PT Siantar Top Tbk (ISX:STTP) Inventory Turnover : 2.27 (As of Mar. 2025)

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What is PT Siantar Top 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 Siantar Top Tbk's Cost of Goods Sold for the three months ended in Mar. 2025 was Rp870,802 Mil. PT Siantar Top Tbk's Average Total Inventories for the quarter that ended in Mar. 2025 was Rp383,603 Mil. PT Siantar Top Tbk's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Siantar Top Tbk's Days Inventory for the three months ended in Mar. 2025 was 40.20.

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 Siantar Top Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.30.

PT Siantar Top Tbk Inventory Turnover Historical Data

The historical data trend for PT Siantar Top 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 Siantar Top Tbk Inventory Turnover Chart

PT Siantar Top Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.13

10.17

10.61

8.38

8.89

PT Siantar Top Tbk Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															2.03	1.88	2.34	2.36	2.27

PT Siantar Top Tbk Inventory Turnover Calculation

PT Siantar Top 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 )
=	3399584.209	/ (	(399081.9	+	365839.262)	/	2 )
=	3399584.209	/	382460.581
=	8.89

PT Siantar Top Tbk's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	870802.375	/ (	(365839.262	+	401367.663)	/	2 )
=	870802.375	/	383603.4625
=	2.27

PT Siantar Top Tbk (ISX:STTP) 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 Siantar Top Tbk's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	383603.4625	/	870802.375	*	365 / 4
	=	40.20

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 Siantar Top Tbk's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	383603.4625	/	1264389
	=	0.30

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 Siantar Top Tbk Inventory Turnover Related Terms

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PT Siantar Top Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Siantar Top Tbk (ISX:STTP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jalan Tambak Sawah No. 21-23, Waru, Sidoarjo, IDN, 61256

Website

https://www.siantartop.co.id

PT Siantar Top Tbk is a snack manufacturing company. It is principally engaged in the manufacturing of snacks such as crackers, noodles, candies, biscuits, and wafers. It has two operating segments include the food processing segment primarily from the sales of rice, crackers, biscuits, wafers, and candy, and other segments arise primarily from the sales of flour and seasoning. The majority of the revenue is made from the food processing segment.

PT Siantar Top Tbk Headlines

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