PT Abadi Nusantara Hijau Investama Tbk (ISX:PACK) Inventory Turnover : 7.83 (As of Dec. 2024)

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What is PT Abadi Nusantara Hijau 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 Abadi Nusantara Hijau Investama Tbk's Cost of Goods Sold for the six months ended in Dec. 2024 was Rp40,843 Mil. PT Abadi Nusantara Hijau Investama Tbk's Average Total Inventories for the quarter that ended in Dec. 2024 was Rp5,218 Mil. PT Abadi Nusantara Hijau Investama Tbk's Inventory Turnover for the quarter that ended in Dec. 2024 was 7.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Abadi Nusantara Hijau Investama Tbk's Days Inventory for the six months ended in Dec. 2024 was 23.31.

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 Abadi Nusantara Hijau Investama Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.10.

PT Abadi Nusantara Hijau Investama Tbk Inventory Turnover Historical Data

The historical data trend for PT Abadi Nusantara Hijau 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 Abadi Nusantara Hijau Investama Tbk Inventory Turnover Chart

PT Abadi Nusantara Hijau Investama Tbk Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

32.15

21.38

17.80

7.83

PT Abadi Nusantara Hijau Investama Tbk Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
Inventory Turnover	32.15	21.38	17.80	7.83

PT Abadi Nusantara Hijau Investama Tbk Inventory Turnover Calculation

PT Abadi Nusantara Hijau Investama 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 )
=	40843.331	/ (	(0	+	5217.791)	/	1 )
=	40843.331	/	5217.791
=	7.83

PT Abadi Nusantara Hijau Investama 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: Dec. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	40843.331	/ (	(0	+	5217.791)	/	1 )
=	40843.331	/	5217.791
=	7.83

PT Abadi Nusantara Hijau Investama Tbk (ISX:PACK) 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 Abadi Nusantara Hijau Investama Tbk's Days Inventory for the six 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
	=	5217.791	/	40843.331	*	365 / 2
	=	23.31

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 Abadi Nusantara Hijau Investama 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 )
	=	5217.791	/	54702.368
	=	0.10

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 Abadi Nusantara Hijau Investama Tbk Inventory Turnover Related Terms

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PT Abadi Nusantara Hijau Investama Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » PT Abadi Nusantara Hijau Investama Tbk (ISX:PACK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jababeka 2 Block C/11-D, Jababeka Industrial Estate, Cikarang Utara, West Java, Bekasi Regency, IDN, 17530

Website

https://www.flexypack.com

PT Abadi Nusantara Hijau Investama Tbk Formerly PT Solusi Kemasan Digital Tbk is engaged in the field of Retail trade of plastic packaging and Manufacturing of plastic goods for packaging. The company helps business owners of all sizes, from SMEs to large businesses, to maximize the selling power of their products quickly through effective packaging that provides protection, hygiene, low minimum orders, and affordable prices which are supported by novel designs. The company operates only in one business segment, namely plastic packaging trading.