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PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Inventory Turnover : 6.43 (As of Mar. 2024)


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What is PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp489,119 Mil. PT Mandiri Herindo Adiperkasa Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp76,015 Mil. PT Mandiri Herindo Adiperkasa Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.43.

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 three months ended in Mar. 2024 was 14.18.

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 quarter that ended in Mar. 2024 was 0.12.


PT Mandiri Herindo Adiperkasa Tbk Inventory Turnover Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa 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.

* Premium members only.

PT Mandiri Herindo Adiperkasa Tbk Inventory Turnover Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
23.94 25.40 21.15 21.38

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 4.83 5.06 - 6.02 6.43

PT Mandiri Herindo Adiperkasa Tbk Inventory Turnover Calculation

PT Mandiri Herindo Adiperkasa 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 )
=1479179.892 / ((68010.262 + 70389.926) / 2 )
=1479179.892 / 69200.094
=21.38

PT Mandiri Herindo Adiperkasa 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 )
=489119.414 / ((70389.926 + 81639.285) / 2 )
=489119.414 / 76014.6055
=6.43

* 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.


PT Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) 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 Mandiri Herindo Adiperkasa 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
=76014.6055/489119.414*365 / 4
=14.18

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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=76014.6055 / 622679.482
=0.12

* 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.


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 Mandiri Herindo Adiperkasa Tbk Inventory Turnover Related Terms

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

Traded in Other Exchanges
N/A
Address
Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190
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.

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Headlines

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