PT Akasha Wira International Tbk (ISX:ADES) Days Inventory : 65.77 (As of Mar. 2024)

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What is PT Akasha Wira International Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Akasha Wira International Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp159,870 Mil. PT Akasha Wira International Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp221,819 Mil. Hence, PT Akasha Wira International Tbk's Days Inventory for the three months ended in Mar. 2024 was 65.77.

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

ISX:ADES' s Days Inventory Range Over the Past 10 Years
Min: 72.52 Med: 85.35 Max: 115.59
Current: 74.5

During the past 13 years, PT Akasha Wira International Tbk's highest Days Inventory was 115.59. The lowest was 72.52. And the median was 85.35.

ISX:ADES's Days Inventory is ranked worse than
57.8% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 67.66 vs ISX:ADES: 74.50

PT Akasha Wira International Tbk's Days Inventory declined from Mar. 2023 (70.89) to Mar. 2024 (65.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Akasha Wira International Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.39.

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. PT Akasha Wira International Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.

PT Akasha Wira International Tbk Days Inventory Historical Data

The historical data trend for PT Akasha Wira International 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 Akasha Wira International Tbk Days Inventory Chart

PT Akasha Wira International Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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82.18

87.65

74.77

72.52

77.77

PT Akasha Wira International Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															70.89	78.38	82.05	75.14	65.77

Competitive Comparison of PT Akasha Wira International Tbk's Days Inventory

For the Beverages - Non-Alcoholic subindustry, PT Akasha Wira International 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 Akasha Wira International Tbk's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Akasha Wira International Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Akasha Wira International Tbk's Days Inventory falls into.

PT Akasha Wira International Tbk Days Inventory Calculation

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

PT Akasha Wira International 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
=	( (148141	+	156327)	/	2 )	/	714509	*	365
=	152234					/	714509	*	365
=	77.77

PT Akasha Wira International Tbk's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (156327	+	163412)	/	2 )	/	221819	*	365 / 4
=	159869.5					/	221819	*	365 / 4
=	65.77

PT Akasha Wira International Tbk (ISX:ADES) 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 Akasha Wira International Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	221819	/	159869.5
	=	1.39

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.

PT Akasha Wira International Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	159869.5	/	463541
	=	0.34

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 Akasha Wira International Tbk Days Inventory Related Terms

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

PT Akasha Wira International Tbk (ISX:ADES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » PT Akasha Wira International Tbk (ISX:ADES) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Letjen. TB. Simatupang Kav. 89, RT 01 RW 02, Kelurahan Tanjung Barat, Kecamatan Jagakarsa, Jakarta, IDN, 12530

Website

https://www.akashainternational.com

PT Akasha Wira International Tbk operates in two segments, bottling and distribution of drinking water and manufacturing and trading of food and cosmetic products, and two geographical segments, that is Indonesia and Foreign. The Beverages segment sells bottled drinking water. The cosmetic segment is into the manufacturing and trading of cosmetics. The company distributes its cosmetic products under Wella, Wella Professional, System Professional, and dan Clairol Professional brands. The hair care products are marketed under the brand name Makarizo. Its bottled water is distributed under the trademark of Nestle Pure Life and Vica Royal, its brand name. Its Indonesia-based geographical segments are Java, Sumatera, Kalimantan, and others.

PT Akasha Wira International Tbk (ISX:ADES) Headlines

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