PT Rimo International Lestari Tbk (ISX:RIMO) Inventory Turnover: 556.52 (As of Sep. 2019)

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ISX:RIMO PT Rimo International Lestari Tbk ISX:RIMO
4 GF Score
Price Rp50.00
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What is PT Rimo International Lestari Tbk Inventory Turnover?

PT Rimo International Lestari Tbk ISX:RIMO 4 Inventory Turnover is 556.52 as of Sep. 2019. GuruFocus rates ISX:RIMO 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 Rimo International Lestari Tbk's Cost of Goods Sold for the three months ended in Sep. 2019 was Rp157,818 Mil. PT Rimo International Lestari Tbk's Average Total Inventories for the quarter that ended in Sep. 2019 was Rp284 Mil. PT Rimo International Lestari Tbk's Inventory Turnover for the quarter that ended in Sep. 2019 was 556.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Rimo International Lestari Tbk's Days Inventory for the three months ended in Sep. 2019 was 0.16.

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 Rimo International Lestari Tbk's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.00.


PT Rimo International Lestari Tbk  (ISX:RIMO) 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 Rimo International Lestari Tbk's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=283.581/157818.16*365 / 4
=0.16

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 Rimo International Lestari Tbk's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=283.581 / 320799.976
=0.00

* 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 Rimo International Lestari Tbk Inventory Turnover Related Terms


PT Rimo International Lestari Tbk Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PT Rimo International Lestari 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 Rimo International Lestari Tbk Inventory Turnover Chart

PT Rimo International Lestari Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial 10.45 0.00 0.00 0.38 1,856.50

PT Rimo International Lestari Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.08 0.11 127.65 171.18 556.52
ISX:RIMO
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PT Rimo International Lestari Tbk ISX:RIMO
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PT Rimo International Lestari Tbk Inventory Turnover Calculation

PT Rimo International Lestari Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=314414.317 / ((90.716 + 248.001) / 2 )
=314414.317 / 169.3585
=1,856.50

PT Rimo International Lestari Tbk's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover (Q: Sep. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2019 ) / ((Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count )
=157818.16 / ((293.323 + 273.839) / 2 )
=157818.16 / 283.581
=556.52

* 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 556.52 mean?
PT Rimo International Lestari Tbk (ISX:RIMO) has a Inventory Turnover of 556.52 as of Sep. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PT Rimo International Lestari Tbk and its competitors.
Is PT Rimo International Lestari Tbk's Inventory Turnover too high?
PT Rimo International Lestari Tbk's current Inventory Turnover is 556.52. Overall, PT Rimo International Lestari Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Rimo International Lestari Tbk's Inventory Turnover compare to competitors?
PT Rimo International Lestari Tbk's Inventory Turnover of 556.52 can be compared against companies in the Real Estate 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 Real Estate company?
A good Inventory Turnover depends on the Real Estate 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 Rimo International Lestari Tbk and its competitors. PT Rimo International Lestari Tbk's current Inventory Turnover is 556.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rimo International Lestari Tbk stock overvalued right now?
PT Rimo International Lestari Tbk (ISX:RIMO) has a current Inventory Turnover of 556.52. The current Inventory Turnover is 556.52. PT Rimo International Lestari 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 Rimo International Lestari Tbk (ISX:RIMO), the current Inventory Turnover is 556.52 as of Sep. 2019. 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 Rimo International Lestari Tbk Business Description

Address Jalan Jenderal Sudirman Kav.27, Mayapada Tower II Lantai 22, Jakarta, IDN, 12920
PT Rimo International Lestari Tbk is involved in the property business. It seeks to develop high quality integrated townships with modern infrastructure and amenities. The group is also involved in developing a diverse range of products from affordable to premium housing in order to reach out to a wide variety of customers, whilst assisting the government to realize its aspiration in making housing more accessible to the general public. It operates in three segments Department Store, Real Estate, and Service. The portfolio of the group includes various project such as South Hills Apartment, Puncak golf and resort, Kota Olympia, Gangnam Townhouse, Puuwatu Hills, Maestro Hotel and others. Geographically the activities are carried out through Indonesia.
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