PT Polaris Investama Tbk (ISX:PLAS) Inventory Turnover: 0.10 (As of Jun. 2020)


ISX:PLAS PT Polaris Investama Tbk ISX:PLAS
4 GF Score
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What is PT Polaris Investama Tbk Inventory Turnover?

PT Polaris Investama Tbk ISX:PLAS 4 Inventory Turnover is 0.10 as of Jun. 2020. GuruFocus rates ISX:PLAS with a GF Score™ of 4/100.

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 Polaris Investama Tbk's Cost of Goods Sold for the three months ended in Jun. 2020 was Rp534 Mil. PT Polaris Investama Tbk's Average Total Inventories for the quarter that ended in Jun. 2020 was Rp5,522 Mil. PT Polaris Investama Tbk's Inventory Turnover for the quarter that ended in Jun. 2020 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Polaris Investama Tbk's Days Inventory for the three months ended in Jun. 2020 was 942.91.

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 Polaris Investama Tbk's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 9.59.

PT Polaris Investama Tbk  (ISX:PLAS) 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 Polaris Investama Tbk's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=5521.5005/534.341*365 / 4
=942.91

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 Polaris Investama Tbk's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=5521.5005 / 575.555
=9.59

* 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 Polaris Investama Tbk Inventory Turnover Related Terms

PT Polaris Investama Tbk Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PT Polaris 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.

PT Polaris Investama Tbk Inventory Turnover Chart

PT Polaris Investama Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial 0.89 1.38 1.10 0.86 0.44

PT Polaris Investama Tbk Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.12 0.13 0.10 0.10 0.10
ISX:PLAS
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PT Polaris Investama Tbk ISX:PLAS
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PT Polaris Investama Tbk Inventory Turnover Calculation

PT Polaris Investama Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=2916.459 / ((7423.166 + 5842.946) / 2 )
=2916.459 / 6633.056
=0.44

PT Polaris Investama Tbk's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover (Q: Jun. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2020 ) / ((Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count )
=534.341 / ((5585.12 + 5457.881) / 2 )
=534.341 / 5521.5005
=0.10

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.10 mean?
PT Polaris Investama Tbk (ISX:PLAS) has a Inventory Turnover of 0.10 as of Jun. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PT Polaris Investama Tbk and its competitors.
Is PT Polaris Investama Tbk's Inventory Turnover too high?
PT Polaris Investama Tbk's current Inventory Turnover is 0.10. Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's Inventory Turnover compare to competitors?
PT Polaris Investama Tbk's Inventory Turnover of 0.10 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Capital Markets company?
A good Inventory Turnover depends on the Capital Markets industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PT Polaris Investama Tbk and its competitors. PT Polaris Investama Tbk's current Inventory Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current Inventory Turnover of 0.10. The current Inventory Turnover is 0.10. PT Polaris Investama Tbk's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For PT Polaris Investama Tbk (ISX:PLAS), the current Inventory Turnover is 0.10 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Polaris Investama Tbk Business Description

Address Mayapada Tower Lt. 11, Jl. Jend. Sudirman Kav. 28, Jakarta, IDN, 12920
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
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