PT Garda Tujuh Buana Tbk (ISX:GTBO) Inventory Turnover : 4.52 (As of Mar. 2024)

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What is PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp87,609 Mil. PT Garda Tujuh Buana Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp19,401 Mil. PT Garda Tujuh Buana Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Garda Tujuh Buana Tbk's Days Inventory for the three months ended in Mar. 2024 was 20.21.

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 Garda Tujuh Buana Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

PT Garda Tujuh Buana Tbk Inventory Turnover Historical Data

The historical data trend for PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk Inventory Turnover Chart

PT Garda Tujuh Buana Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.19

1.17

5.94

14.48

16.59

PT Garda Tujuh Buana 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															5.15	8.21	3.73	2.68	4.52

PT Garda Tujuh Buana Tbk Inventory Turnover Calculation

PT Garda Tujuh Buana 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 )
=	514955.825	/ (	(40491.626	+	21597.806)	/	2 )
=	514955.825	/	31044.716
=	16.59

PT Garda Tujuh Buana 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 )
=	87609.088	/ (	(21597.806	+	17204.248)	/	2 )
=	87609.088	/	19401.027
=	4.52

PT Garda Tujuh Buana Tbk (ISX:GTBO) 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 Garda Tujuh Buana 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
	=	19401.027	/	87609.088	*	365 / 4
	=	20.21

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 Garda Tujuh Buana 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 )
	=	19401.027	/	179457.573
	=	0.11

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 Garda Tujuh Buana Tbk Inventory Turnover Related Terms

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PT Garda Tujuh Buana Tbk (ISX:GTBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Garda Tujuh Buana Tbk (ISX:GTBO) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Jl. MT Haryono Kav. 33, Gedung Menara Hijau Lantai 5, Suite 501A, Pancoran, Jakarta, IDN, 12770

Website

http://www.gtb.co.id

PT Garda Tujuh Buana TBK is an Indonesia-based company which is engaged in the business of coal mining processing and logistics operations. It is involved in mining and selling low calorific value coal. The mining site is located in the north middle part of Bunyu Island that is unpopulated. The coal-fired power plant operators are its main customers. The company derives revenue from the sales of coal in Indonesia and other countries, of which key revenue is generated by exporting the coal.

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