PT Xl Axiata Tbk (PT Xl Axiata Tbk) Inventory Turnover : 8.62 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is PT Xl Axiata 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 Xl Axiata Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $207 Mil. PT Xl Axiata Tbk's Average Total Inventories for the quarter that ended in Dec. 2023 was $24 Mil. PT Xl Axiata Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Xl Axiata Tbk's Days Inventory for the three months ended in Dec. 2023 was 10.58.

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 Xl Axiata Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

PT Xl Axiata Tbk Inventory Turnover Historical Data

The historical data trend for PT Xl Axiata 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 Xl Axiata Tbk Inventory Turnover Chart

PT Xl Axiata Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

88.91

87.04

63.19

36.55

31.28

PT Xl Axiata 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															7.76	8.30	8.24	7.55	8.62

PT Xl Axiata Tbk Inventory Turnover Calculation

PT Xl Axiata 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 )
=	789.301	/ (	(25.947	+	24.512)	/	2 )
=	789.301	/	25.2295
=	31.28

PT Xl Axiata 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 )
=	206.923	/ (	(23.493	+	24.512)	/	2 )
=	206.923	/	24.0025
=	8.62

PT Xl Axiata Tbk (OTCPK:PTXKY) 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 Xl Axiata 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
	=	24.0025	/	206.923	*	365 / 4
	=	10.58

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 Xl Axiata 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 )
	=	24.0025	/	548.446
	=	0.04

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 Xl Axiata Tbk Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PT Xl Axiata Tbk's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Xl Axiata Tbk (PT Xl Axiata Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Xl Axiata Tbk (OTCPK:PTXKY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

EXCL:Indonesia E5F:Germany

Address

Jalan HR Rasuna Said X5, Kavling 11-12, XL Axiata Tower, Kuningan Timur, Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.xl.co.id

PT XL Axiata TBK is a telecommunications company. The company generates revenue from the provision of mobile services. Within mobile services, the products offered are SMS, data, and voice, with data and voice comprising the bulk of overall company revenue. The majority of PT XL Axiata's subscriber base is on the 2G spectrum. Additionally, it is an owner of the telecommunications infrastructure, specifically mobile base stations and fiber networks. It also derives revenue from renting out the telecommunication towers. The company generates the vast majority of its revenue in Indonesia.

PT Xl Axiata Tbk (PT Xl Axiata Tbk) Headlines

From GuruFocus

Brandes Investment Trust Comments on Panamanian Copa Holdings

By Holly LaFon • 12-04-2015

Axiata Digital Labs (ADL) to collaborate with AWS driving Telco Industry TechCo Evolution

By ACN Newswire ACN Newswire • 03-02-2023

Axonect Enterprise Enabler powers Axiata's first metaverse concert in Sri Lanka and Indonesia

By ACN Newswire ACN Newswire • 02-27-2023