PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Inventory Turnover : 0.86 (As of Dec. 2023)

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What is PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp573,766 Mil. PT Widodo Makmur Perkasa Tbk's Average Total Inventories for the quarter that ended in Dec. 2023 was Rp667,291 Mil. PT Widodo Makmur Perkasa Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Widodo Makmur Perkasa Tbk's Days Inventory for the three months ended in Dec. 2023 was 106.12.

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 Widodo Makmur Perkasa Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.93.

PT Widodo Makmur Perkasa Tbk Inventory Turnover Historical Data

The historical data trend for PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk Inventory Turnover Chart

PT Widodo Makmur Perkasa Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.56

2.47

4.46

3.19

1.57

PT Widodo Makmur Perkasa Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											0.89	0.29	0.22	0.18	0.86

PT Widodo Makmur Perkasa Tbk Inventory Turnover Calculation

PT Widodo Makmur Perkasa 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 )
=	1277502.673	/ (	(1202082.016	+	422069.261)	/	2 )
=	1277502.673	/	812075.6385
=	1.57

PT Widodo Makmur Perkasa Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	573766.456	/ (	(912512.439	+	422069.261)	/	2 )
=	573766.456	/	667290.85
=	0.86

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) 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 Widodo Makmur Perkasa Tbk's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	667290.85	/	573766.456	*	365 / 4
	=	106.12

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 Widodo Makmur Perkasa Tbk's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	667290.85	/	169627.848
	=	3.93

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 Widodo Makmur Perkasa Tbk Inventory Turnover Related Terms

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PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Widodo Makmur Perkasa Tbk (ISX:WMPP) » Definitions » Inventory Turnover

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Address

Jl. Raya Cilangkap, No. 58 Cilangkap, Cipayung East, East Jakarta, IDN, 13870

Website

https://www.widodomakmurperkasa.co.id

PT Widodo Makmur Perkasa Tbk is a company engaged in the consumer goods and agricultural commodities sector. It has five integrated business lines, namely Integrated Cattle Farm, Meat Processing, Integrated Poultry Farm, Agriculture Commodities, and Construction and Renewable Energy.

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