PT MNC Asia Holding Tbk (ISX:BHIT) Inventory Turnover : 0.48 (As of Dec. 2023)

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What is PT MNC Asia Holding 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 MNC Asia Holding Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp2,107,208 Mil. PT MNC Asia Holding Tbk's Average Total Inventories for the quarter that ended in Dec. 2023 was Rp4,422,417 Mil. PT MNC Asia Holding Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT MNC Asia Holding Tbk's Days Inventory for the three months ended in Dec. 2023 was 191.51.

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 MNC Asia Holding Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.28.

PT MNC Asia Holding Tbk Inventory Turnover Historical Data

The historical data trend for PT MNC Asia Holding 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 MNC Asia Holding Tbk Inventory Turnover Chart

PT MNC Asia Holding Tbk Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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2.43

2.52

2.29

2.47

2.29

PT MNC Asia Holding Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.57	0.56	0.63	0.49	0.48

PT MNC Asia Holding Tbk Inventory Turnover Calculation

PT MNC Asia Holding Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	9275283	/ (	(3857046	+	4242359)	/	2 )
=	9275283	/	4049702.5
=	2.29

PT MNC Asia Holding Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2107208	/ (	(4461297	+	4383537)	/	2 )
=	2107208	/	4422417
=	0.48

PT MNC Asia Holding Tbk (ISX:BHIT) 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 MNC Asia Holding Tbk's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4422417	/	2107208	*	365 / 4
	=	191.51

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 MNC Asia Holding Tbk's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4422417	/	3451956
	=	1.28

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 MNC Asia Holding Tbk Inventory Turnover Related Terms

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PT MNC Asia Holding Tbk (ISX:BHIT) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT MNC Asia Holding Tbk (ISX:BHIT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jalan Kebon Sirih Timur No. 21-27, MNC Financial Center, 21st Floor, MNC Center, Jakarta Pusat, Jakarta, IDN, 10340

Website

https://www.mncgroup.com

PT MNC Asia Holding Tbk is an investment company that primarily operates in the diversified media industry. The company has three primary business segments: media, financial services, and entertainment, lifestyle property, and the hospitality industry. The company's media business operates and creates content for several television stations, generating revenue through advertising. The financial services business segment offers asset management, insurance, and leasing services. The entertainment, lifestyle property, and hospitality industry generates revenue through resort and residence projects. The company generates the vast majority of its revenue in Indonesia.

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