PT Mahkota Group Tbk (ISX:MGRO) Inventory Turnover : 3.81 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is PT Mahkota Group 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 Mahkota Group Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp1,137,918 Mil. PT Mahkota Group Tbk's Average Total Inventories for the quarter that ended in Sep. 2024 was Rp298,629 Mil. PT Mahkota Group Tbk's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Mahkota Group Tbk's Days Inventory for the three months ended in Sep. 2024 was 23.95.

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 Mahkota Group Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.24.

PT Mahkota Group Tbk Inventory Turnover Historical Data

The historical data trend for PT Mahkota Group 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.

* Premium members only.

PT Mahkota Group Tbk Inventory Turnover Chart

PT Mahkota Group Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

35.10

50.20

24.05

12.07

10.08

PT Mahkota Group 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															2.18	2.49	3.05	2.73	3.81

PT Mahkota Group Tbk Inventory Turnover Calculation

PT Mahkota Group 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 )
=	5168126.796	/ (	(693644.235	+	331746.234)	/	2 )
=	5168126.796	/	512695.2345
=	10.08

PT Mahkota Group 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 )
=	1137917.828	/ (	(372136.579	+	225122.286)	/	2 )
=	1137917.828	/	298629.4325
=	3.81

PT Mahkota Group Tbk (ISX:MGRO) 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 Mahkota Group 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
	=	298629.4325	/	1137917.828	*	365 / 4
	=	23.95

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 Mahkota Group 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 )
	=	298629.4325	/	1237062.74
	=	0.24

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 Mahkota Group Tbk Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PT Mahkota Group Tbk's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Mahkota Group Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Mahkota Group Tbk (ISX:MGRO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perintis Kemerdekaan No.3-A, Kompleks Grand Jati Junction, 27th Floor, North Sumatera, Medan, IDN, 20231

Website

https://www.mahkotagroup.com

PT Mahkota Group Tbk along with its subsidiaries owns palm oil processing factories located in North Sumatra and Riau. It operates two business segments Palm Oil Segment which consists sale of Crude Palm Oil (CPO), Palm Kernel (PK), Refined Bleached Deodorized Palm Oil (RBDPO), Palm Fatty Acid Distillate (PFAD), Palm Kernel Oil (PKO), Palm Kernel Expeller (PKE), Olei, Stearin, Logistics Segment which consists of storage tanks leasing and Palm Oil Plantation Segment. It generates maximum revenue from the Crude palm oil segment.