PT NFC Indonesia Tbk (ISX:NFCX) Inventory Turnover : 8.07 (As of Mar. 2024)

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What is PT NFC Indonesia 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 NFC Indonesia Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp1,887,580 Mil. PT NFC Indonesia Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp234,034 Mil. PT NFC Indonesia Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT NFC Indonesia Tbk's Days Inventory for the three months ended in Mar. 2024 was 11.31.

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 NFC Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

PT NFC Indonesia Tbk Inventory Turnover Historical Data

The historical data trend for PT NFC Indonesia 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 NFC Indonesia Tbk Inventory Turnover Chart

PT NFC Indonesia Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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55.06

29.23

27.22

32.70

35.06

PT NFC 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 Turnover	Get a 7-Day Free Trial															10.25	8.00	7.08	7.50	8.07

PT NFC Indonesia Tbk Inventory Turnover Calculation

PT NFC Indonesia 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 )
=	9389334.011	/ (	(285603.293	+	249956.738)	/	2 )
=	9389334.011	/	267780.0155
=	35.06

PT NFC Indonesia 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 )
=	1887580.483	/ (	(249956.738	+	218111.694)	/	2 )
=	1887580.483	/	234034.216
=	8.07

PT NFC Indonesia Tbk (ISX:NFCX) 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 NFC 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
	=	234034.216	/	1887580.483	*	365 / 4
	=	11.31

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 NFC Indonesia 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 )
	=	234034.216	/	1930383.04
	=	0.12

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 NFC Indonesia Tbk Inventory Turnover Related Terms

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PT NFC Indonesia Tbk (ISX:NFCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PT NFC Indonesia Tbk (ISX:NFCX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Gatot Subroto Kav. 1-3, Mangkuluhur City 1, 7th Floor, Karet Semanggi, Daerah Khusus, Jakarta, IDN, 12930

Website

https://www.nfcindonesia.id

PT NFC Indonesia Tbk provides internet software services. The company offers a digital exchange platform to its users. The company's segments include Digital Product Aggregators, Digital Cloud Advertisement, Clean Energy Products and Services, Digital Wholesale, and Integrated Content and Entertainment. The firm derives the majority of revenue from the Digital Product Aggregator segment.

PT NFC Indonesia Tbk (ISX:NFCX) Headlines

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