PT Atlas Resources Tbk (ISX:ARII) Days Inventory : 52.23 (As of Mar. 2024)

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What is PT Atlas Resources Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Atlas Resources Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp448,806 Mil. PT Atlas Resources Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp784,027 Mil. Hence, PT Atlas Resources Tbk's Days Inventory for the three months ended in Mar. 2024 was 52.23.

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

ISX:ARII' s Days Inventory Range Over the Past 10 Years
Min: 20.05 Med: 44.37 Max: 82.5
Current: 31.06

During the past 13 years, PT Atlas Resources Tbk's highest Days Inventory was 82.50. The lowest was 20.05. And the median was 44.37.

ISX:ARII's Days Inventory is ranked better than
50.43% of 115 companies
in the Other Energy Sources industry
Industry Median: 32.53 vs ISX:ARII: 31.06

PT Atlas Resources Tbk's Days Inventory increased from Mar. 2023 (17.37) to Mar. 2024 (52.23). It might indicate that PT Atlas Resources Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Atlas Resources Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.75.

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 Atlas Resources Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.

PT Atlas Resources Tbk Days Inventory Historical Data

The historical data trend for PT Atlas Resources 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 Atlas Resources Tbk Days Inventory Chart

PT Atlas Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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38.25

43.65

22.79

20.05

31.09

PT Atlas Resources 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															17.37	17.35	25.79	33.34	52.23

Competitive Comparison of PT Atlas Resources Tbk's Days Inventory

For the Thermal Coal subindustry, PT Atlas Resources 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 Atlas Resources Tbk's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Atlas Resources Tbk's Days Inventory distribution charts can be found below:

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

PT Atlas Resources Tbk Days Inventory Calculation

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

PT Atlas Resources 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
=	( (228209.795	+	440558.244)	/	2 )	/	3925821.325	*	365
=	334384.0195					/	3925821.325	*	365
=	31.09

PT Atlas Resources 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
=	( (440558.244	+	457053.356)	/	2 )	/	784026.565	*	365 / 4
=	448805.8					/	784026.565	*	365 / 4
=	52.23

PT Atlas Resources Tbk (ISX:ARII) 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 Atlas Resources Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	784026.565	/	448805.8
	=	1.75

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	448805.8	/	759299.312
	=	0.59

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 Atlas Resources Tbk Days Inventory Related Terms

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

PT Atlas Resources Tbk (ISX:ARII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Atlas Resources Tbk (ISX:ARII) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav. 45 - 46, Sampoerna Strategic Square, South Tower, 18th Floor, South Jakarta, Jakarta, IDN, 12930

Website

https://www.atlas-coal.co.id

PT Atlas Resources Tbk is an Indonesia-based company engaged in the production of coal. The business activity of the firm primarily functions through the sales of coal segment. Its activities include coal mining, trading, and transportation; and other activities related to coal mining operations such as rental of equipment and vehicles. Geographically the group has its presence in the region of Japan, China, Korea, Thailand, Europe, India, and Indonesia. The company generates maximum revenue from the coal segment.