GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Sarana Mitra Luas TBK (ISX:SMIL) » Definitions » Days Inventory

PTrana Mitra Luas TBK (ISX:SMIL) Days Inventory : 7.84 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is PTrana Mitra Luas TBK Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PTrana Mitra Luas TBK's Average Total Inventories for the three months ended in Mar. 2024 was Rp4,880 Mil. PTrana Mitra Luas TBK's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp56,799 Mil. Hence, PTrana Mitra Luas TBK's Days Inventory for the three months ended in Mar. 2024 was 7.84.

The historical rank and industry rank for PTrana Mitra Luas TBK's Days Inventory or its related term are showing as below:

ISX:SMIL' s Days Inventory Range Over the Past 10 Years
Min: 8.25   Med: 11.88   Max: 31.36
Current: 31.36

During the past 5 years, PTrana Mitra Luas TBK's highest Days Inventory was 31.36. The lowest was 8.25. And the median was 11.88.

ISX:SMIL's Days Inventory is ranked worse than
51.84% of 681 companies
in the Business Services industry
Industry Median: 28.18 vs ISX:SMIL: 31.36

PTrana Mitra Luas TBK's Days Inventory increased from Dec. 2021 (0.00) to Mar. 2024 (7.84). It might indicate that PTrana Mitra Luas TBK's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PTrana Mitra Luas TBK's Inventory Turnover for the three months ended in Mar. 2024 was 11.64.

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. PTrana Mitra Luas TBK's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.


PTrana Mitra Luas TBK Days Inventory Historical Data

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Days Inventory Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
11.88 13.75 12.17 9.92 8.25

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 Oct22 Mar23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial - - - - 7.84

Competitive Comparison of PTrana Mitra Luas TBK's Days Inventory

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.


PTrana Mitra Luas TBK's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Days Inventory distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Days Inventory falls into.



PTrana Mitra Luas TBK Days Inventory Calculation

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

PTrana Mitra Luas 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
=( (4581.158 + 4906.481) / 2 ) / 209800.809*365
=4743.8195 / 209800.809*365
=8.25

PTrana Mitra Luas 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
=( (4906.481 + 4853.82) / 2 ) / 56798.993*365 / 4
=4880.1505 / 56798.993*365 / 4
=7.84

* 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.


PTrana Mitra Luas TBK  (ISX:SMIL) 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.

PTrana Mitra Luas TBK's Inventory Turnover for the three months ended in Mar. 2024 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.

PTrana Mitra Luas TBK's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4880.1505 / 97497.745
=0.05

* 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.


PTrana Mitra Luas TBK Days Inventory Related Terms

Thank you for viewing the detailed overview of PTrana Mitra Luas TBK's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


PTrana Mitra Luas TBK (ISX:SMIL) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

PTrana Mitra Luas TBK (ISX:SMIL) Headlines

No Headlines