PT Dharma Polimetal Tbk (ISX:DRMA) Inventory Turnover : 2.58 (As of Mar. 2024)

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What is PT Dharma Polimetal Tbk Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. PT Dharma Polimetal Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,088,650 Mil. PT Dharma Polimetal Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp422,386 Mil. PT Dharma Polimetal Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Dharma Polimetal Tbk's Days Inventory for the three months ended in Mar. 2024 was 35.40.

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 Dharma Polimetal Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

PT Dharma Polimetal Tbk Inventory Turnover Historical Data

The historical data trend for PT Dharma Polimetal Tbk's Inventory Turnover 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 Dharma Polimetal Tbk Inventory Turnover Chart

PT Dharma Polimetal Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.33

9.21

9.74

8.75

10.77

PT Dharma Polimetal Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial												2.52	2.08	2.46	2.47	2.58

PT Dharma Polimetal Tbk Inventory Turnover Calculation

PT Dharma Polimetal Tbk's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	4568514.846	/ (	(431715.862	+	416441.31)	/	2 )
=	4568514.846	/	424078.586
=	10.77

PT Dharma Polimetal Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1088649.667	/ (	(416441.31	+	428331.42)	/	2 )
=	1088649.667	/	422386.365
=	2.58

PT Dharma Polimetal Tbk (ISX:DRMA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

PT Dharma Polimetal 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
	=	422386.365	/	1088649.667	*	365 / 4
	=	35.40

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 Dharma Polimetal Tbk's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	422386.365	/	1335225.881
	=	0.32

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

PT Dharma Polimetal Tbk Inventory Turnover Related Terms

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PT Dharma Polimetal Tbk (ISX:DRMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Dharma Polimetal Tbk (ISX:DRMA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Delta Silicon 1 Cikarang, Jl. Angsana Raya Blok A9, West Java, IDN, 17550

Website

https://www.dharmagroup.co.id

PT Dharma Polimetal Tbk is engaged in the business of automotive components for motorcycles and cars. The Company's business activities are divided into three operating segments, such as two-wheel segment, four-wheel segment and other segments. The Company's business focus is manufacturing various Original Equipment Manufacturer (OEM) components for two-wheel and four-wheel vehicles.