PITPF (PT Indocement Tunggal Prakarsa Tbk) Days Inventory : 75.00 (As of Sep. 2024)

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What is PT Indocement Tunggal Prakarsa Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Indocement Tunggal Prakarsa Tbk's Average Total Inventories for the three months ended in Sep. 2024 was $182 Mil. PT Indocement Tunggal Prakarsa Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was $221 Mil. Hence, PT Indocement Tunggal Prakarsa Tbk's Days Inventory for the three months ended in Sep. 2024 was 75.00.

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

PITPF' s Days Inventory Range Over the Past 10 Years
Min: 52.61 Med: 68.61 Max: 86.48
Current: 83.86

During the past 13 years, PT Indocement Tunggal Prakarsa Tbk's highest Days Inventory was 86.48. The lowest was 52.61. And the median was 68.61.

PITPF's Days Inventory is ranked better than
52.79% of 377 companies
in the Building Materials industry
Industry Median: 88.27 vs PITPF: 83.86

PT Indocement Tunggal Prakarsa Tbk's Days Inventory declined from Sep. 2023 (83.93) to Sep. 2024 (75.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Indocement Tunggal Prakarsa Tbk's Inventory Turnover for the three months ended in Sep. 2024 was 1.22.

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 Indocement Tunggal Prakarsa Tbk's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.54.

PT Indocement Tunggal Prakarsa Tbk Days Inventory Historical Data

The historical data trend for PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk Days Inventory Chart

PT Indocement Tunggal Prakarsa Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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63.97

75.38

77.81

86.97

85.63

PT Indocement Tunggal Prakarsa Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															83.93	80.44	92.49	91.41	75.00

Competitive Comparison of PT Indocement Tunggal Prakarsa Tbk's Days Inventory

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Days Inventory distribution charts can be found below:

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

PT Indocement Tunggal Prakarsa Tbk Days Inventory Calculation

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

PT Indocement Tunggal Prakarsa 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
=	( (179.944	+	188.421)	/	2 )	/	785.096	*	365
=	184.1825					/	785.096	*	365
=	85.63

PT Indocement Tunggal Prakarsa Tbk's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (186.781	+	176.988)	/	2 )	/	221.285	*	365 / 4
=	181.8845					/	221.285	*	365 / 4
=	75.00

PT Indocement Tunggal Prakarsa Tbk (OTCPK:PITPF) 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 Indocement Tunggal Prakarsa Tbk's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	221.285	/	181.8845
	=	1.22

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 Indocement Tunggal Prakarsa Tbk's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	181.8845	/	337.048
	=	0.54

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 Indocement Tunggal Prakarsa Tbk Days Inventory Related Terms

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

PT Indocement Tunggal Prakarsa Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Indocement Tunggal Prakarsa Tbk (OTCPK:PITPF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PITPY:USA INTP:Indonesia ITP:Germany

Address

Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910

Website

https://www.indocement.co.id

PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.

PT Indocement Tunggal Prakarsa Tbk Headlines

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