PT Sinar Eka Selaras Tbk (ISX:ERAL) Days Inventory : 67.29 (As of Dec. 2023)

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What is PT Sinar Eka Selaras Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Sinar Eka Selaras Tbk's Average Total Inventories for the six months ended in Dec. 2023 was Rp593,485 Mil. PT Sinar Eka Selaras Tbk's Cost of Goods Sold for the six months ended in Dec. 2023 was Rp3,219,208 Mil. Hence, PT Sinar Eka Selaras Tbk's Days Inventory for the six months ended in Dec. 2023 was 33.65.

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

ISX:ERAL' s Days Inventory Range Over the Past 10 Years
Min: 36.36 Med: 55.69 Max: 67.29
Current: 67.29

During the past 4 years, PT Sinar Eka Selaras Tbk's highest Days Inventory was 67.29. The lowest was 36.36. And the median was 55.69.

ISX:ERAL's Days Inventory is ranked better than
70.44% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.79 vs ISX:ERAL: 67.29

PT Sinar Eka Selaras Tbk's Days Inventory increased from Dec. 2021 (48.56) to Dec. 2023 (67.29). It might indicate that PT Sinar Eka Selaras Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Sinar Eka Selaras Tbk's Inventory Turnover for the six months ended in Dec. 2023 was 5.42.

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 Sinar Eka Selaras Tbk's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.

PT Sinar Eka Selaras Tbk Days Inventory Historical Data

The historical data trend for PT Sinar Eka Selaras 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 Sinar Eka Selaras Tbk Days Inventory Chart

PT Sinar Eka Selaras Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

36.36

48.56

62.82

67.29

PT Sinar Eka Selaras Tbk Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Inventory	36.36	48.56	62.82	67.29

Competitive Comparison of PT Sinar Eka Selaras Tbk's Days Inventory

For the Specialty Retail subindustry, PT Sinar Eka Selaras 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 Sinar Eka Selaras Tbk's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Sinar Eka Selaras Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Sinar Eka Selaras Tbk's Days Inventory falls into.

PT Sinar Eka Selaras Tbk Days Inventory Calculation

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

PT Sinar Eka Selaras 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
=	( (574846.001	+	612124.225)	/	2 )	/	3219208.419	*	365
=	593485.113					/	3219208.419	*	365
=	67.29

PT Sinar Eka Selaras 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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (574846.001	+	612124.225)	/	2 )	/	3219208.419	*	365 / 2
=	593485.113					/	3219208.419	*	365 / 2
=	33.65

PT Sinar Eka Selaras Tbk (ISX:ERAL) 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 Sinar Eka Selaras Tbk's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3219208.419	/	593485.113
	=	5.42

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 Sinar Eka Selaras Tbk's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	593485.113	/	3730376.125
	=	0.16

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 Sinar Eka Selaras Tbk Days Inventory Related Terms

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

PT Sinar Eka Selaras Tbk (ISX:ERAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Sinar Eka Selaras Tbk (ISX:ERAL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Bandengan Selatan No. 19-20, Erajaya Plaza, Pekojan, Tambora, Jakarta Barat, Jakarta, IDN, 11240

Website

https://www.ses.id

PT Sinar Eka Selaras Tbk is a company engaged in the end-to-end retail products trading business that focuses on computers and electronic equipment as well as clothing for several brands in Indonesia. It focuses on sales of lifestyle-related products such as accessories, Internet of Things (IoT), sports fashion apparel, as well as other outdoor activity-related products with a variety of stores, from multi-brand concepts like Urban Republic & JD Sports stores to mono-brand concepts like Asics, DJI, Garmin, and other several brands. Its vision is to become an active lifestyle company and a mission to provide innovative solutions and outstanding services through a world-class active lifestyle product portfolio, supported by the Omni-Channel Network spread throughout the country.

PT Sinar Eka Selaras Tbk (ISX:ERAL) Headlines

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