PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Days Inventory : 101.03 (As of Mar. 2024)

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What is PT Tower Bersama Infrastructure Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Tower Bersama Infrastructure Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp514,354 Mil. PT Tower Bersama Infrastructure Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp464,568 Mil. Hence, PT Tower Bersama Infrastructure Tbk's Days Inventory for the three months ended in Mar. 2024 was 101.03.

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

ISX:TBIG' s Days Inventory Range Over the Past 10 Years
Min: 8.17 Med: 75.85 Max: 289.06
Current: 104.35

During the past 13 years, PT Tower Bersama Infrastructure Tbk's highest Days Inventory was 289.06. The lowest was 8.17. And the median was 75.85.

ISX:TBIG's Days Inventory is ranked worse than
91.89% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs ISX:TBIG: 104.35

PT Tower Bersama Infrastructure Tbk's Days Inventory declined from Mar. 2023 (138.27) to Mar. 2024 (101.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Tower Bersama Infrastructure Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 0.90.

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 Tower Bersama Infrastructure Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.30.

PT Tower Bersama Infrastructure Tbk Days Inventory Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Days Inventory Chart

PT Tower Bersama Infrastructure Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.17

22.71

42.72

86.79

111.37

PT Tower Bersama Infrastructure Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															138.27	159.51	80.62	92.70	101.03

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Days Inventory

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Days Inventory distribution charts can be found below:

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

PT Tower Bersama Infrastructure Tbk Days Inventory Calculation

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

PT Tower Bersama Infrastructure 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
=	( (621652	+	539236)	/	2 )	/	1902397	*	365
=	580444					/	1902397	*	365
=	111.37

PT Tower Bersama Infrastructure 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
=	( (539236	+	489472)	/	2 )	/	464568	*	365 / 4
=	514354					/	464568	*	365 / 4
=	101.03

PT Tower Bersama Infrastructure Tbk (ISX:TBIG) 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 Tower Bersama Infrastructure Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	464568	/	514354
	=	0.90

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	514354	/	1704665
	=	0.30

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 Tower Bersama Infrastructure Tbk Days Inventory Related Terms

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

PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Tower Bersama Infrastructure Tbk (ISX:TBIG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940

Website

https://www.tower-bersama.com

PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Headlines

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