PT Bukit Asam Tbk (PT Bukit Asam Tbk) Days Inventory : 58.29 (As of Dec. 2023)

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What is PT Bukit Asam Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Bukit Asam Tbk's Average Total Inventories for the three months ended in Dec. 2023 was $312 Mil. PT Bukit Asam Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $488 Mil. Hence, PT Bukit Asam Tbk's Days Inventory for the three months ended in Dec. 2023 was 58.29.

The historical rank and industry rank for PT Bukit Asam Tbk's Days Inventory or its related term are showing as below:

TBNGY' s Days Inventory Range Over the Past 10 Years
Min: 23.29 Med: 38.18 Max: 58.09
Current: 48.57

During the past 13 years, PT Bukit Asam Tbk's highest Days Inventory was 58.09. The lowest was 23.29. And the median was 38.18.

TBNGY's Days Inventory is ranked worse than
68.7% of 115 companies
in the Other Energy Sources industry
Industry Median: 29.96 vs TBNGY: 48.57

PT Bukit Asam Tbk's Days Inventory increased from Dec. 2022 (40.76) to Dec. 2023 (58.29). It might indicate that PT Bukit Asam Tbk's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Bukit Asam Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 1.57.

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 Bukit Asam Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.

PT Bukit Asam Tbk Days Inventory Historical Data

The historical data trend for PT Bukit Asam Tbk's Days Inventory 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 Bukit Asam Tbk Days Inventory Chart

PT Bukit Asam Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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36.97

31.59

23.39

38.22

57.62

PT Bukit Asam Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															40.76	38.98	40.15	46.58	58.29

Competitive Comparison of PT Bukit Asam Tbk's Days Inventory

For the Thermal Coal subindustry, PT Bukit Asam Tbk's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Bukit Asam Tbk's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam Tbk's Days Inventory falls into.

PT Bukit Asam Tbk Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

PT Bukit Asam Tbk's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (243.925	+	356.747)	/	2 )	/	1902.67	*	365
=	300.336					/	1902.67	*	365
=	57.62

PT Bukit Asam Tbk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (266.286	+	356.747)	/	2 )	/	487.671	*	365 / 4
=	311.5165					/	487.671	*	365 / 4
=	58.29

PT Bukit Asam Tbk (OTCPK:TBNGY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

PT Bukit Asam Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	487.671	/	311.5165
	=	1.57

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 Bukit Asam Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	311.5165	/	697.409
	=	0.45

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

PT Bukit Asam Tbk Days Inventory Related Terms

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

PT Bukit Asam Tbk (PT Bukit Asam Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bukit Asam Tbk (OTCPK:TBNGY) » Definitions » Days Inventory

Traded in Other Exchanges

PBATF:USA PTBA:Indonesia TBA:Germany

Address

Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716

Website

https://www.ptba.co.id

PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

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