PT Wilmar Cahaya Indonesia Tbk (PT Wilmar Cahaya Indonesia Tbk) Inventory Turnover : 5.16 (As of Mar. 2024)

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

What is PT Wilmar Cahaya Indonesia 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 Wilmar Cahaya Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was $103.0 Mil. PT Wilmar Cahaya Indonesia Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was $20.0 Mil. PT Wilmar Cahaya Indonesia Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Wilmar Cahaya Indonesia Tbk's Days Inventory for the three months ended in Mar. 2024 was 17.69.

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 Wilmar Cahaya Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

PT Wilmar Cahaya Indonesia Tbk Inventory Turnover Historical Data

The historical data trend for PT Wilmar Cahaya Indonesia 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 Wilmar Cahaya Indonesia Tbk Inventory Turnover Chart

PT Wilmar Cahaya Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

9.48

11.14

13.40

13.85

18.40

PT Wilmar Cahaya Indonesia 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															4.13	3.65	4.42	4.71	5.16

PT Wilmar Cahaya Indonesia Tbk Inventory Turnover Calculation

PT Wilmar Cahaya Indonesia 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 )
=	385.892	/ (	(23.373	+	18.57)	/	2 )
=	385.892	/	20.9715
=	18.40

PT Wilmar Cahaya Indonesia 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 )
=	102.983	/ (	(18.57	+	21.369)	/	2 )
=	102.983	/	19.9695
=	5.16

PT Wilmar Cahaya Indonesia Tbk (OTCPK:PTCXF) 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 Wilmar Cahaya Indonesia 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
	=	19.9695	/	102.983	*	365 / 4
	=	17.69

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 Wilmar Cahaya Indonesia 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 )
	=	19.9695	/	109.849
	=	0.18

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 Wilmar Cahaya Indonesia Tbk Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PT Wilmar Cahaya Indonesia Tbk's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Wilmar Cahaya Indonesia Tbk (PT Wilmar Cahaya Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Wilmar Cahaya Indonesia Tbk (OTCPK:PTCXF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CEKA:Indonesia 6CK1:Germany

Address

Jalan Industri Selatan, 3 Blok GG No. 1, Kawasan Industri Jababeka, RT.000 RW.000 Pasirsari Cikarang Selatan, Kab. Bekasi, Jawa Barat, Bekasi, IDN, 17532

Website

https://www.wilmarcahayaindonesia.com

PT Wilmar Cahaya Indonesia Tbk manufactures vegetable oil and vegetable oils specialties made from raw materials of palm oil, core palm oil, and tengkawang seeds. The company produces vegetable oils and Specialty Vegetable Oils (MNS) made from Crude Palm Oil, Palm Kernel, and Illipe Nuts and their derivatives. The specialty oils it produces include cocoa butter equivalents (CBE) and cocoa butter substitutes (CBS). It operates through the food industry segment which is the production of vegetable and specialty oils.

PT Wilmar Cahaya Indonesia Tbk (PT Wilmar Cahaya Indonesia Tbk) Headlines

No Headlines