PT Maja Agung Latexindo Tbk (ISX:SURI) Inventory Turnover : 0.49 (As of Mar. 2025)

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What is PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2025 was Rp30,731 Mil. PT Maja Agung Latexindo Tbk's Average Total Inventories for the quarter that ended in Mar. 2025 was Rp62,465 Mil. PT Maja Agung Latexindo Tbk's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Maja Agung Latexindo Tbk's Days Inventory for the three months ended in Mar. 2025 was 185.48.

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 Maja Agung Latexindo Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.83.

PT Maja Agung Latexindo Tbk Inventory Turnover Historical Data

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Inventory Turnover Chart

PT Maja Agung Latexindo Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

10.48

7.42

1.28

0.97

1.63

PT Maja Agung Latexindo Tbk Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial							0.41	0.20	0.50	0.66	0.49

PT Maja Agung Latexindo Tbk Inventory Turnover Calculation

PT Maja Agung Latexindo 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 )
=	106201.767	/ (	(66799.486	+	63161.845)	/	2 )
=	106201.767	/	64980.6655
=	1.63

PT Maja Agung Latexindo 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 )
=	30731.086	/ (	(63161.845	+	61768.843)	/	2 )
=	30731.086	/	62465.344
=	0.49

PT Maja Agung Latexindo Tbk (ISX:SURI) 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 Maja Agung Latexindo 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
	=	62465.344	/	30731.086	*	365 / 4
	=	185.48

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 Maja Agung Latexindo 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 )
	=	62465.344	/	34061.192
	=	1.83

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 Maja Agung Latexindo Tbk Inventory Turnover Related Terms

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PT Maja Agung Latexindo Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PT Maja Agung Latexindo Tbk (ISX:SURI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352

Website

https://www.malgloves.com

PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.