PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) Inventory Turnover: 1.94 (As of Mar. 2022)


ISX:MAGP PT Multi Agro Gemilang Plantation Tbk ISX:MAGP
4 GF Score
Price Rp50.00
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What is PT Multi Agro Gemilang Plantation Tbk Inventory Turnover?

PT Multi Agro Gemilang Plantation Tbk ISX:MAGP 4 Inventory Turnover is 1.94 as of Mar. 2022. GuruFocus rates ISX:MAGP with a GF Score™ of 4/100.

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 Multi Agro Gemilang Plantation Tbk's Cost of Goods Sold for the three months ended in Mar. 2022 was Rp35,701 Mil. PT Multi Agro Gemilang Plantation Tbk's Average Total Inventories for the quarter that ended in Mar. 2022 was Rp18,372 Mil. PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Multi Agro Gemilang Plantation Tbk's Days Inventory for the three months ended in Mar. 2022 was 46.96.

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 Multi Agro Gemilang Plantation Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.57.

PT Multi Agro Gemilang Plantation Tbk  (ISX:MAGP) 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 Multi Agro Gemilang Plantation Tbk's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=18371.9/35701.382*365 / 4
=46.96

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 Multi Agro Gemilang Plantation Tbk's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=18371.9 / 32269.704
=0.57

* 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.

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 Multi Agro Gemilang Plantation Tbk Inventory Turnover Related Terms

PT Multi Agro Gemilang Plantation Tbk Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PT Multi Agro Gemilang Plantation 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.

PT Multi Agro Gemilang Plantation Tbk Inventory Turnover Chart

PT Multi Agro Gemilang Plantation Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 7.17 29.12 17.06 13.36 11.01

PT Multi Agro Gemilang Plantation Tbk Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 2.31 4.59 3.58 1.94
ISX:MAGP
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PT Multi Agro Gemilang Plantation Tbk ISX:MAGP
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PT Multi Agro Gemilang Plantation Tbk Inventory Turnover Calculation

PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=192631.92 / ((17714.248 + 17290.146) / 2 )
=192631.92 / 17502.197
=11.01

PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=35701.382 / ((15708.021 + 21035.779) / 2 )
=35701.382 / 18371.9
=1.94

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.94 mean?
PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) has a Inventory Turnover of 1.94 as of Mar. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PT Multi Agro Gemilang Plantation Tbk and its competitors.
Is PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover too high?
PT Multi Agro Gemilang Plantation Tbk's current Inventory Turnover is 1.94. Overall, PT Multi Agro Gemilang Plantation Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover compare to ADM and TSN?
PT Multi Agro Gemilang Plantation Tbk's Inventory Turnover of 1.94 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PT Multi Agro Gemilang Plantation Tbk and its competitors. PT Multi Agro Gemilang Plantation Tbk's current Inventory Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Agro Gemilang Plantation Tbk stock overvalued right now?
PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) has a current Inventory Turnover of 1.94. The current Inventory Turnover is 1.94. PT Multi Agro Gemilang Plantation Tbk's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP), the current Inventory Turnover is 1.94 as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Multi Agro Gemilang Plantation Tbk Business Description

Address Jalan Jenderal Sudirman Kav 1 Gelora Tanah Abang, Panin Bank Tower, 2nd Floor, Central Jakarta, Jakarta, IDN, 1027
PT Multi Agro Gemilang Plantation Tbk is mainly engaged in oil palm plantation.
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