PT Pelat Timah Nusantara Tbk (ISX:NIKL) Inventory Turnover : 1.16 (As of Dec. 2024)

View and export this data going back to 2009. Start your Free Trial

What is PT Pelat Timah Nusantara 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 Pelat Timah Nusantara Tbk's Cost of Goods Sold for the three months ended in Dec. 2024 was Rp585,660 Mil. PT Pelat Timah Nusantara Tbk's Average Total Inventories for the quarter that ended in Dec. 2024 was Rp504,176 Mil. PT Pelat Timah Nusantara Tbk's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Pelat Timah Nusantara Tbk's Days Inventory for the three months ended in Dec. 2024 was 78.55.

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 Pelat Timah Nusantara Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.78.

PT Pelat Timah Nusantara Tbk Inventory Turnover Historical Data

The historical data trend for PT Pelat Timah Nusantara 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 Pelat Timah Nusantara Tbk Inventory Turnover Chart

PT Pelat Timah Nusantara Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

4.74

5.27

5.24

4.77

5.66

PT Pelat Timah Nusantara 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															1.39	1.70	1.57	1.34	1.16

PT Pelat Timah Nusantara Tbk Inventory Turnover Calculation

PT Pelat Timah Nusantara 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 )
=	2346585.333	/ (	(351404.439	+	478380.511)	/	2 )
=	2346585.333	/	414892.475
=	5.66

PT Pelat Timah Nusantara 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 )
=	585660.131	/ (	(529971.949	+	478380.511)	/	2 )
=	585660.131	/	504176.23
=	1.16

PT Pelat Timah Nusantara Tbk (ISX:NIKL) 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 Pelat Timah Nusantara 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
	=	504176.23	/	585660.131	*	365 / 4
	=	78.55

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 Pelat Timah Nusantara 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 )
	=	504176.23	/	648055.497
	=	0.78

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 Pelat Timah Nusantara Tbk Inventory Turnover Related Terms

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

PT Pelat Timah Nusantara Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PT Pelat Timah Nusantara Tbk (ISX:NIKL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gedung Krakatau Steel Lantai, 3rd Floor, Jl. Jend. Gatot Subroto Kav. 54, Jakarta, IDN, 12950

Website

https://www.latinusa.co.id

PT Pelat Timah Nusantara Tbk is an Indonesia-based manufacturer and distributor of tinplates and related products. The company offers tinplate products in the following forms: coil, sheet, and scroll. Its operating segment includes the Coil segment and Sheet segment, and generates a majority of its revenue from the Coil segment. The company also offers products in different specifications, tin-plated thicknesses, and sizes.