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PT Ace Hardware Indonesia Tbk (ISX:ACES) Days Inventory : 230.52 (As of Dec. 2023)


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What is PT Ace Hardware Indonesia Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Ace Hardware Indonesia Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp2,689,191 Mil. PT Ace Hardware Indonesia Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp1,064,495 Mil. Hence, PT Ace Hardware Indonesia Tbk's Days Inventory for the three months ended in Dec. 2023 was 230.52.

The historical rank and industry rank for PT Ace Hardware Indonesia Tbk's Days Inventory or its related term are showing as below:

ISX:ACES' s Days Inventory Range Over the Past 10 Years
Min: 187.19   Med: 220.82   Max: 270.43
Current: 254.05

During the past 13 years, PT Ace Hardware Indonesia Tbk's highest Days Inventory was 270.43. The lowest was 187.19. And the median was 220.82.

ISX:ACES's Days Inventory is ranked worse than
84.24% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs ISX:ACES: 254.05

PT Ace Hardware Indonesia Tbk's Days Inventory declined from Dec. 2022 (266.61) to Dec. 2023 (230.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Ace Hardware Indonesia Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 0.40.

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 Ace Hardware Indonesia Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.27.


PT Ace Hardware Indonesia Tbk Days Inventory Historical Data

The historical data trend for PT Ace Hardware Indonesia 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.

* Premium members only.

PT Ace Hardware Indonesia Tbk Days Inventory Chart

PT Ace Hardware Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.82 248.25 264.17 270.43 255.33

PT Ace Hardware Indonesia 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 266.61 286.94 247.95 255.11 230.52

Competitive Comparison of PT Ace Hardware Indonesia Tbk's Days Inventory

For the Specialty Retail subindustry, PT Ace Hardware Indonesia 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.


PT Ace Hardware Indonesia Tbk's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Ace Hardware Indonesia Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Ace Hardware Indonesia Tbk's Days Inventory falls into.



PT Ace Hardware Indonesia Tbk Days Inventory Calculation

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

PT Ace Hardware Indonesia 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
=( (2810769.399 + 2664947.948) / 2 ) / 3913777.307*365
=2737858.6735 / 3913777.307*365
=255.33

PT Ace Hardware Indonesia 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
=( (2713434.936 + 2664947.948) / 2 ) / 1064495.092*365 / 4
=2689191.442 / 1064495.092*365 / 4
=230.52

* 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 Ace Hardware Indonesia Tbk  (ISX:ACES) 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.

PT Ace Hardware Indonesia Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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 Ace Hardware Indonesia Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2689191.442 / 2118248.059
=1.27

* 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

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.


PT Ace Hardware Indonesia Tbk Days Inventory Related Terms

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


PT Ace Hardware Indonesia Tbk (ISX:ACES) Business Description

Traded in Other Exchanges
Address
Jalan Puri Kencana No. 1, Kawan Lama Building, Kembangan Selatan, Jakarta, IDN, 11610
PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and other products, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

PT Ace Hardware Indonesia Tbk (ISX:ACES) Headlines

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