GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT AKR Corporindo Tbk (OTCPK:PKCPY) » Definitions » Days Inventory

PT AKRorindo Tbk (PT AKRorindo Tbk) Days Inventory : 46.19 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is PT AKRorindo Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT AKRorindo Tbk's Average Total Inventories for the three months ended in Mar. 2024 was $293 Mil. PT AKRorindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was $578 Mil. Hence, PT AKRorindo Tbk's Days Inventory for the three months ended in Mar. 2024 was 46.19.

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

PKCPY' s Days Inventory Range Over the Past 10 Years
Min: 24.1   Med: 63.92   Max: 89.98
Current: 41.51

During the past 13 years, PT AKRorindo Tbk's highest Days Inventory was 89.98. The lowest was 24.10. And the median was 63.92.

PKCPY's Days Inventory is ranked worse than
59.67% of 729 companies
in the Oil & Gas industry
Industry Median: 31.29 vs PKCPY: 41.51

PT AKRorindo Tbk's Days Inventory increased from Mar. 2023 (40.71) to Mar. 2024 (46.19). It might indicate that PT AKRorindo Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT AKRorindo Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.98.

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 AKRorindo Tbk's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.46.


PT AKRorindo Tbk Days Inventory Historical Data

The historical data trend for PT AKRorindo 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 AKRorindo Tbk Days Inventory Chart

PT AKRorindo Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.01 90.68 63.79 42.96 47.89

PT AKRorindo 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.71 40.56 40.78 40.25 46.19

Competitive Comparison of PT AKRorindo Tbk's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, PT AKRorindo 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 AKRorindo Tbk's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT AKRorindo Tbk's Days Inventory distribution charts can be found below:

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



PT AKRorindo Tbk Days Inventory Calculation

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

PT AKRorindo 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
=( (331.866 + 308.409) / 2 ) / 2439.9*365
=320.1375 / 2439.9*365
=47.89

PT AKRorindo 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
=( (308.409 + 277.243) / 2 ) / 578.444*365 / 4
=292.826 / 578.444*365 / 4
=46.19

* 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.


PT AKRorindo Tbk  (OTCPK:PKCPY) 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 AKRorindo Tbk's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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

* 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.


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 AKRorindo Tbk Days Inventory Related Terms

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


PT AKRorindo Tbk (PT AKRorindo Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, Jakarta Barat, Jakarta, IDN, 11530
PT AKR Corporindo Tbk is engaged in chemicals distribution. The company has four segments. The Trading and distribution segment, which accounts for most of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine, mining, and commercial vehicles sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging, port handling, and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Industrial estate segments comprise sales and leases of industrial estate land, sales of electricity, and other related services to tenants of the estate.

PT AKRorindo Tbk (PT AKRorindo Tbk) Headlines

No Headlines