PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Inventory Turnover : 0.21 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is PT Wijaya Karya (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 Wijaya Karya (Persero) Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp3,246,831 Mil. PT Wijaya Karya (Persero) Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp15,507,752 Mil. PT Wijaya Karya (Persero) Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Wijaya Karya (Persero) Tbk's Days Inventory for the three months ended in Mar. 2024 was 435.83.

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 Wijaya Karya (Persero) Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.39.

PT Wijaya Karya (Persero) Tbk Inventory Turnover Historical Data

The historical data trend for PT Wijaya Karya (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.

* Premium members only.

PT Wijaya Karya (Persero) Tbk Inventory Turnover Chart

PT Wijaya Karya (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

3.70

1.45

1.09

1.13

1.22

PT Wijaya Karya (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															0.21	0.24	0.32	0.43	0.21

PT Wijaya Karya (Persero) Tbk Inventory Turnover Calculation

PT Wijaya Karya (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 )
=	20668209.416	/ (	(18446634.102	+	15413855.512)	/	2 )
=	20668209.416	/	16930244.807
=	1.22

PT Wijaya Karya (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 )
=	3246831.117	/ (	(15413855.512	+	15601648.613)	/	2 )
=	3246831.117	/	15507752.0625
=	0.21

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) 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 Wijaya Karya (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
	=	15507752.0625	/	3246831.117	*	365 / 4
	=	435.83

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 Wijaya Karya (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 )
	=	15507752.0625	/	3531653.909
	=	4.39

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 Wijaya Karya (Persero) Tbk Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PT Wijaya Karya (Persero) Tbk's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Wijaya Karya (Persero) Tbk (ISX:WIKA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340

Website

https://www.wika.co.id

PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Headlines

No Headlines