PT Sinergi Megah Internusa Tbk (ISX:NUSA) Inventory Turnover : 9.69 (As of Sep. 2019)

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What is PT Sinergi Megah Internusa 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 Sinergi Megah Internusa Tbk's Cost of Goods Sold for the three months ended in Sep. 2019 was Rp4,478 Mil. PT Sinergi Megah Internusa Tbk's Average Total Inventories for the quarter that ended in Sep. 2019 was Rp462 Mil. PT Sinergi Megah Internusa Tbk's Inventory Turnover for the quarter that ended in Sep. 2019 was 9.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Sinergi Megah Internusa Tbk's Days Inventory for the three months ended in Sep. 2019 was 9.41.

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 Sinergi Megah Internusa Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.13.

PT Sinergi Megah Internusa Tbk Inventory Turnover Historical Data

The historical data trend for PT Sinergi Megah Internusa 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 Sinergi Megah Internusa Tbk Inventory Turnover Chart

PT Sinergi Megah Internusa Tbk Annual Data

Trend

Dec17

Dec18

Inventory Turnover

136.48

107.30

PT Sinergi Megah Internusa Tbk Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory Turnover	Get a 7-Day Free Trial				15.98	17.89	12.48	9.67	9.69

PT Sinergi Megah Internusa Tbk Inventory Turnover Calculation

PT Sinergi Megah Internusa Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	20021.77	/ (	(114.741	+	258.467)	/	2 )
=	20021.77	/	186.604
=	107.30

PT Sinergi Megah Internusa Tbk's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

	Inventory Turnover (Q: Sep. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2019 )	/ (	(Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )
=	4478.427	/ (	(451.222	+	472.908)	/	2 )
=	4478.427	/	462.065
=	9.69

PT Sinergi Megah Internusa Tbk (ISX:NUSA) 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 Sinergi Megah Internusa Tbk's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	462.065	/	4478.427	*	365 / 4
	=	9.41

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 Sinergi Megah Internusa Tbk's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	462.065	/	3510.394
	=	0.13

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 Sinergi Megah Internusa Tbk Inventory Turnover Related Terms

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PT Sinergi Megah Internusa Tbk (ISX:NUSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PT Sinergi Megah Internusa Tbk (ISX:NUSA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ring Road Utara, Jalan.Padjajaran No.409, Yogyakarta, IDN, 55281

Website

https://www.sinergimegahtbk.com

PT Sinergi Megah Internusa Tbk operates in the hotel industry. It services include restaurant, a business center, a fitness center and spa, Swimming pool, and a sky lounge. It operates through two segments: hotels and real estate. The firm generates majority revenue the Hotel segment.