PT Goto Gojek Tokopedia Tbk (FRA:CK8) Inventory Turnover : 72.19 (As of Mar. 2025)

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What is PT Goto Gojek Tokopedia Tbk Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. PT Goto Gojek Tokopedia Tbk's Cost of Goods Sold for the three months ended in Mar. 2025 was €102.2 Mil. PT Goto Gojek Tokopedia Tbk's Average Total Inventories for the quarter that ended in Mar. 2025 was €1.4 Mil. PT Goto Gojek Tokopedia Tbk's Inventory Turnover for the quarter that ended in Mar. 2025 was 72.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Goto Gojek Tokopedia Tbk's Days Inventory for the three months ended in Mar. 2025 was 1.26.

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 Goto Gojek Tokopedia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.01.

PT Goto Gojek Tokopedia Tbk Inventory Turnover Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk's Inventory Turnover 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 Goto Gojek Tokopedia Tbk Inventory Turnover Chart

PT Goto Gojek Tokopedia Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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40.12

101.86

102.92

70.59

150.84

PT Goto Gojek Tokopedia Tbk Quarterly Data
	Dec18	Dec19	Dec20	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial													25.20	38.00	79.80	70.61	72.19

PT Goto Gojek Tokopedia Tbk Inventory Turnover Calculation

PT Goto Gojek Tokopedia Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	441.499	/ (	(4.222	+	1.632)	/	2 )
=	441.499	/	2.927
=	150.84

PT Goto Gojek Tokopedia Tbk's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	102.182	/ (	(1.632	+	1.199)	/	2 )
=	102.182	/	1.4155
=	72.19

PT Goto Gojek Tokopedia Tbk (FRA:CK8) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

PT Goto Gojek Tokopedia Tbk's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	1.4155	/	102.182	*	365 / 4
	=	1.26

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 Goto Gojek Tokopedia Tbk's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	1.4155	/	237.622
	=	0.01

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

PT Goto Gojek Tokopedia Tbk Inventory Turnover Related Terms

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PT Goto Gojek Tokopedia Tbk Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

GTOFF:USA GOTO:Indonesia

Address

Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160

Website

https://www.gotocompany.com

GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business, and Sea and Lazada for e-commerce.

PT Goto Gojek Tokopedia Tbk Headlines

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