PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Days Inventory : 86.65 (As of Mar. 2024)

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What is PT Tifico Fiber Indonesia Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Tifico Fiber Indonesia Tbk's Average Total Inventories for the three months ended in Mar. 2024 was Rp681,872 Mil. PT Tifico Fiber Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp718,046 Mil. Hence, PT Tifico Fiber Indonesia Tbk's Days Inventory for the three months ended in Mar. 2024 was 86.65.

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

ISX:TFCO' s Days Inventory Range Over the Past 10 Years
Min: 61.27 Med: 71.6 Max: 88.66
Current: 88.66

During the past 13 years, PT Tifico Fiber Indonesia Tbk's highest Days Inventory was 88.66. The lowest was 61.27. And the median was 71.60.

ISX:TFCO's Days Inventory is ranked better than
68.87% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs ISX:TFCO: 88.66

PT Tifico Fiber Indonesia Tbk's Days Inventory declined from Mar. 2023 (86.96) to Mar. 2024 (86.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Tifico Fiber Indonesia Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.05.

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 Tifico Fiber Indonesia Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.93.

PT Tifico Fiber Indonesia Tbk Days Inventory Historical Data

The historical data trend for PT Tifico Fiber 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.

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PT Tifico Fiber Indonesia Tbk Days Inventory Chart

PT Tifico Fiber Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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77.17

83.03

61.27

65.52

86.36

PT Tifico Fiber Indonesia 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															86.96	97.54	83.61	87.89	86.65

Competitive Comparison of PT Tifico Fiber Indonesia Tbk's Days Inventory

For the Textile Manufacturing subindustry, PT Tifico Fiber 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 Tifico Fiber Indonesia Tbk's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

PT Tifico Fiber Indonesia Tbk Days Inventory Calculation

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

PT Tifico Fiber 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
=	( (728314.406	+	667173.339)	/	2 )	/	2948863.61	*	365
=	697743.8725					/	2948863.61	*	365
=	86.36

PT Tifico Fiber Indonesia 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
=	( (667173.339	+	696571.637)	/	2 )	/	718046.116	*	365 / 4
=	681872.488					/	718046.116	*	365 / 4
=	86.65

PT Tifico Fiber Indonesia Tbk (ISX:TFCO) 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 Tifico Fiber Indonesia Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	718046.116	/	681872.488
	=	1.05

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 Tifico Fiber Indonesia Tbk's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	681872.488	/	732259.661
	=	0.93

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 Tifico Fiber Indonesia Tbk Days Inventory Related Terms

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

PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Tifico Fiber Indonesia Tbk (ISX:TFCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan MH. Thamrin Kel. Panunggangan, Kec. Pinang, Kota Tangerang, Prop. Banten, Tangerang, IDN, 15143

Website

http://www.tifico.co.id

PT Tifico Fiber Indonesia Tbk is an Indonesian company principally engaged in the manufacture of polyester chips, staple fiber and filament yarn and sale and markets those products. Its products include Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF) and Polyester CHIP which includes semi dull, full dull, bright and cationic dye. The company uses Japanese innovative technology and machinery for producing finest polyester fiber. It manages its business into four segments namely Chip, Staple Fiber, Filament Yarn, and RCL.

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