PT Midi Utama Indonesia Tbk (ISX:MIDI) Inventory Turnover : 1.53 (As of Dec. 2024)

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What is PT Midi Utama Indonesia 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 Midi Utama Indonesia Tbk's Cost of Goods Sold for the three months ended in Dec. 2024 was Rp3,876,173 Mil. PT Midi Utama Indonesia Tbk's Average Total Inventories for the quarter that ended in Dec. 2024 was Rp2,541,279 Mil. PT Midi Utama Indonesia Tbk's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Midi Utama Indonesia Tbk's Days Inventory for the three months ended in Dec. 2024 was 59.82.

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 Midi Utama Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.49.

PT Midi Utama Indonesia Tbk Inventory Turnover Historical Data

The historical data trend for PT Midi Utama Indonesia 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 Midi Utama Indonesia Tbk Inventory Turnover Chart

PT Midi Utama Indonesia Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.76

6.14

6.11

5.92

5.83

PT Midi Utama Indonesia Tbk Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.52	1.43	1.50	1.55	1.53

PT Midi Utama Indonesia Tbk Inventory Turnover Calculation

PT Midi Utama Indonesia Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	14655769	/ (	(2329942	+	2701369)	/	2 )
=	14655769	/	2515655.5
=	5.83

PT Midi Utama Indonesia Tbk's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	3876173	/ (	(2381189	+	2701369)	/	2 )
=	3876173	/	2541279
=	1.53

PT Midi Utama Indonesia Tbk (ISX:MIDI) 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 Midi Utama Indonesia Tbk's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	2541279	/	3876173	*	365 / 4
	=	59.82

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 Midi Utama Indonesia Tbk's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	2541279	/	5201683
	=	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 Midi Utama Indonesia Tbk Inventory Turnover Related Terms

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PT Midi Utama Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » PT Midi Utama Indonesia Tbk (ISX:MIDI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jl. Jalur Sutera Barat, Lantai 12, Kav. 7-9, Gedung Alfa Tower, Alam Sutera, Banten, Tangerang, IDN, 15143

Website

https://www.alfamidiku.com

PT Midi Utama Indonesia Tbk is engaged in retail trading for consumer products. It operates under the business segments of Food, Fresh Food, and Non-Food items through minimarkets networks under the Alfamidi and Alfaexpress names, convenience stores under the Lawson name, and supermarket network under the Alfamidi super name. Geographically, it operates through the regions of Jakarta, Tangerang, Bogor, Depok, Bekasi, Surabaya, Malang, Bali, Makassar and Medan.

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