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PT Maja Agung Latexindo Tbk (ISX:SURI) Inventory-to-Revenue : 2.31 (As of Mar. 2024)


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What is PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp61,783 Mil. PT Maja Agung Latexindo Tbk's Revenue for the three months ended in Mar. 2024 was Rp26,798 Mil. PT Maja Agung Latexindo Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.31.

PT Maja Agung Latexindo Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.00) to Dec. 2023 (2.31)

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 Maja Agung Latexindo Tbk's Days Inventory for the three months ended in Mar. 2024 was 224.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Maja Agung Latexindo Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.


PT Maja Agung Latexindo Tbk Inventory-to-Revenue Historical Data

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Inventory-to-Revenue Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.08 0.11 0.65 0.84

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial - - 18.33 - 2.31

Competitive Comparison of PT Maja Agung Latexindo Tbk's Inventory-to-Revenue

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Inventory-to-Revenue falls into.



PT Maja Agung Latexindo 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 Maja Agung Latexindo 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 )
=( (70612.328 + 66799.486) / 2 ) / 81718.159
=68705.907 / 81718.159
=0.84

PT Maja Agung Latexindo 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 )
=( (66799.486 + 56767.465) / 2 ) / 26798.366
=61783.4755 / 26798.366
=2.31

* 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 Maja Agung Latexindo Tbk  (ISX:SURI) 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 Maja Agung Latexindo 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
=61783.4755/25090.186*365 / 4
=224.70

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

PT Maja Agung Latexindo 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 )
=25090.186 / 61783.4755
=0.41

* 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 Maja Agung Latexindo Tbk Inventory-to-Revenue Related Terms

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PT Maja Agung Latexindo Tbk (ISX:SURI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Utama No 98, Desa Pujimulyo, Kecamatan Sunggal, Kabupaten Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk is engaged in the filed of manufacturing, especially producing medical gloves. The business activities of the company is to engage in rubber goods industry to support health needs, including contraceptive covers, pacifiers, compression devices, medical gloves and urinary catheters.

PT Maja Agung Latexindo Tbk (ISX:SURI) Headlines