PT WIR ASIA Tbk (ISX:WIRG) Days Inventory : 0.88 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is PT WIR ASIA Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT WIR ASIA Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp4,945 Mil. PT WIR ASIA Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp510,026 Mil. Hence, PT WIR ASIA Tbk's Days Inventory for the three months ended in Dec. 2023 was 0.88.

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

ISX:WIRG' s Days Inventory Range Over the Past 10 Years
Min: 0.34 Med: 3.02 Max: 7.47
Current: 0.7

During the past 6 years, PT WIR ASIA Tbk's highest Days Inventory was 7.47. The lowest was 0.34. And the median was 3.02.

ISX:WIRG's Days Inventory is ranked better than
90.08% of 1563 companies
in the Software industry
Industry Median: 19.71 vs ISX:WIRG: 0.70

PT WIR ASIA Tbk's Days Inventory increased from Dec. 2022 (0.34) to Dec. 2023 (0.88). It might indicate that PT WIR ASIA Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT WIR ASIA Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 103.14.

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 WIR ASIA Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

PT WIR ASIA Tbk Days Inventory Historical Data

The historical data trend for PT WIR ASIA 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 WIR ASIA Tbk Days Inventory Chart

PT WIR ASIA Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

7.47

3.56

3.02

0.77

0.34

PT WIR ASIA Tbk Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial									0.34	0.30	0.79	1.15	0.88

Competitive Comparison of PT WIR ASIA Tbk's Days Inventory

For the Information Technology Services subindustry, PT WIR ASIA 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 WIR ASIA Tbk's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, PT WIR ASIA Tbk's Days Inventory distribution charts can be found below:

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

PT WIR ASIA Tbk Days Inventory Calculation

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

PT WIR ASIA 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
=	( (1423.2	+	2624.058)	/	2 )	/	2191522.034	*	365
=	2023.629					/	2191522.034	*	365
=	0.34

PT WIR ASIA Tbk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7265.887	+	2624.058)	/	2 )	/	510026.265	*	365 / 4
=	4944.9725					/	510026.265	*	365 / 4
=	0.88

PT WIR ASIA Tbk (ISX:WIRG) 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 WIR ASIA Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	510026.265	/	4944.9725
	=	103.14

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 WIR ASIA Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4944.9725	/	615424.304
	=	0.01

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 WIR ASIA Tbk Days Inventory Related Terms

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

PT WIR ASIA Tbk (ISX:WIRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT WIR ASIA Tbk (ISX:WIRG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Panjang Raya No.70, Kebon Jeruk, Jakarta, IDN, 11530

Website

https://www.wirglobal.com

PT WIR ASIA Tbk is engaged in providing AR-based technology services by combining VR, AI, Internet of Things technology, and other supporting technologies such as blockchain and mechatronics as a means to generate ideas and products that enable interaction between the virtual world and the real world.

PT WIR ASIA Tbk (ISX:WIRG) Headlines

No Headlines