PTrana Menara Nusantara Tbk (ISX:TOWR) Days Inventory : 1.24 (As of Dec. 2023)

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What is PTrana Menara Nusantara Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PTrana Menara Nusantara Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp14,378 Mil. PTrana Menara Nusantara Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp1,062,053 Mil. Hence, PTrana Menara Nusantara Tbk's Days Inventory for the three months ended in Dec. 2023 was 1.24.

The historical rank and industry rank for PTrana Menara Nusantara Tbk's Days Inventory or its related term are showing as below:

ISX:TOWR' s Days Inventory Range Over the Past 10 Years
Min: 0.32 Med: 2.21 Max: 7.07
Current: 0.78

During the past 13 years, PTrana Menara Nusantara Tbk's highest Days Inventory was 7.07. The lowest was 0.32. And the median was 2.21.

ISX:TOWR's Days Inventory is ranked better than
96.31% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs ISX:TOWR: 0.78

PTrana Menara Nusantara Tbk's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (1.24). It might indicate that PTrana Menara Nusantara Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PTrana Menara Nusantara Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 73.87.

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. PTrana Menara Nusantara Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

PTrana Menara Nusantara Tbk Days Inventory Historical Data

The historical data trend for PTrana Menara Nusantara 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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PTrana Menara Nusantara Tbk Days Inventory Chart

PTrana Menara Nusantara Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.51

PTrana Menara Nusantara Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	0.06	0.07	0.82	1.24

Competitive Comparison of PTrana Menara Nusantara Tbk's Days Inventory

For the Telecom Services subindustry, PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PTrana Menara Nusantara Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PTrana Menara Nusantara Tbk's Days Inventory falls into.

PTrana Menara Nusantara Tbk Days Inventory Calculation

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

PTrana Menara Nusantara 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
=	( (0	+	14572)	/	1 )	/	3527754	*	365
=	14572					/	3527754	*	365
=	1.51

PTrana Menara Nusantara Tbk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14184	+	14572)	/	2 )	/	1062053	*	365 / 4
=	14378					/	1062053	*	365 / 4
=	1.24

PTrana Menara Nusantara Tbk (ISX:TOWR) 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.

PTrana Menara Nusantara Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1062053	/	14378
	=	73.87

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.

PTrana Menara Nusantara Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14378	/	3020966
	=	0.00

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.

PTrana Menara Nusantara Tbk Days Inventory Related Terms

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

PTrana Menara Nusantara Tbk (ISX:TOWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Sarana Menara Nusantara Tbk (ISX:TOWR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SMNUF:USA

Address

Jalan Jenderal Ahmad Yani No. 19A, Central Java, Kudus, IDN

Website

https://www.ptsmn.co.id

PT Sarana Menara Nusantara Tbk is an investment company. It invests in companies that are engaged in leasing space, owning and operating telecommunication towers for wireless operators in Indonesia under long-term lease agreements. The company owns and operates over 19,000 towers in Indonesia. Its business segments include Tower rental and Other services (VSAT service, and MWIFO). The majority of the company's revenue is generated from Tower Rental.