PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) Days Inventory: 46.96 (As of Mar. 2022)


ISX:MAGP PT Multi Agro Gemilang Plantation Tbk ISX:MAGP
4 GF Score
Price Rp50.00
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What is PT Multi Agro Gemilang Plantation Tbk Days Inventory?

PT Multi Agro Gemilang Plantation Tbk ISX:MAGP 4 Days Inventory is 46.96 as of Mar. 2022. GuruFocus rates ISX:MAGP with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). PT Multi Agro Gemilang Plantation Tbk's Average Total Inventories for the three months ended in Mar. 2022 was Rp18,372 Mil. PT Multi Agro Gemilang Plantation Tbk's Cost of Goods Sold for the three months ended in Mar. 2022 was Rp35,701 Mil. Hence, PT Multi Agro Gemilang Plantation Tbk's Days Inventory for the three months ended in Mar. 2022 was 46.96.

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

ISX:MAGP's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.04
* Ranked among companies with meaningful Days Inventory only.

PT Multi Agro Gemilang Plantation Tbk's Days Inventory declined from Dec. 2020 (55.28) to Mar. 2022 (46.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover for the three months ended in Mar. 2022 was 1.94.

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 Multi Agro Gemilang Plantation Tbk's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.57.


PT Multi Agro Gemilang Plantation Tbk  (ISX:MAGP) 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 Multi Agro Gemilang Plantation Tbk's Inventory Turnover for the three months ended in Mar. 2022 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 Multi Agro Gemilang Plantation Tbk's Inventory to Revenue for the three months ended in Mar. 2022 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 Multi Agro Gemilang Plantation Tbk Days Inventory Related Terms


PT Multi Agro Gemilang Plantation Tbk Days Inventory Historical Data

* Premium members only.

The historical data trend for PT Multi Agro Gemilang 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 Multi Agro Gemilang Plantation Tbk Days Inventory Chart

PT Multi Agro Gemilang Plantation Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only 50.89 12.53 21.40 27.32 33.16

PT Multi Agro Gemilang Plantation Tbk Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22
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 55.28 39.53 19.87 25.50 46.96

ISX:MAGP vs ADM, TSN, BG: Days Inventory Comparison

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

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

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


ISX:MAGP
4GF Score
PT Multi Agro Gemilang Plantation Tbk ISX:MAGP
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Agro Gemilang Plantation Tbk Days Inventory Calculation

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

PT Multi Agro Gemilang 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
=( (17714.248 + 17290.146) / 2 ) / 192631.92*365
=17502.197 / 192631.92*365
=33.16

PT Multi Agro Gemilang Plantation Tbk's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (15708.021 + 21035.779) / 2 ) / 35701.382*365 / 4
=18371.9 / 35701.382*365 / 4
=46.96

* 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 46.96 mean?
PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) has a Days Inventory of 46.96 as of Mar. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PT Multi Agro Gemilang Plantation Tbk and its competitors.
Is PT Multi Agro Gemilang Plantation Tbk's Days Inventory too high?
PT Multi Agro Gemilang Plantation Tbk's current Days Inventory is 46.96. The Consumer Packaged Goods industry median Days Inventory is 83.04. PT Multi Agro Gemilang Plantation Tbk's value of 46.96 is 43.4% below this industry median. Overall, PT Multi Agro Gemilang Plantation Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Agro Gemilang Plantation Tbk's Days Inventory compare to ADM and TSN?
PT Multi Agro Gemilang Plantation Tbk's Days Inventory of 46.96 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 83.04. PT Multi Agro Gemilang Plantation Tbk's value of 46.96 is 43.4% below 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 83.04, based on 1,863 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 Multi Agro Gemilang Plantation Tbk's current Days Inventory of 46.96 is 43.4% below 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 Multi Agro Gemilang Plantation Tbk and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 83.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Agro Gemilang Plantation Tbk's current Days Inventory is 46.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Agro Gemilang Plantation Tbk stock overvalued right now?
PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) has a current Days Inventory of 46.96. The current Days Inventory is 46.96 and 43.4% below the Consumer Packaged Goods industry median of 83.04. PT Multi Agro Gemilang Plantation Tbk's overall GF Score™ is 4/100. 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 Multi Agro Gemilang Plantation Tbk (ISX:MAGP), the current Days Inventory is 46.96 as of Mar. 2022. 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 Multi Agro Gemilang Plantation Tbk Business Description

Address Jalan Jenderal Sudirman Kav 1 Gelora Tanah Abang, Panin Bank Tower, 2nd Floor, Central Jakarta, Jakarta, IDN, 1027
PT Multi Agro Gemilang Plantation Tbk is mainly engaged in oil palm plantation.
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