PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Inventory Turnover : 1.50 (As of Mar. 2024)

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What is PT Adaro Minerals 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 Adaro Minerals Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,810,978 Mil. PT Adaro Minerals Indonesia Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp1,208,090 Mil. PT Adaro Minerals Indonesia Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Adaro Minerals Indonesia Tbk's Days Inventory for the three months ended in Mar. 2024 was 60.87.

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 Adaro Minerals Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

PT Adaro Minerals Indonesia Tbk Inventory Turnover Historical Data

The historical data trend for PT Adaro Minerals 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 Adaro Minerals Indonesia Tbk Inventory Turnover Chart

PT Adaro Minerals Indonesia Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.68

3.29

5.80

8.96

8.23

PT Adaro Minerals Indonesia Tbk Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial											1.53	1.22	1.39	1.97	1.50

PT Adaro Minerals Indonesia Tbk Inventory Turnover Calculation

PT Adaro Minerals 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 )
=	7750390.41	/ (	(838164.065	+	1044387.268)	/	2 )
=	7750390.41	/	941275.6665
=	8.23

PT Adaro Minerals Indonesia 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 )
=	1810978.346	/ (	(1044387.268	+	1371792.125)	/	2 )
=	1810978.346	/	1208089.6965
=	1.50

PT Adaro Minerals Indonesia Tbk (ISX:ADMR) 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 Adaro Minerals Indonesia 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
	=	1208089.6965	/	1810978.346	*	365 / 4
	=	60.87

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 Adaro Minerals Indonesia 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 )
	=	1208089.6965	/	4232245.016
	=	0.29

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 Adaro Minerals Indonesia Tbk Inventory Turnover Related Terms

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PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Adaro Minerals Indonesia Tbk (ISX:ADMR) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Cyber 2 Tower Lt.34 Jl. Rasuna Said, Blok X-5 No.13 Kel Kuningan Timur, Kec Setiabudi, Prov DKI, Kota Adm Jakarta Selatan, Jakarta, IDN

Website

https://www.adarominerals.id

PT Adaro Minerals Indonesia Tbk is engaged in metallurgical coal mining, and minerals mining and processing businesses. The company's business operations comprise coal mining and other services.

PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Headlines

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