PT ICTSI Jasa Prima Tbk (ISX:KARW) Inventory Turnover : 3.45 (As of Mar. 2024)

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What is PT ICTSI Jasa Prima Tbk Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. PT ICTSI Jasa Prima Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp14,291 Mil. PT ICTSI Jasa Prima Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp4,139 Mil. PT ICTSI Jasa Prima Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT ICTSI Jasa Prima Tbk's Days Inventory for the three months ended in Mar. 2024 was 26.43.

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 ICTSI Jasa Prima Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

PT ICTSI Jasa Prima Tbk Inventory Turnover Historical Data

The historical data trend for PT ICTSI Jasa Prima Tbk's Inventory Turnover 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 ICTSI Jasa Prima Tbk Inventory Turnover Chart

PT ICTSI Jasa Prima Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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15.86

13.43

12.11

15.23

15.41

PT ICTSI Jasa Prima Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.54	4.14	4.60	4.04	3.45

PT ICTSI Jasa Prima Tbk Inventory Turnover Calculation

PT ICTSI Jasa Prima Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	63991.787	/ (	(4357.49	+	3946.494)	/	2 )
=	63991.787	/	4151.992
=	15.41

PT ICTSI Jasa Prima Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	14290.626	/ (	(3946.494	+	4331.894)	/	2 )
=	14290.626	/	4139.194
=	3.45

PT ICTSI Jasa Prima Tbk (ISX:KARW) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

PT ICTSI Jasa Prima Tbk's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	4139.194	/	14290.626	*	365 / 4
	=	26.43

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 ICTSI Jasa Prima Tbk's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4139.194	/	17805.472
	=	0.23

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

PT ICTSI Jasa Prima Tbk Inventory Turnover Related Terms

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PT ICTSI Jasa Prima Tbk (ISX:KARW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT ICTSI Jasa Prima Tbk (ISX:KARW) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Jalan Yos Sudarso Number 88, Suite 701, 7th Floor, Graha Kirana Building, Jakarta Utara, Jakarta, IDN, 14350

Website

http://www.ijp.co.id

PT ICTSI Jasa Prima Tbk is engaged in an operating container terminal. The services provided by the company include maintenance, upkeep, operation and utilization of maritime facilities. It also offers infrastructure facilities such as concession of berth and terminal, container yard. The company is also involved in the operation of machinery and technical, mechanical, electronic equipment, special scales, computer software and hardware related to facilities and infrastructure of maritime logistics and stevedoring services. The other business activities of the company include facilities and infrastructures development for maritime logistics, trading of various goods related to maritime logistics facilities and infrastructure, freight forwarding and warehousing.

PT ICTSI Jasa Prima Tbk (ISX:KARW) Headlines

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