PT Indo-Rama Synthetics Tbk (ISX:INDR) Days Inventory : 73.16 (As of Mar. 2024)

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What is PT Indo-Rama Synthetics Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Indo-Rama Synthetics Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp2,739,152 Mil. PT Indo-Rama Synthetics Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp3,416,492 Mil. Hence, PT Indo-Rama Synthetics Tbk's Days Inventory for the three months ended in Mar. 2024 was 73.16.

The historical rank and industry rank for PT Indo-Rama Synthetics Tbk's Days Inventory or its related term are showing as below:

ISX:INDR' s Days Inventory Range Over the Past 10 Years
Min: 65.75 Med: 76.9 Max: 93.05
Current: 76.3

During the past 13 years, PT Indo-Rama Synthetics Tbk's highest Days Inventory was 93.05. The lowest was 65.75. And the median was 76.90.

ISX:INDR's Days Inventory is ranked better than
75.07% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs ISX:INDR: 76.30

PT Indo-Rama Synthetics Tbk's Days Inventory declined from Mar. 2023 (88.69) to Mar. 2024 (73.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Indo-Rama Synthetics Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.25.

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 Indo-Rama Synthetics Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.

PT Indo-Rama Synthetics Tbk Days Inventory Historical Data

The historical data trend for PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Days Inventory Chart

PT Indo-Rama Synthetics Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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79.16

93.05

76.19

77.61

90.10

PT Indo-Rama Synthetics 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															88.69	76.96	71.93	85.32	73.16

Competitive Comparison of PT Indo-Rama Synthetics Tbk's Days Inventory

For the Textile Manufacturing subindustry, PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo-Rama Synthetics Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Indo-Rama Synthetics Tbk's Days Inventory falls into.

PT Indo-Rama Synthetics Tbk Days Inventory Calculation

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

PT Indo-Rama Synthetics 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
=	( (3189399.815	+	2950451.457)	/	2 )	/	12436312.679	*	365
=	3069925.636					/	12436312.679	*	365
=	90.10

PT Indo-Rama Synthetics 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
=	( (2950451.457	+	2527852.845)	/	2 )	/	3416492.337	*	365 / 4
=	2739152.151					/	3416492.337	*	365 / 4
=	73.16

PT Indo-Rama Synthetics Tbk (ISX:INDR) 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 Indo-Rama Synthetics Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3416492.337	/	2739152.151
	=	1.25

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 Indo-Rama Synthetics Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2739152.151	/	3402140.048
	=	0.81

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 Indo-Rama Synthetics Tbk Days Inventory Related Terms

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

PT Indo-Rama Synthetics Tbk (ISX:INDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Indo-Rama Synthetics Tbk (ISX:INDR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan H. R. Rasuna Said, Blok X-1, Kav. 1-2, Graha Irama, 17th Floor, Jakarta, IDN, 12950

Website

https://www.indorama.co.id

PT Indo-Rama Synthetics Tbk manufactures polyester, fertilizers, and textiles. The company operates in segments that include Spun Yarns which manufactures spun yarn and sewing threads, Polyester which manufactures polyester yarns, polyester staple fiber, chips, and pet resin, Fabrics which manufactures polyester fabrics, and others which is engaged in trading, investment, and Other activities. The Spun Yarn and Polyester segment of the company generates maximum revenue for the company. Geographically the company exports its products to Europe, Asia, and North and South America.

PT Indo-Rama Synthetics Tbk (ISX:INDR) Headlines

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