PT Alkindo Naratama Tbk (ISX:ALDO) Days Inventory : 86.38 (As of Mar. 2024)

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What is PT Alkindo Naratama Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Alkindo Naratama Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp382,507 Mil. PT Alkindo Naratama Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp404,064 Mil. Hence, PT Alkindo Naratama Tbk's Days Inventory for the three months ended in Mar. 2024 was 86.38.

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

ISX:ALDO' s Days Inventory Range Over the Past 10 Years
Min: 57.65 Med: 82.02 Max: 100.78
Current: 93.57

During the past 13 years, PT Alkindo Naratama Tbk's highest Days Inventory was 100.78. The lowest was 57.65. And the median was 82.02.

ISX:ALDO's Days Inventory is ranked worse than
55.96% of 277 companies
in the Forest Products industry
Industry Median: 88.44 vs ISX:ALDO: 93.57

PT Alkindo Naratama Tbk's Days Inventory declined from Mar. 2023 (94.29) to Mar. 2024 (86.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Alkindo Naratama Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.06.

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 Alkindo Naratama Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.79.

PT Alkindo Naratama Tbk Days Inventory Historical Data

The historical data trend for PT Alkindo Naratama 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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PT Alkindo Naratama Tbk Days Inventory Chart

PT Alkindo Naratama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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100.78

97.30

73.14

98.87

93.97

PT Alkindo Naratama Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															94.29	105.69	97.32	91.01	86.38

Competitive Comparison of PT Alkindo Naratama Tbk's Days Inventory

For the Paper & Paper Products subindustry, PT Alkindo Naratama 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 Alkindo Naratama Tbk's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Alkindo Naratama Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Alkindo Naratama Tbk's Days Inventory falls into.

PT Alkindo Naratama Tbk Days Inventory Calculation

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

PT Alkindo Naratama 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
=	( (362228.383	+	371396.691)	/	2 )	/	1424745.925	*	365
=	366812.537					/	1424745.925	*	365
=	93.97

PT Alkindo Naratama Tbk's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (371396.691	+	393617.607)	/	2 )	/	404064.278	*	365 / 4
=	382507.149					/	404064.278	*	365 / 4
=	86.38

PT Alkindo Naratama Tbk (ISX:ALDO) 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 Alkindo Naratama Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	404064.278	/	382507.149
	=	1.06

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 Alkindo Naratama Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	382507.149	/	483848.873
	=	0.79

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 Alkindo Naratama Tbk Days Inventory Related Terms

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

PT Alkindo Naratama Tbk (ISX:ALDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » PT Alkindo Naratama Tbk (ISX:ALDO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

JL. Industri Cimareme II No. 14, Cimerang, Padalarang, Bandung Barat, IDN, 40553

Website

https://www.alkindo.co.id

PT Alkindo Naratama Tbk is engaged in manufacturing converted paper products. The company has four business segments namely Paper converting, Chemical, Polymer, and Paper. The company produces various types of paper products namely paper core, paper tube, honeycomb products, edge protector and paper box. The paper core segment includes STD core, WG core, SPC core and prime core. Paper tube includes the POY, DTY and FDY paper tube which are custom specific and packaged as per client requirement. Honeycomb products include pallets and boxes, layer and pad, honeycomb core for furniture and textile board/spacer.

PT Alkindo Naratama Tbk (ISX:ALDO) Headlines

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