PT Argha Karya Prima Industry Tbk (ISX:AKPI) Days Inventory : 52.62 (As of Mar. 2024)

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What is PT Argha Karya Prima Industry Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Argha Karya Prima Industry Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp394,469 Mil. PT Argha Karya Prima Industry Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp684,090 Mil. Hence, PT Argha Karya Prima Industry Tbk's Days Inventory for the three months ended in Mar. 2024 was 52.62.

The historical rank and industry rank for PT Argha Karya Prima Industry Tbk's Days Inventory or its related term are showing as below:

ISX:AKPI' s Days Inventory Range Over the Past 10 Years
Min: 61.39 Med: 68.82 Max: 80.66
Current: 63.02

During the past 13 years, PT Argha Karya Prima Industry Tbk's highest Days Inventory was 80.66. The lowest was 61.39. And the median was 68.82.

ISX:AKPI's Days Inventory is ranked better than
65.49% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs ISX:AKPI: 63.02

PT Argha Karya Prima Industry Tbk's Days Inventory declined from Mar. 2023 (74.27) to Mar. 2024 (52.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Argha Karya Prima Industry Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.73.

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 Argha Karya Prima Industry Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.52.

PT Argha Karya Prima Industry Tbk Days Inventory Historical Data

The historical data trend for PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk Days Inventory Chart

PT Argha Karya Prima Industry Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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77.11

69.12

71.97

80.66

72.32

PT Argha Karya Prima Industry 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															74.27	81.05	63.00	57.05	52.62

Competitive Comparison of PT Argha Karya Prima Industry Tbk's Days Inventory

For the Packaging & Containers subindustry, PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Argha Karya Prima Industry Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Argha Karya Prima Industry Tbk's Days Inventory falls into.

PT Argha Karya Prima Industry Tbk Days Inventory Calculation

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

PT Argha Karya Prima Industry 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
=	( (616626.604	+	373581.172)	/	2 )	/	2498653.326	*	365
=	495103.888					/	2498653.326	*	365
=	72.32

PT Argha Karya Prima Industry 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
=	( (373581.172	+	415357.251)	/	2 )	/	684089.946	*	365 / 4
=	394469.2115					/	684089.946	*	365 / 4
=	52.62

PT Argha Karya Prima Industry Tbk (ISX:AKPI) 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 Argha Karya Prima Industry Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	684089.946	/	394469.2115
	=	1.73

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 Argha Karya Prima Industry Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	394469.2115	/	760511.115
	=	0.52

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 Argha Karya Prima Industry Tbk Days Inventory Related Terms

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

PT Argha Karya Prima Industry Tbk (ISX:AKPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » PT Argha Karya Prima Industry Tbk (ISX:AKPI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jendral Sudirman kav.52-53, Prosperity Tower, Floor 51, SCBD Lot.28, District 8, Jakarta, IDN, 12190

Website

https://www.arghakarya.com

PT Argha Karya Prima Industry Tbk produces packaging film products for industrial use and consumer goods items such as cigarettes, food products, paper lamination, labels, and others. The company operates in segments that include Manufacturing and Distribution. The Manufacturing business segment generates maximum revenue for the company. The company's brand includes Arlene and Areta. PT Argha Karya Prima exports its products to Asia, Africa, Europe, America, the Middle East, Europe, Australia, and New Zealand. The majority of the revenue is generated from Indonesia.

PT Argha Karya Prima Industry Tbk (ISX:AKPI) Headlines

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