PT Golden Plantation Tbk (ISX:GOLL) Days Inventory: 86.04 (As of Sep. 2021)


What is PT Golden Plantation Tbk Days Inventory?

PT Golden Plantation Tbk ISX:GOLL Days Inventory is 86.04 as of Sep. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). PT Golden Plantation Tbk's Average Total Inventories for the three months ended in Sep. 2021 was Rp1,654 Mil. PT Golden Plantation Tbk's Cost of Goods Sold for the three months ended in Sep. 2021 was Rp1,754 Mil. Hence, PT Golden Plantation Tbk's Days Inventory for the three months ended in Sep. 2021 was 86.04.

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

ISX:GOLL's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.755
* Ranked among companies with meaningful Days Inventory only.

PT Golden Plantation Tbk's Days Inventory declined from Sep. 2020 (109.96) to Sep. 2021 (86.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Golden Plantation Tbk's Inventory Turnover for the three months ended in Sep. 2021 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 Golden Plantation Tbk's Inventory-to-Revenue for the three months ended in Sep. 2021 was 1.71.


PT Golden Plantation Tbk  (ISX:GOLL) 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 Golden Plantation Tbk's Inventory Turnover for the three months ended in Sep. 2021 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 Golden Plantation Tbk's Inventory to Revenue for the three months ended in Sep. 2021 is calculated as

* 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 Golden Plantation Tbk Days Inventory Related Terms


PT Golden Plantation Tbk Days Inventory Historical Data

* Premium members only.

The historical data trend for PT Golden Plantation 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.

PT Golden Plantation Tbk Days Inventory Chart

PT Golden Plantation Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial 180.84 81.62 92.25 214.67 872.18

PT Golden Plantation Tbk Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 109.96 41.96 69.25 72.06 86.04

PT Golden Plantation Tbk Days Inventory Competitor Comparison

For the Farm Products subindustry, PT Golden Plantation 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 Golden Plantation Tbk Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Golden Plantation Tbk's Days Inventory distribution charts can be found below:

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



PT Golden Plantation Tbk Days Inventory Calculation

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

PT Golden Plantation Tbk's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (39220.338 + 1690.104) / 2 ) / 8560.36*365
=20455.221 / 8560.36*365
=872.18

PT Golden Plantation Tbk's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (1653.526 + 1653.526) / 2 ) / 1753.582*365 / 4
=1653.526 / 1753.582*365 / 4
=86.04

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 86.04 mean?
PT Golden Plantation Tbk (ISX:GOLL) has a Days Inventory of 86.04 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PT Golden Plantation Tbk and its competitors.
Is PT Golden Plantation Tbk's Days Inventory too high?
PT Golden Plantation Tbk's current Days Inventory is 86.04. The Consumer Packaged Goods industry median Days Inventory is 82.76. PT Golden Plantation Tbk's value of 86.04 is 4% above this industry median.
How does PT Golden Plantation Tbk's Days Inventory compare to competitors?
PT Golden Plantation Tbk's Days Inventory of 86.04 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.76. PT Golden Plantation Tbk's value of 86.04 is 4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.76, based on 1,864 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Golden Plantation Tbk's current Days Inventory of 86.04 is 4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PT Golden Plantation Tbk and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Plantation Tbk's current Days Inventory is 86.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Plantation Tbk stock overvalued right now?
PT Golden Plantation Tbk (ISX:GOLL) has a current Days Inventory of 86.04. The current Days Inventory is 86.04 and 4% above the Consumer Packaged Goods industry median of 82.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For PT Golden Plantation Tbk (ISX:GOLL), the current Days Inventory is 86.04 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Golden Plantation Tbk Business Description

Address Jalan Dr. Ide Anak Agung Gde Agung Kav.E.1.2 No.1 & 2, Plaza Mutiara building 8th Floor, Suite 801, Mega Kuningan, East Kuningan, Setiabudi, South Jakarta, Jakarta, IDN, 12950
PT Golden Plantation Tbk is engaged in the manufacturing of palm oil. The company's operating segment is palm oil plantations located in several areas in Indonesia. The company has around nine oil palm plantations, located in South Kalimantan, Central Kalimantan, West Kalimantan, Riau, South Sumatra, and Jambi. The sale of crude palm oil generates maximum revenue for the company. The company sells three products as principal sales, namely Crude Palm Oil, Fresh Fruit Bunches, and Palm Kernel.