PT Ifishdeco Tbk (ISX:IFSH) Days Inventory : 36.11 (As of Mar. 2024)

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What is PT Ifishdeco Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Ifishdeco Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp39,551 Mil. PT Ifishdeco Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp99,941 Mil. Hence, PT Ifishdeco Tbk's Days Inventory for the three months ended in Mar. 2024 was 36.11.

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

ISX:IFSH' s Days Inventory Range Over the Past 10 Years
Min: 41.73 Med: 238.1 Max: 821.23
Current: 41.73

During the past 6 years, PT Ifishdeco Tbk's highest Days Inventory was 821.23. The lowest was 41.73. And the median was 238.10.

ISX:IFSH's Days Inventory is ranked better than
79.94% of 663 companies
in the Metals & Mining industry
Industry Median: 87.68 vs ISX:IFSH: 41.73

PT Ifishdeco Tbk's Days Inventory declined from Mar. 2023 (110.77) to Mar. 2024 (36.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Ifishdeco Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 2.53.

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 Ifishdeco Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.

PT Ifishdeco Tbk Days Inventory Historical Data

The historical data trend for PT Ifishdeco 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 Ifishdeco Tbk Days Inventory Chart

PT Ifishdeco Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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177.54

821.23

266.69

253.53

73.11

PT Ifishdeco Tbk Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial												110.77	54.25	30.10	24.78	36.11

Competitive Comparison of PT Ifishdeco Tbk's Days Inventory

For the Other Industrial Metals & Mining subindustry, PT Ifishdeco 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 Ifishdeco Tbk's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Ifishdeco Tbk's Days Inventory distribution charts can be found below:

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

PT Ifishdeco Tbk Days Inventory Calculation

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

PT Ifishdeco 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
=	( (258960.002	+	39572.399)	/	2 )	/	745206.948	*	365
=	149266.2005					/	745206.948	*	365
=	73.11

PT Ifishdeco 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
=	( (39572.399	+	39529.259)	/	2 )	/	99940.951	*	365 / 4
=	39550.829					/	99940.951	*	365 / 4
=	36.11

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	99940.951	/	39550.829
	=	2.53

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39550.829	/	170016.98
	=	0.23

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 Ifishdeco Tbk Days Inventory Related Terms

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

PT Ifishdeco Tbk (ISX:IFSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Ifishdeco Tbk (ISX:IFSH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jenderal Sudirman No. 86, Gedung Sahid Sudirman Center Lantai 42 F, Karet Tengsin, Tanah Abang, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.ifishdeco.com

PT Ifishdeco Tbk is an Indonesia based company engaged in the mining of nickel ore. The business activities are primarily carried out in Southeast Sulawesi, it undertakes the exploration, development, production, smelting, and marketing of nickel ore.

PT Ifishdeco Tbk (ISX:IFSH) Headlines

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