PT Bakrie & Brothers Tbk (FRA:LFU2) Inventory Turnover : 0.67 (As of Mar. 2024)

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What is PT Bakrie & Brothers 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 Bakrie & Brothers Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was €38.6 Mil. PT Bakrie & Brothers Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was €57.4 Mil. PT Bakrie & Brothers Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Bakrie & Brothers Tbk's Days Inventory for the three months ended in Mar. 2024 was 135.74.

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 Bakrie & Brothers Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.13.

PT Bakrie & Brothers Tbk Inventory Turnover Historical Data

The historical data trend for PT Bakrie & Brothers 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 Bakrie & Brothers Tbk Inventory Turnover Chart

PT Bakrie & Brothers Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.46

3.41

3.52

4.80

3.66

PT Bakrie & Brothers Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.00	1.03	0.90	0.40	0.67

PT Bakrie & Brothers Tbk Inventory Turnover Calculation

PT Bakrie & Brothers Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	171.082	/ (	(33.209	+	60.316)	/	2 )
=	171.082	/	46.7625
=	3.66

PT Bakrie & Brothers Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	38.605	/ (	(60.316	+	54.539)	/	2 )
=	38.605	/	57.4275
=	0.67

PT Bakrie & Brothers Tbk (FRA:LFU2) 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 Bakrie & Brothers Tbk's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	57.4275	/	38.605	*	365 / 4
	=	135.74

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 Bakrie & Brothers Tbk's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	57.4275	/	50.819
	=	1.13

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 Bakrie & Brothers Tbk Inventory Turnover Related Terms

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PT Bakrie & Brothers Tbk (FRA:LFU2) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Bakrie & Brothers Tbk (FRA:LFU2) » Definitions » Inventory Turnover

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BNBR:Indonesia

Address

Jalan HR Rasuna Said, Bakrie Tower, 35th, 36th, 37th Floor, Rasuna Epicentrum Complex, Jakarta, IDN, 12940

Website

https://www.bakrie-brothers.com

PT Bakrie & Brothers Tbk is an investment holding company. Its activities comprise general trading, construction, agriculture, mining, steel pipe manufacturing, building materials and other construction products, telecommunication systems, electronic and electrical goods, and investment including equity investment in other companies. The company's operating segment includes Infrastructure and Manufacturing, Fabrication and Construction services, Services, Trading, and Investment. It generates maximum revenue from the Infrastructure and Manufacturing segment.

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