec. 2023)

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What is PT Ultrajaya Milk Industry & Trading Co Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Ultrajaya Milk Industry & Trading Co Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp1,469,745 Mil. PT Ultrajaya Milk Industry & Trading Co Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp1,481,138 Mil. Hence, PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory for the three months ended in Dec. 2023 was 90.55.

The historical rank and industry rank for PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory or its related term are showing as below:

ISX:ULTJ' s Days Inventory Range Over the Past 10 Years
Min: 69.13 Med: 83.97 Max: 99.8
Current: 99.64

During the past 13 years, PT Ultrajaya Milk Industry & Trading Co Tbk's highest Days Inventory was 99.80. The lowest was 69.13. And the median was 83.97.

ISX:ULTJ's Days Inventory is ranked worse than
59.76% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs ISX:ULTJ: 99.64

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory declined from Dec. 2022 (95.33) to Dec. 2023 (90.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Ultrajaya Milk Industry & Trading Co Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 1.01.

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. PT Ultrajaya Milk Industry & Trading Co Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.67.

PT Ultrajaya Milk Industry & Trading Co Tbk Days Inventory Historical Data

The historical data trend for PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory 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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PT Ultrajaya Milk Industry & Trading Co Tbk Days Inventory Chart

PT Ultrajaya Milk Industry & Trading Co Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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79.78

93.36

69.13

81.41

99.80

PT Ultrajaya Milk Industry & Trading Co Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															95.33	97.67	107.92	103.71	90.55

Competitive Comparison of PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory

For the Packaged Foods subindustry, PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory falls into.

PT Ultrajaya Milk Industry & Trading Co Tbk Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1637361	+	1431226)	/	2 )	/	5611170	*	365
=	1534293.5					/	5611170	*	365
=	99.80

PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1508264	+	1431226)	/	2 )	/	1481138	*	365 / 4
=	1469745					/	1481138	*	365 / 4
=	90.55

PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

PT Ultrajaya Milk Industry & Trading Co Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1481138	/	1469745
	=	1.01

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.

PT Ultrajaya Milk Industry & Trading Co Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1469745	/	2184401
	=	0.67

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

PT Ultrajaya Milk Industry & Trading Co Tbk Days Inventory Related Terms

Thank you for viewing the detailed overview of PT Ultrajaya Milk Industry & Trading Co Tbk's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, Bandung, IDN, 40552

Website

https://www.ultrajaya.co.id

PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The firm has Beverages and Food operating segments. It derives the majority of its revenues from the Beverages segment.

PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Headlines

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