PT Kirana Megatara Tbk (ISX:KMTR) Inventory Turnover : 1.89 (As of Mar. 2024)

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What is PT Kirana Megatara 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 Kirana Megatara Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp2,620,005 Mil. PT Kirana Megatara Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp1,387,260 Mil. PT Kirana Megatara Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Kirana Megatara Tbk's Days Inventory for the three months ended in Mar. 2024 was 48.32.

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 Kirana Megatara Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

PT Kirana Megatara Tbk Inventory Turnover Historical Data

The historical data trend for PT Kirana Megatara 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 Kirana Megatara Tbk Inventory Turnover Chart

PT Kirana Megatara Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.44

5.97

5.67

5.37

5.81

PT Kirana Megatara 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															1.52	1.65	1.74	1.84	1.89

PT Kirana Megatara Tbk Inventory Turnover Calculation

PT Kirana Megatara 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 )
=	8636910.499	/ (	(1674389.066	+	1299785.767)	/	2 )
=	8636910.499	/	1487087.4165
=	5.81

PT Kirana Megatara 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 )
=	2620004.656	/ (	(1299785.767	+	1474734.473)	/	2 )
=	2620004.656	/	1387260.12
=	1.89

PT Kirana Megatara Tbk (ISX:KMTR) 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 Kirana Megatara 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
	=	1387260.12	/	2620004.656	*	365 / 4
	=	48.32

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 Kirana Megatara 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 )
	=	1387260.12	/	2709387.374
	=	0.51

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 Kirana Megatara Tbk Inventory Turnover Related Terms

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PT Kirana Megatara Tbk (ISX:KMTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Kirana Megatara Tbk (ISX:KMTR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dr. Ide Anak Agung Gde Agung, (Lingkar Mega Kuningan) Kav E.3.2 No. 1, Menara The East 21st Floor, Jakarta, Selatan, IDN, 12950

Website

https://www.kiranamegatara.com

PT Kirana Megatara Tbk is a producer of crumb rubber in Indonesia. It is engaged in the production and sales of crumb rubber of the type SIR-10, SIR-20, and SIR-20VK, to fulfill the demand of international and domestic tire industries. The company exports its products to Apollo, Bridgestone, Continental, Cooper Tires, Fate, Good Year, Gajah Tunggal, Hankook, Kumho Tyres, Michelin, Nexen, Pirelli, Sumitomo, Toyo Tires, and Yokohama Rubber. The company has operating segments into two groups: crumb rubber factory and agro business.

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