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PT Ace Hardware Indonesia Tbk (ISX:ACES) Inventory-to-Revenue : 1.43 (As of Mar. 2024)


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What is PT Ace Hardware Indonesia Tbk Inventory-to-Revenue?

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 Ace Hardware Indonesia Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp2,843,102 Mil. PT Ace Hardware Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp1,992,528 Mil. PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.43.

PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.27) to Dec. 2023 (1.43)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Ace Hardware Indonesia Tbk's Days Inventory for the three months ended in Mar. 2024 was 252.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Ace Hardware Indonesia Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.36.


PT Ace Hardware Indonesia Tbk Inventory-to-Revenue Historical Data

The historical data trend for PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue 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 Ace Hardware Indonesia Tbk Inventory-to-Revenue Chart

PT Ace Hardware Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.34 0.37 0.38 0.36

PT Ace Hardware Indonesia Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 1.62 1.41 1.46 1.27 1.43

Competitive Comparison of PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue

For the Specialty Retail subindustry, PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Ace Hardware Indonesia Tbk's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue falls into.



PT Ace Hardware Indonesia Tbk Inventory-to-Revenue Calculation

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 Ace Hardware Indonesia Tbk's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (2810769.399 + 2664947.948) / 2 ) / 7611866.067
=2737858.6735 / 7611866.067
=0.36

PT Ace Hardware Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (2664947.948 + 3021255.858) / 2 ) / 1992527.664
=2843101.903 / 1992527.664
=1.43

* 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 Ace Hardware Indonesia Tbk  (ISX:ACES) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

PT Ace Hardware Indonesia Tbk's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2843101.903/1025841.686*365 / 4
=252.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

PT Ace Hardware Indonesia Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1025841.686 / 2843101.903
=0.36

* 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 Ace Hardware Indonesia Tbk Inventory-to-Revenue Related Terms

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PT Ace Hardware Indonesia Tbk (ISX:ACES) Business Description

Traded in Other Exchanges
Address
Jalan Puri Kencana No. 1, Kawan Lama Building, Kembangan Selatan, Jakarta, IDN, 11610
PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and other products, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

PT Ace Hardware Indonesia Tbk (ISX:ACES) Headlines

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