PT Aspirasi Hidup Indonesia Tbk (ISX:ACES) Inventory Turnover : 0.36 (As of Sep. 2024)

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What is PT Aspirasi Hidup Indonesia 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 Aspirasi Hidup Indonesia Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp1,080,962 Mil. PT Aspirasi Hidup Indonesia Tbk's Average Total Inventories for the quarter that ended in Sep. 2024 was Rp2,967,388 Mil. PT Aspirasi Hidup Indonesia Tbk's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Aspirasi Hidup Indonesia Tbk's Days Inventory for the three months ended in Sep. 2024 was 250.49.

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 Aspirasi Hidup Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.42.

PT Aspirasi Hidup Indonesia Tbk Inventory Turnover Historical Data

The historical data trend for PT Aspirasi Hidup Indonesia 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 Aspirasi Hidup Indonesia Tbk Inventory Turnover Chart

PT Aspirasi Hidup Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.65

1.47

1.38

1.35

1.43

PT Aspirasi Hidup Indonesia Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.36	0.40	0.36	0.38	0.36

PT Aspirasi Hidup Indonesia Tbk Inventory Turnover Calculation

PT Aspirasi Hidup Indonesia 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 )
=	3913777.307	/ (	(2810769.399	+	2664947.948)	/	2 )
=	3913777.307	/	2737858.6735
=	1.43

PT Aspirasi Hidup Indonesia Tbk's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	1080961.932	/ (	(2748967.486	+	3185808.07)	/	2 )
=	1080961.932	/	2967387.778
=	0.36

PT Aspirasi Hidup Indonesia Tbk (ISX:ACES) 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 Aspirasi Hidup Indonesia Tbk's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2967387.778	/	1080961.932	*	365 / 4
	=	250.49

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 Aspirasi Hidup Indonesia Tbk's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2967387.778	/	2093280.921
	=	1.42

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 Aspirasi Hidup Indonesia Tbk Inventory Turnover Related Terms

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PT Aspirasi Hidup Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Aspirasi Hidup Indonesia Tbk (ISX:ACES) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

4AH1:Germany

Address

Jalan Puri Kencana No. 1, Gedung Kawan Lama, Kembangan Selatan, Jakarta, IDN, 11610

Website

https://www.acehardware.co.id

PT Aspirasi Hidup Indonesia Tbk formerly PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

PT Aspirasi Hidup Indonesia Tbk Headlines

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