PT FKS Multi Agro Tbk (ISX:FISH) Inventory Turnover : 1.65 (As of Sep. 2024)

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What is PT FKS Multi Agro 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 FKS Multi Agro Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp4,480,443 Mil. PT FKS Multi Agro Tbk's Average Total Inventories for the quarter that ended in Sep. 2024 was Rp2,714,209 Mil. PT FKS Multi Agro Tbk's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT FKS Multi Agro Tbk's Days Inventory for the three months ended in Sep. 2024 was 55.28.

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 FKS Multi Agro Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.59.

PT FKS Multi Agro Tbk Inventory Turnover Historical Data

The historical data trend for PT FKS Multi Agro 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 FKS Multi Agro Tbk Inventory Turnover Chart

PT FKS Multi Agro Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.34

6.30

7.59

8.21

7.58

PT FKS Multi Agro 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															1.79	1.87	2.53	1.83	1.65

PT FKS Multi Agro Tbk Inventory Turnover Calculation

PT FKS Multi Agro 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 )
=	20503039.263	/ (	(2998032.05	+	2415300.681)	/	2 )
=	20503039.263	/	2706666.3655
=	7.58

PT FKS Multi Agro 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 )
=	4480442.5	/ (	(2830746.273	+	2597671.877)	/	2 )
=	4480442.5	/	2714209.075
=	1.65

PT FKS Multi Agro Tbk (ISX:FISH) 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 FKS Multi Agro 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
	=	2714209.075	/	4480442.5	*	365 / 4
	=	55.28

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 FKS Multi Agro 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 )
	=	2714209.075	/	4634155.365
	=	0.59

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 FKS Multi Agro Tbk Inventory Turnover Related Terms

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PT FKS Multi Agro Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT FKS Multi Agro Tbk (ISX:FISH) » Definitions » Inventory Turnover

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Address

Jl. Jend. Sudirman Kav. 5-6, Menara Astra, 28th Floor, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.fksmultiagro.com

PT FKS Multi Agro Tbk is an Indonesia-based company engaged in the distribution and trading of grains, oilseeds, and feed ingredients. It supplies oilseed meals, animal protein meals, and co-products of grain milling for the animal feed industry. The company deals with food products such as rice, soybean and cooking oil. In addition, the company also provides a logistic solution for the importation and distribution of dry bulk commodities. The group's business activities are classified into three business segments consisting of Trading and distribution, Manufacturing and logistics, of which the majority of the revenue is derived from the Trading and distribution segment. The organization generates key revenue from Indonesia.

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