PT Triputra Agro Persada Tbk (ISX:TAPG) Inventory Turnover : 1.16 (As of Mar. 2024)

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What is PT Triputra Agro Persada 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 Triputra Agro Persada Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,382,684 Mil. PT Triputra Agro Persada Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp1,192,401 Mil. PT Triputra Agro Persada 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 Triputra Agro Persada Tbk's Days Inventory for the three months ended in Mar. 2024 was 78.69.

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 Triputra Agro Persada Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.

PT Triputra Agro Persada Tbk Inventory Turnover Historical Data

The historical data trend for PT Triputra Agro Persada 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 Triputra Agro Persada Tbk Inventory Turnover Chart

PT Triputra Agro Persada Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.44

4.51

5.00

4.91

4.89

PT Triputra Agro Persada Tbk Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.00	0.97	1.05	1.22	1.16

PT Triputra Agro Persada Tbk Inventory Turnover Calculation

PT Triputra Agro Persada 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 )
=	6108590	/ (	(1293008	+	1204936)	/	2 )
=	6108590	/	1248972
=	4.89

PT Triputra Agro Persada 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 )
=	1382684	/ (	(1204936	+	1179866)	/	2 )
=	1382684	/	1192401
=	1.16

PT Triputra Agro Persada Tbk (ISX:TAPG) 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 Triputra Agro Persada 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
	=	1192401	/	1382684	*	365 / 4
	=	78.69

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 Triputra Agro Persada 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 )
	=	1192401	/	1912011
	=	0.62

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 Triputra Agro Persada Tbk Inventory Turnover Related Terms

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PT Triputra Agro Persada Tbk (ISX:TAPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Triputra Agro Persada Tbk (ISX:TAPG) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.tap-agri.com

PT Triputra Agro Persada Tbk is a palm oil and rubber company located in Sumatera and Kalimantan. Together with its subsidiaries, it is committed towards producing high-quality crude palm oil and palm kernel products to meet domestic and foreign market needs. The company's operating segment includes Crude Palm oil and palm kernel and Rubber. It generates maximum revenue from the Crude Palm oil and palm kernel segment.

PT Triputra Agro Persada Tbk (ISX:TAPG) Headlines

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