PT Budi Starch & Sweetener Tbk (ISX:BUDI) Days Inventory : 45.40 (As of Mar. 2024)

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What is PT Budi Starch & Sweetener Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Budi Starch & Sweetener Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp426,613 Mil. PT Budi Starch & Sweetener Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp857,545 Mil. Hence, PT Budi Starch & Sweetener Tbk's Days Inventory for the three months ended in Mar. 2024 was 45.40.

The historical rank and industry rank for PT Budi Starch & Sweetener Tbk's Days Inventory or its related term are showing as below:

ISX:BUDI' s Days Inventory Range Over the Past 10 Years
Min: 45.71 Med: 64.42 Max: 88.82
Current: 50.98

During the past 13 years, PT Budi Starch & Sweetener Tbk's highest Days Inventory was 88.82. The lowest was 45.71. And the median was 64.42.

ISX:BUDI's Days Inventory is ranked better than
74.45% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs ISX:BUDI: 50.98

PT Budi Starch & Sweetener Tbk's Days Inventory declined from Mar. 2023 (64.81) to Mar. 2024 (45.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Budi Starch & Sweetener Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 2.01.

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 Budi Starch & Sweetener Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.

PT Budi Starch & Sweetener Tbk Days Inventory Historical Data

The historical data trend for PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk Days Inventory Chart

PT Budi Starch & Sweetener Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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81.49

77.49

54.46

60.39

52.58

PT Budi Starch & Sweetener Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															64.81	59.38	39.35	60.34	45.40

Competitive Comparison of PT Budi Starch & Sweetener Tbk's Days Inventory

For the Packaged Foods subindustry, PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Budi Starch & Sweetener Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Budi Starch & Sweetener Tbk's Days Inventory falls into.

PT Budi Starch & Sweetener Tbk Days Inventory Calculation

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

PT Budi Starch & Sweetener 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
=	( (618767	+	379334)	/	2 )	/	3464462	*	365
=	499050.5					/	3464462	*	365
=	52.58

PT Budi Starch & Sweetener Tbk's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (379334	+	473892)	/	2 )	/	857545	*	365 / 4
=	426613					/	857545	*	365 / 4
=	45.40

PT Budi Starch & Sweetener Tbk (ISX:BUDI) 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 Budi Starch & Sweetener Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	857545	/	426613
	=	2.01

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 Budi Starch & Sweetener Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	426613	/	968170
	=	0.44

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 Budi Starch & Sweetener Tbk Days Inventory Related Terms

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

PT Budi Starch & Sweetener Tbk (ISX:BUDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Budi Starch & Sweetener Tbk (ISX:BUDI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan H.R. Rasuna Said Kav. C-6, Wisma Budi 8th - 9th Floor, Jakarta, IDN, 12940

Website

https://www.budistarchsweetener.com

PT Budi Starch & Sweetener Tbk is an Indonesia-based company involved in the packaged food business sector. The Company's primary activities include industrial food processing and chemicals, and all derivative products produced from cassava, sweet potato, palm oil, copra, and other agricultural products and a wide variety of industries, especially the plastics industry. The segments of the company are tapioca starch, sweeteners, PP Woven Bags, Sulphuric Acid, and Other Chemical Products. The company generates maximum revenue from Tapioca starch products.

PT Budi Starch & Sweetener Tbk (ISX:BUDI) Headlines

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