PT Polychem Indonesia Tbk (ISX:ADMG) Days Inventory : 94.58 (As of Dec. 2023)

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What is PT Polychem Indonesia Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Polychem Indonesia Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp442,764 Mil. PT Polychem Indonesia Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp427,177 Mil. Hence, PT Polychem Indonesia Tbk's Days Inventory for the three months ended in Dec. 2023 was 94.58.

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

ISX:ADMG' s Days Inventory Range Over the Past 10 Years
Min: 61.19 Med: 73.46 Max: 101.21
Current: 96.48

During the past 13 years, PT Polychem Indonesia Tbk's highest Days Inventory was 101.21. The lowest was 61.19. And the median was 73.46.

ISX:ADMG's Days Inventory is ranked worse than
58.42% of 1491 companies
in the Chemicals industry
Industry Median: 83.31 vs ISX:ADMG: 96.48

PT Polychem Indonesia Tbk's Days Inventory increased from Dec. 2022 (90.43) to Dec. 2023 (94.58). It might indicate that PT Polychem Indonesia Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Polychem Indonesia Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 0.96.

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 Polychem Indonesia Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.07.

PT Polychem Indonesia Tbk Days Inventory Historical Data

The historical data trend for PT Polychem Indonesia 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.

* Premium members only.

PT Polychem Indonesia Tbk Days Inventory Chart

PT Polychem Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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80.55

91.99

66.42

73.58

101.21

PT Polychem Indonesia 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															90.43	75.70	97.56	120.57	94.58

Competitive Comparison of PT Polychem Indonesia Tbk's Days Inventory

For the Specialty Chemicals subindustry, PT Polychem Indonesia 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 Polychem Indonesia Tbk's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Polychem Indonesia Tbk's Days Inventory distribution charts can be found below:

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

PT Polychem Indonesia Tbk Days Inventory Calculation

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

PT Polychem Indonesia 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
=	( (469177.441	+	443548.947)	/	2 )	/	1645780.566	*	365
=	456363.194					/	1645780.566	*	365
=	101.21

PT Polychem Indonesia 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
=	( (441978.571	+	443548.947)	/	2 )	/	427177.162	*	365 / 4
=	442763.759					/	427177.162	*	365 / 4
=	94.58

PT Polychem Indonesia Tbk (ISX:ADMG) 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 Polychem Indonesia Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	427177.162	/	442763.759
	=	0.96

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	442763.759	/	412485.721
	=	1.07

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 Polychem Indonesia Tbk Days Inventory Related Terms

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

PT Polychem Indonesia Tbk (ISX:ADMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Polychem Indonesia Tbk (ISX:ADMG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

P2I:Germany

Address

Jalan Jend. Sudirman Kavling 1 RT.010 RW.009, Gedung Wisma 46-Kota BNI 20th Floor, Karet Tengsin Tanah Abang Kota Adm., Jakarta Pusat DKI, Jakarta, IDN, 10220

Website

https://www.polychemindo.com

PT Polychem Indonesia Tbk is an Indonesia-based company that manufactures polyester chips, polyester filaments, engineering plastic, engineering resin, ethylene glycol, polyester staple fiber, and petrochemical. The company is also engaged in knitting, weaving, spinning, and textile manufacturing. The Company markets its products to various countries in Asia, the Middle East, North America, Canada, and Latin America. The Company has also penetrated into European and African markets.

PT Polychem Indonesia Tbk (ISX:ADMG) Headlines

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