Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Inventory Turnover : 1.03 (As of Mar. 2024)

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What is Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp151,515 Mil. Pt Vktr Teknologi Mobilitas Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp146,532 Mil. Pt Vktr Teknologi Mobilitas Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pt Vktr Teknologi Mobilitas Tbk's Days Inventory for the three months ended in Mar. 2024 was 88.25.

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 Vktr Teknologi Mobilitas Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.

Pt Vktr Teknologi Mobilitas Tbk Inventory Turnover Historical Data

The historical data trend for Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk Inventory Turnover Chart

Pt Vktr Teknologi Mobilitas Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

4.52

4.63

6.41

7.15

Pt Vktr Teknologi Mobilitas Tbk Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial					2.49	2.13	1.77	0.85	1.03

Pt Vktr Teknologi Mobilitas Tbk Inventory Turnover Calculation

Pt Vktr Teknologi Mobilitas 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 )
=	848470	/ (	(94770	+	142444)	/	2 )
=	848470	/	118607
=	7.15

Pt Vktr Teknologi Mobilitas 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 )
=	151515	/ (	(142444	+	150620)	/	2 )
=	151515	/	146532
=	1.03

Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) 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 Vktr Teknologi Mobilitas 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
	=	146532	/	151515	*	365 / 4
	=	88.25

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 Vktr Teknologi Mobilitas 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 )
	=	146532	/	205077
	=	0.71

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 Vktr Teknologi Mobilitas Tbk Inventory Turnover Related Terms

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Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl.H.R Rasuna Said, Bakrie Tower 35 floor, Rasuna Epicentrum, Jakarta, IDN, 12940

Website

https://www.vktr.id

Pt Vktr Teknologi Mobilitas Tbk is engaged in wholesale trading of new cars and new motorcycles in the form of Battery-Based Electric Motorized Vehicles (KBLBB), spare parts components, car accessories, and the car body industry for four-wheeled or more motorized vehicles, battery-based electric motorized vehicles, two- and three-wheeled motorcycles and the iron and steel foundry industry, industry of spare parts and accessories for four-wheeled or more motorized vehicles through Subsidiaries.

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