GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Mayora Indah Tbk (ISX:MYOR) » Definitions » Inventory Turnover

PT Mayora Indah Tbk (ISX:MYOR) Inventory Turnover : 1.28 (As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is PT Mayora Indah 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 Mayora Indah Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp7,489,771 Mil. PT Mayora Indah Tbk's Average Total Inventories for the quarter that ended in Sep. 2024 was Rp5,839,862 Mil. PT Mayora Indah Tbk's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Mayora Indah Tbk's Days Inventory for the three months ended in Sep. 2024 was 71.15.

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 Mayora Indah Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.62.


PT Mayora Indah Tbk Inventory Turnover Historical Data

The historical data trend for PT Mayora Indah 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 Mayora Indah Tbk Inventory Turnover Chart

PT Mayora Indah Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 6.14 7.19 6.90 6.21

PT Mayora Indah 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 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 1.34 1.60 1.81 1.42 1.28

PT Mayora Indah Tbk Inventory Turnover Calculation

PT Mayora Indah 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 )
=23077230.427 / ((3870496.137 + 3556864.427) / 2 )
=23077230.427 / 3713680.282
=6.21

PT Mayora Indah 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 )
=7489771.134 / ((4638039.098 + 7041684.186) / 2 )
=7489771.134 / 5839861.642
=1.28

* 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 Mayora Indah Tbk  (ISX:MYOR) 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 Mayora Indah 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
=5839861.642/7489771.134*365 / 4
=71.15

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 Mayora Indah 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 )
=5839861.642 / 9416218.135
=0.62

* 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 Mayora Indah Tbk Inventory Turnover Related Terms

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


PT Mayora Indah Tbk Business Description

Traded in Other Exchanges
Address
Jl. Tomang Raya 21-23, Gedung Mayora lantai 8, Jakarta Barat, Jakarta, IDN, 11440
PT Mayora Indah Tbk makes biscuits, candy, wafers, chocolate, coffee, instant food, cereal, and beverages. Its major brands include Kopiko, Roma, Energen, Torabika, and Beng Beng. The Group has three reportable segments including packaged food processing, packaged beverages processing, and financial services. The Firm generates the majority of its revenue from packaged food processing. The company's business operations are divided into four geographical areas. Food processing, coffee powder processing, instant coffee production, and coffee bean processing are all located in Jabodetabek. Rental services are offered in Surabaya and Medan. Financial services are provided in the Netherlands, while coffee powder processing and instant coffee production are carried out in the Philippines.

PT Mayora Indah Tbk Headlines

No Headlines