PT Asia Pacific Investama Tbk (ISX:MYTX) Inventory Turnover : 0.77 (As of Sep. 2024)

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What is PT Asia Pacific Investama 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 Asia Pacific Investama Tbk's Cost of Goods Sold for the three months ended in Sep. 2024 was Rp364,449 Mil. PT Asia Pacific Investama Tbk's Average Total Inventories for the quarter that ended in Sep. 2024 was Rp473,563 Mil. PT Asia Pacific Investama Tbk's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Asia Pacific Investama Tbk's Days Inventory for the three months ended in Sep. 2024 was 118.57.

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 Asia Pacific Investama Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.56.

PT Asia Pacific Investama Tbk Inventory Turnover Historical Data

The historical data trend for PT Asia Pacific Investama 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 Asia Pacific Investama Tbk Inventory Turnover Chart

PT Asia Pacific Investama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.11

2.66

3.18

2.86

2.27

PT Asia Pacific Investama 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															0.57	0.68	0.67	0.72	0.77

PT Asia Pacific Investama Tbk Inventory Turnover Calculation

PT Asia Pacific Investama 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 )
=	1294544	/ (	(607205	+	534703)	/	2 )
=	1294544	/	570954
=	2.27

PT Asia Pacific Investama 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 )
=	364449	/ (	(513899	+	433226)	/	2 )
=	364449	/	473562.5
=	0.77

PT Asia Pacific Investama Tbk (ISX:MYTX) 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 Asia Pacific Investama 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
	=	473562.5	/	364449	*	365 / 4
	=	118.57

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 Asia Pacific Investama 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 )
	=	473562.5	/	303778
	=	1.56

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 Asia Pacific Investama Tbk Inventory Turnover Related Terms

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PT Asia Pacific Investama Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Asia Pacific Investama Tbk (ISX:MYTX) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Jalan Pajajaran 14 No. 62, Gandasari, Jatiuwung, Tangerang, IDN, 15137

Website

https://www.apinvestama.co.id

PT Asia Pacific Investama Tbk is an Indonesia-based holding company engaged in the garments and textile industry and also in yarn manufacturing. The textile products of the company consist of yarn, greige fabrics, denim fabrics, knitted fabrics, and apparel. Its operating segment includes garment; spinning; weaving; laundry and knitting. The company generates maximum revenue from the spinning segment. Geographically, the company derives a majority of its revenue from Indonesia and also has a presence in Asia; Europe; America, and Africa.

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