PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Inventory Turnover : 1.42 (As of Dec. 2023)

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What is PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp8,422,512 Mil. PT Indah Kiat Pulp & Paper Tbk's Average Total Inventories for the quarter that ended in Dec. 2023 was Rp5,934,666 Mil. PT Indah Kiat Pulp & Paper Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Indah Kiat Pulp & Paper Tbk's Days Inventory for the three months ended in Dec. 2023 was 64.30.

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 Indah Kiat Pulp & Paper Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

PT Indah Kiat Pulp & Paper Tbk Inventory Turnover Historical Data

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Inventory Turnover Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.99

5.54

5.70

5.44

5.42

PT Indah Kiat Pulp & Paper 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															1.32	1.43	1.46	1.42	1.42

PT Indah Kiat Pulp & Paper Tbk Inventory Turnover Calculation

PT Indah Kiat Pulp & Paper 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 )
=	36180934.425	/ (	(7653735.25	+	5698151.777)	/	2 )
=	36180934.425	/	6675943.5135
=	5.42

PT Indah Kiat Pulp & Paper 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 )
=	8422512.283	/ (	(6171180.333	+	5698151.777)	/	2 )
=	8422512.283	/	5934666.055
=	1.42

PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) 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 Indah Kiat Pulp & Paper 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
	=	5934666.055	/	8422512.283	*	365 / 4
	=	64.30

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 Indah Kiat Pulp & Paper 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 )
	=	5934666.055	/	12208803.457
	=	0.49

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 Indah Kiat Pulp & Paper Tbk Inventory Turnover Related Terms

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PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PIKQF:USA IKP:Germany

Address

Jalan M.H. Thamrin No. 51, Gedung Sinar Mas Land Plaza, Tower 2, 9th Floor, Gondangdia, Mentang, Jakarta Pusat, Jakarta, IDN, 10350

Website

https://www.asiapulppaper.com

PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp and packaging paper. The company's operating segment includes cultural paper and pulp and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, it derives a majority of revenue from Asia and also has a presence in Europe; America; Middle East; Africa, and Australia. It generates maximum revenue from the cultural paper and pulp segment.

PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Headlines

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