PT Tunas Baru Lampung Tbk (ISX:TBLA) Inventory Turnover : 0.74 (As of Mar. 2024)

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What is PT Tunas Baru Lampung 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 Tunas Baru Lampung Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp3,623,133 Mil. PT Tunas Baru Lampung Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp4,864,684 Mil. PT Tunas Baru Lampung Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Tunas Baru Lampung Tbk's Days Inventory for the three months ended in Mar. 2024 was 122.52.

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 Tunas Baru Lampung Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.11.

PT Tunas Baru Lampung Tbk Inventory Turnover Historical Data

The historical data trend for PT Tunas Baru Lampung 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 Tunas Baru Lampung Tbk Inventory Turnover Chart

PT Tunas Baru Lampung Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.50

3.08

4.46

3.16

2.27

PT Tunas Baru Lampung 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															0.74	0.66	0.68	0.52	0.74

PT Tunas Baru Lampung Tbk Inventory Turnover Calculation

PT Tunas Baru Lampung 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 )
=	12396300	/ (	(5298796	+	5623005)	/	2 )
=	12396300	/	5460900.5
=	2.27

PT Tunas Baru Lampung 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 )
=	3623133	/ (	(5623005	+	4106363)	/	2 )
=	3623133	/	4864684
=	0.74

PT Tunas Baru Lampung Tbk (ISX:TBLA) 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 Tunas Baru Lampung 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
	=	4864684	/	3623133	*	365 / 4
	=	122.52

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 Tunas Baru Lampung 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 )
	=	4864684	/	4389429
	=	1.11

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 Tunas Baru Lampung Tbk Inventory Turnover Related Terms

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PT Tunas Baru Lampung Tbk (ISX:TBLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Tunas Baru Lampung Tbk (ISX:TBLA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

T2L:Germany

Address

Jalan HR Rasuna Said Kav C-6, Wisma Budi Floor 8-9, Jakarta Selatan, Jakarta, IDN, 12940

Website

https://www.tunasbarulampung.com

PT Tunas Baru Lampung Tbk is an Indonesian company engaged in the business of manufacturing of palm cooking oil, sugar, crude palm oil, soap, and biodiesel, and in the palm, and sugar cane plantations. The company also produces crude coconut oil, stearine, crude palm oil, pal kernel oil, other consumer products such as cream soap and laundry soap. It operates through two business segments namely Plantations and Manufacturing. The company's product brands include Gunung Agung, Bumi Waras, Rossy, Tawon, Burung Merak, Kompas, Segar, and Rose Brand. It generates maximum revenue from the Manufacturing segment.