PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Inventory Turnover : 0.99 (As of Dec. 2023)

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What is PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.5 Mil. PT Tower Bersama Infrastructure Tbk's Average Total Inventories for the quarter that ended in Dec. 2023 was $34.9 Mil. PT Tower Bersama Infrastructure Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Tower Bersama Infrastructure Tbk's Days Inventory for the three months ended in Dec. 2023 was 92.37.

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 Tower Bersama Infrastructure Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

PT Tower Bersama Infrastructure Tbk Inventory Turnover Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Inventory Turnover Chart

PT Tower Bersama Infrastructure Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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45.72

16.04

8.51

4.09

3.31

PT Tower Bersama Infrastructure Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.59	0.67	0.57	1.11	0.99

PT Tower Bersama Infrastructure Tbk Inventory Turnover Calculation

PT Tower Bersama Infrastructure 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 )
=	123.404	/ (	(39.518	+	34.979)	/	2 )
=	123.404	/	37.2485
=	3.31

PT Tower Bersama Infrastructure Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	34.516	/ (	(34.902	+	34.979)	/	2 )
=	34.516	/	34.9405
=	0.99

PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) 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 Tower Bersama Infrastructure Tbk's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	34.9405	/	34.516	*	365 / 4
	=	92.37

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 Tower Bersama Infrastructure Tbk's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	34.9405	/	109.484
	=	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 Tower Bersama Infrastructure Tbk Inventory Turnover Related Terms

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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) » Definitions » Inventory Turnover

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TBIG:Indonesia

Address

Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940

Website

https://www.tower-bersama.com

PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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