PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Days Inventory : 14.18 (As of Mar. 2024)

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What is PT Mandiri Herindo Adiperkasa Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Mandiri Herindo Adiperkasa Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp76,015 Mil. PT Mandiri Herindo Adiperkasa Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp489,119 Mil. Hence, PT Mandiri Herindo Adiperkasa Tbk's Days Inventory for the three months ended in Mar. 2024 was 14.18.

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

ISX:MAHA' s Days Inventory Range Over the Past 10 Years
Min: 14.37 Med: 16.16 Max: 28.77
Current: 28.77

During the past 4 years, PT Mandiri Herindo Adiperkasa Tbk's highest Days Inventory was 28.77. The lowest was 14.37. And the median was 16.16.

ISX:MAHA's Days Inventory is ranked worse than
75.8% of 781 companies
in the Transportation industry
Industry Median: 11.4 vs ISX:MAHA: 28.77

PT Mandiri Herindo Adiperkasa Tbk's Days Inventory declined from Dec. 2022 (18.89) to Mar. 2024 (14.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Mandiri Herindo Adiperkasa Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 6.43.

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 Mandiri Herindo Adiperkasa Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.

PT Mandiri Herindo Adiperkasa Tbk Days Inventory Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Days Inventory Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

15.24

14.37

17.26

17.08

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial				18.89	18.04	-	15.15	14.18

Competitive Comparison of PT Mandiri Herindo Adiperkasa Tbk's Days Inventory

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Days Inventory falls into.

PT Mandiri Herindo Adiperkasa Tbk Days Inventory Calculation

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

PT Mandiri Herindo Adiperkasa 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
=	( (68010.262	+	70389.926)	/	2 )	/	1479179.892	*	365
=	69200.094					/	1479179.892	*	365
=	17.08

PT Mandiri Herindo Adiperkasa 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
=	( (70389.926	+	81639.285)	/	2 )	/	489119.414	*	365 / 4
=	76014.6055					/	489119.414	*	365 / 4
=	14.18

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	489119.414	/	76014.6055
	=	6.43

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 Mandiri Herindo Adiperkasa Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	76014.6055	/	622679.482
	=	0.12

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 Mandiri Herindo Adiperkasa Tbk Days Inventory Related Terms

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

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190

Website

https://www.mha.co.id

PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. Mandiri Services strives to provide safe, efficient, and effective mining services. Its focus is to provide prosperity and energy to the people of Indonesia through consistent and sustainable innovation toward a better future. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer.

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