PT Summarecon Agung Tbk (ISX:SMRA) Inventory Turnover : 0.10 (As of Mar. 2024)

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What is PT Summarecon Agung 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 Summarecon Agung Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,033,699 Mil. PT Summarecon Agung Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp10,826,872 Mil. PT Summarecon Agung Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Summarecon Agung Tbk's Days Inventory for the three months ended in Mar. 2024 was 955.74.

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 Summarecon Agung Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.07.

PT Summarecon Agung Tbk Inventory Turnover Historical Data

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk Inventory Turnover Chart

PT Summarecon Agung Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.38

0.31

0.32

0.28

0.32

PT Summarecon Agung 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															0.07	0.07	0.11	0.07	0.10

PT Summarecon Agung Tbk Inventory Turnover Calculation

PT Summarecon Agung 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 )
=	3299254.706	/ (	(9959605.756	+	10906023.115)	/	2 )
=	3299254.706	/	10432814.4355
=	0.32

PT Summarecon Agung 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 )
=	1033699.394	/ (	(10906023.115	+	10747720.658)	/	2 )
=	1033699.394	/	10826871.8865
=	0.10

PT Summarecon Agung Tbk (ISX:SMRA) 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 Summarecon Agung 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
	=	10826871.8865	/	1033699.394	*	365 / 4
	=	955.74

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 Summarecon Agung 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 )
	=	10826871.8865	/	2133692.132
	=	5.07

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 Summarecon Agung Tbk Inventory Turnover Related Terms

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PT Summarecon Agung Tbk (ISX:SMRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Summarecon Agung Tbk (ISX:SMRA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jalan Perintis Kemerdekaan No. 42, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210

Website

https://www.summarecon.com

PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. Summarecon Agung's property development segment, which generates most of the company's revenue, develops and then sells properties such as residential houses, apartment buildings, and shopping lots. The company's investment property segment develops properties, including shopping malls, offices, apartments, and commercial spaces, that it retains and leases. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sport and fitness clubs.

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