PT Pioneerindo Gourmet International Tbk (ISX:PTSP) Inventory Turnover : 1.53 (As of Dec. 2024)

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What is PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk's Cost of Goods Sold for the three months ended in Dec. 2024 was Rp69,283 Mil. PT Pioneerindo Gourmet International Tbk's Average Total Inventories for the quarter that ended in Dec. 2024 was Rp45,346 Mil. PT Pioneerindo Gourmet International Tbk's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Pioneerindo Gourmet International Tbk's Days Inventory for the three months ended in Dec. 2024 was 59.72.

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 Pioneerindo Gourmet International Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.26.

PT Pioneerindo Gourmet International Tbk Inventory Turnover Historical Data

The historical data trend for PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk Inventory Turnover Chart

PT Pioneerindo Gourmet International Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.10

5.23

6.09

5.31

5.29

PT Pioneerindo Gourmet International 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															1.38	1.02	1.52	1.80	1.53

PT Pioneerindo Gourmet International Tbk Inventory Turnover Calculation

PT Pioneerindo Gourmet International 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 )
=	271051.687	/ (	(51339.098	+	51215.615)	/	2 )
=	271051.687	/	51277.3565
=	5.29

PT Pioneerindo Gourmet International 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 )
=	69283.066	/ (	(39476.673	+	51215.615)	/	2 )
=	69283.066	/	45346.144
=	1.53

PT Pioneerindo Gourmet International Tbk (ISX:PTSP) 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 Pioneerindo Gourmet International 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
	=	45346.144	/	69283.066	*	365 / 4
	=	59.72

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 Pioneerindo Gourmet International 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 )
	=	45346.144	/	174259.237
	=	0.26

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 Pioneerindo Gourmet International Tbk Inventory Turnover Related Terms

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PT Pioneerindo Gourmet International Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » PT Pioneerindo Gourmet International Tbk (ISX:PTSP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jalan Palmerah Utara No. 100, CFC Center Building, West Jakarta, IDN, 11480

Website

https://www.cfcindonesia.com

PT Pioneerindo Gourmet International Tbk is an Indonesia based company engaged in the operation and management of fast-food restaurants. The operating segments are grouped into four strategic business units which provide various products consist of fried chicken (California Fried Chicken-CFC), oriental food (Sapo Oriental), donuts (Cal Donuts), and ramen (Sugakiya). The majority of the revenue is generated from the fried chicken segment. Its products include fried chickens, chicken strips, fried rice, noodles, burgers, soup, and various drinks.

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