Days Inventory is also known as Days Sales of Inventory (DSI). PT Perusahaan Gas Negara Tbk's Average Total Inventories for the
three
months ended in Dec. 2023 was $69 Mil. PT Perusahaan Gas Negara Tbk's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $745 Mil.
Hence, PT Perusahaan Gas Negara Tbk's Days Inventory for the
three
months ended in Dec. 2023 was 8.50.
The historical rank and industry rank for PT Perusahaan Gas Negara Tbk's Days Inventory or its related term are showing as below:
PPAAY'
s Days Inventory Range Over the Past 10 Years
Min: 7.13 Med: 9.49 Max: 10.63
Current: 8.28
During the past 13 years, PT Perusahaan Gas Negara Tbk's highest Days Inventory was 10.63. The lowest was 7.13. And the median was 9.49.
PPAAY's Days Inventory is ranked better than 75.48% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.67
vs PPAAY: 8.28
PT Perusahaan Gas Negara Tbk's Days Inventory
increased
from Dec. 2022 (7.12) to Dec. 2023 (8.50).
It might indicate that PT Perusahaan Gas Negara Tbk's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
PT Perusahaan Gas Negara Tbk's Inventory Turnover for the
three
months ended in Dec. 2023 was 10.74.
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 Perusahaan Gas Negara Tbk's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.07.
PT Perusahaan Gas Negara Tbk Days Inventory Historical Data
The historical data trend for PT Perusahaan Gas Negara 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.
For the Utilities - Regulated Gas subindustry, PT Perusahaan Gas Negara 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 Perusahaan Gas Negara Tbk Days Inventory Distribution
For the Utilities - Regulated industry and Utilities sector, PT Perusahaan Gas Negara Tbk's Days Inventory distribution charts can be found below:
* The bar in red indicates where PT Perusahaan Gas Negara Tbk's Days Inventory falls into.
PT Perusahaan Gas Negara Tbk Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PT Perusahaan Gas Negara Tbk's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
PT Perusahaan Gas Negara Tbk (OTCPK:PPAAY) 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 Perusahaan Gas Negara Tbk's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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 Perusahaan Gas Negara Tbk's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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 Perusahaan Gas Negara Tbk Days Inventory Related Terms
Thank you for viewing the detailed overview of PT Perusahaan Gas Negara Tbk's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Perusahaan Gas Negara Tbk (PT Perusahaan Gas Negara Tbk) Business Description
PT Perusahaan Gas Negara Tbk, or PGN, is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is primarily involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.
PT Perusahaan Gas Negara Tbk (PT Perusahaan Gas Negara Tbk) Headlines
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