PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Inventory Turnover : 1.32 (As of Dec. 2023)

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What is PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp1,707,786 Mil. PT Elang Mahkota Teknologi Tbk's Average Total Inventories for the quarter that ended in Dec. 2023 was Rp1,291,562 Mil. PT Elang Mahkota Teknologi Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Elang Mahkota Teknologi Tbk's Days Inventory for the three months ended in Dec. 2023 was 69.01.

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 Elang Mahkota Teknologi Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

PT Elang Mahkota Teknologi Tbk Inventory Turnover Historical Data

The historical data trend for PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Inventory Turnover Chart

PT Elang Mahkota Teknologi Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.15

8.73

9.46

5.62

4.87

PT Elang Mahkota Teknologi Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.76	2.29	2.24	-1.24	1.32

PT Elang Mahkota Teknologi Tbk Inventory Turnover Calculation

PT Elang Mahkota Teknologi 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 )
=	6378012.754	/ (	(1321760.527	+	1295358.468)	/	2 )
=	6378012.754	/	1308559.4975
=	4.87

PT Elang Mahkota Teknologi Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1707785.914	/ (	(1287764.993	+	1295358.468)	/	2 )
=	1707785.914	/	1291561.7305
=	1.32

PT Elang Mahkota Teknologi Tbk (ISX:EMTK) 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 Elang Mahkota Teknologi Tbk's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1291561.7305	/	1707785.914	*	365 / 4
	=	69.01

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 Elang Mahkota Teknologi Tbk's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1291561.7305	/	2475045.051
	=	0.52

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 Elang Mahkota Teknologi Tbk Inventory Turnover Related Terms

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PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Elang Mahkota Teknologi Tbk (ISX:EMTK) » Definitions » Inventory Turnover

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Address

Jalan Asia Afrika Lot 19, SCTV Tower, 18th Floor, Senayan City, Jakarta, IDN, 10270

Website

https://www.emtek.co.id

PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group involved in four business divisions, Media, Solutions, Healthcare, and Others. Media, representing Free-to-Air of television broadcasting under the 4 television channels, Healthcare, representing a wide range of medical services. Its Solutions division offers infrastructure and services in information, communication services, the telecommunication industry, banking, and retail payment. The others represent connectivity including internet service provision, pay-TV service, and wireless broadband service. It derives maximum revenue from the Media segment.

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