PTranacentral Bajatama Tbk (ISX:BAJA) Inventory Turnover : 0.63 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is PTranacentral Bajatama 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. PTranacentral Bajatama Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp195,255 Mil. PTranacentral Bajatama Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp309,046 Mil. PTranacentral Bajatama Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PTranacentral Bajatama Tbk's Days Inventory for the three months ended in Mar. 2024 was 144.43.

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. PTranacentral Bajatama Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.60.

PTranacentral Bajatama Tbk Inventory Turnover Historical Data

The historical data trend for PTranacentral Bajatama 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.

* Premium members only.

PTranacentral Bajatama Tbk Inventory Turnover Chart

PTranacentral Bajatama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.68

3.26

3.81

3.30

2.87

PTranacentral Bajatama 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															1.01	0.67	0.84	0.81	0.63

PTranacentral Bajatama Tbk Inventory Turnover Calculation

PTranacentral Bajatama 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 )
=	938510.679	/ (	(337649.507	+	316250.652)	/	2 )
=	938510.679	/	326950.0795
=	2.87

PTranacentral Bajatama 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 )
=	195254.968	/ (	(316250.652	+	301841.53)	/	2 )
=	195254.968	/	309046.091
=	0.63

PTranacentral Bajatama Tbk (ISX:BAJA) 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.

PTranacentral Bajatama 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
	=	309046.091	/	195254.968	*	365 / 4
	=	144.43

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.

PTranacentral Bajatama 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 )
	=	309046.091	/	192880.778
	=	1.60

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.

PTranacentral Bajatama Tbk Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PTranacentral Bajatama Tbk's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PTranacentral Bajatama Tbk (ISX:BAJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Saranacentral Bajatama Tbk (ISX:BAJA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Pangeran Jayakarta No. 55, Gedung BAJA, Tower B Lantai 6, Unit B 06-01, Jakarta Pusat, IDN, 10730

Website

https://www.saranacentral.com

PT Saranacentral Bajatama Tbk is an Indonesia-based company involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, "Saranalume" aluminum zinc-coated Steel, and "Sarancolor" painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.

PTranacentral Bajatama Tbk (ISX:BAJA) Headlines

No Headlines