PT Semen Indonesia (Persero) Tbk (ISX:SMGR) Inventory Turnover : 1.16 (As of Mar. 2024)

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What is PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp6,168,459 Mil. PT Semen Indonesia (Persero) Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp5,306,744 Mil. PT Semen Indonesia (Persero) Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Semen Indonesia (Persero) Tbk's Days Inventory for the three months ended in Mar. 2024 was 78.50.

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 Semen Indonesia (Persero) Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

PT Semen Indonesia (Persero) Tbk Inventory Turnover Historical Data

The historical data trend for PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk Inventory Turnover Chart

PT Semen Indonesia (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.76

4.97

5.20

4.91

5.30

PT Semen Indonesia (Persero) Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.15	1.06	1.33	1.55	1.16

PT Semen Indonesia (Persero) Tbk Inventory Turnover Calculation

PT Semen Indonesia (Persero) Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	28474383	/ (	(5610233	+	5133737)	/	2 )
=	28474383	/	5371985
=	5.30

PT Semen Indonesia (Persero) Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	6168459	/ (	(5133737	+	5479750)	/	2 )
=	6168459	/	5306743.5
=	1.16

PT Semen Indonesia (Persero) Tbk (ISX:SMGR) 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 Semen Indonesia (Persero) Tbk's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	5306743.5	/	6168459	*	365 / 4
	=	78.50

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 Semen Indonesia (Persero) Tbk's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	5306743.5	/	8375065
	=	0.63

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 Semen Indonesia (Persero) Tbk Inventory Turnover Related Terms

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PT Semen Indonesia (Persero) Tbk (ISX:SMGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Semen Indonesia (Persero) Tbk (ISX:SMGR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PSGTY:USA SMS2:Germany

Address

Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430

Website

https://www.sig.id

PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, as well as related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement segment.

PT Semen Indonesia (Persero) Tbk (ISX:SMGR) Headlines

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