PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Days Inventory : 131.23 (As of Dec. 2023)

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What is PT Krakatau Steel (Persero) Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Krakatau Steel (Persero) Tbk's Average Total Inventories for the three months ended in Dec. 2023 was $265 Mil. PT Krakatau Steel (Persero) Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $184 Mil. Hence, PT Krakatau Steel (Persero) Tbk's Days Inventory for the three months ended in Dec. 2023 was 131.23.

The historical rank and industry rank for PT Krakatau Steel (Persero) Tbk's Days Inventory or its related term are showing as below:

PKRKY' s Days Inventory Range Over the Past 10 Years
Min: 54.6 Med: 101.17 Max: 140.54
Current: 74.08

During the past 13 years, PT Krakatau Steel (Persero) Tbk's highest Days Inventory was 140.54. The lowest was 54.60. And the median was 101.17.

PKRKY's Days Inventory is ranked better than
60.63% of 569 companies
in the Steel industry
Industry Median: 88.3 vs PKRKY: 74.08

PT Krakatau Steel (Persero) Tbk's Days Inventory increased from Dec. 2022 (78.02) to Dec. 2023 (131.23). It might indicate that PT Krakatau Steel (Persero) Tbk's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Krakatau Steel (Persero) Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 0.70.

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 Krakatau Steel (Persero) Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.39.

PT Krakatau Steel (Persero) Tbk Days Inventory Historical Data

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Days Inventory Chart

PT Krakatau Steel (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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100.72

71.54

55.54

57.65

72.22

PT Krakatau Steel (Persero) Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															78.02	37.58	91.40	103.48	131.23

Competitive Comparison of PT Krakatau Steel (Persero) Tbk's Days Inventory

For the Steel subindustry, PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, PT Krakatau Steel (Persero) Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Krakatau Steel (Persero) Tbk's Days Inventory falls into.

PT Krakatau Steel (Persero) Tbk Days Inventory Calculation

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

PT Krakatau Steel (Persero) 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
=	( (276.576	+	254.145)	/	2 )	/	1341.061	*	365
=	265.3605					/	1341.061	*	365
=	72.22

PT Krakatau Steel (Persero) 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
=	( (276.325	+	254.145)	/	2 )	/	184.434	*	365 / 4
=	265.235					/	184.434	*	365 / 4
=	131.23

PT Krakatau Steel (Persero) Tbk (OTCPK:PKRKY) 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 Krakatau Steel (Persero) Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	184.434	/	265.235
	=	0.70

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 Krakatau Steel (Persero) Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	265.235	/	190.549
	=	1.39

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 Krakatau Steel (Persero) Tbk Days Inventory Related Terms

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

PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Krakatau Steel (Persero) Tbk (OTCPK:PKRKY) » Definitions » Days Inventory

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Traded in Other Exchanges

KRAS:Indonesia

Address

Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435

Website

https://www.krakatausteel.com

PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

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