PT United Tractors Tbk (PT United Tractors Tbk) Days Inventory : 74.63 (As of Dec. 2023)

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What is PT United Tractors Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT United Tractors Tbk's Average Total Inventories for the three months ended in Dec. 2023 was $1,107 Mil. PT United Tractors Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,354 Mil. Hence, PT United Tractors Tbk's Days Inventory for the three months ended in Dec. 2023 was 74.63.

The historical rank and industry rank for PT United Tractors Tbk's Days Inventory or its related term are showing as below:

PUTKY' s Days Inventory Range Over the Past 10 Years
Min: 51.23 Med: 64.86 Max: 81.98
Current: 63.64

During the past 13 years, PT United Tractors Tbk's highest Days Inventory was 81.98. The lowest was 51.23. And the median was 64.86.

PUTKY's Days Inventory is ranked better than
65.96% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs PUTKY: 63.64

PT United Tractors Tbk's Days Inventory increased from Dec. 2022 (60.05) to Dec. 2023 (74.63). It might indicate that PT United Tractors Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT United Tractors Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 1.22.

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 United Tractors Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.55.

PT United Tractors Tbk Days Inventory Historical Data

The historical data trend for PT United Tractors 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.

* Premium members only.

PT United Tractors Tbk Days Inventory Chart

PT United Tractors Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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72.78

74.98

53.89

53.23

63.75

PT United Tractors 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															60.05	53.69	59.77	67.86	74.63

Competitive Comparison of PT United Tractors Tbk's Days Inventory

For the Other Industrial Metals & Mining subindustry, PT United Tractors 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 United Tractors Tbk's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT United Tractors Tbk's Days Inventory falls into.

PT United Tractors Tbk Days Inventory Calculation

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

PT United Tractors 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
=	( (980.684	+	1121.917)	/	2 )	/	6019.527	*	365
=	1051.3005					/	6019.527	*	365
=	63.75

PT United Tractors 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
=	( (1092.74	+	1121.917)	/	2 )	/	1354.01	*	365 / 4
=	1107.3285					/	1354.01	*	365 / 4
=	74.63

PT United Tractors Tbk (OTCPK:PUTKY) 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 United Tractors Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1354.01	/	1107.3285
	=	1.22

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 United Tractors Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1107.3285	/	2009.97
	=	0.55

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 United Tractors Tbk Days Inventory Related Terms

Thank you for viewing the detailed overview of PT United Tractors Tbk's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT United Tractors Tbk (OTCPK:PUTKY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PUTKF:USA UNTR:Indonesia UTY:Germany

Address

Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910

Website

https://www.unitedtractors.com

PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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