PTmpoerna Agro Tbk (PTmpoerna Agro Tbk) Inventory Turnover : 1.27 (As of Mar. 2024)

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What is PTmpoerna Agro 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. PTmpoerna Agro Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was $57.63 Mil. PTmpoerna Agro Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was $45.44 Mil. PTmpoerna Agro Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PTmpoerna Agro Tbk's Days Inventory for the three months ended in Mar. 2024 was 71.95.

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

PTmpoerna Agro Tbk Inventory Turnover Historical Data

The historical data trend for PTmpoerna Agro 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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PTmpoerna Agro Tbk Inventory Turnover Chart

PTmpoerna Agro Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.44

4.78

5.57

4.68

5.91

PTmpoerna Agro 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															1.52	1.07	1.44	1.72	1.27

PTmpoerna Agro Tbk Inventory Turnover Calculation

PTmpoerna Agro 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 )
=	278.518	/ (	(54.807	+	39.5)	/	2 )
=	278.518	/	47.1535
=	5.91

PTmpoerna Agro 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 )
=	57.631	/ (	(39.5	+	51.387)	/	2 )
=	57.631	/	45.4435
=	1.27

PTmpoerna Agro Tbk (GREY:PTSMF) 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.

PTmpoerna Agro 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
	=	45.4435	/	57.631	*	365 / 4
	=	71.95

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.

PTmpoerna Agro 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 )
	=	45.4435	/	73.554
	=	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.

PTmpoerna Agro Tbk Inventory Turnover Related Terms

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PTmpoerna Agro Tbk (PTmpoerna Agro Tbk) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sampoerna Agro Tbk (GREY:PTSMF) » Definitions » Inventory Turnover

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SGRO:Indonesia

Address

Jalan Basuki Rahmat No. 788, South Sumatera, Palembang, IDN, 30127

Website

https://www.sampoernaagro.com

PT Sampoerna Agro Tbk is an Indonesia-based palm oil manufacturer. It is engaged in the oil palm and rubber plantation industry, palm oil mills, production of oil palm seedlings, utilization of non-wood forest resources (sago), forestry, and other related industries. The product portfolio includes crude palm oil, palm kernel, germinated seed, sago, and rubber. Its operating segment includes Palm products and others. The company generates maximum revenue from the Palm products segment. Geographically, it derives a majority of its revenue from Indonesia.

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