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PT Merdeka Battery Materials Tbk (ISX:MBMA) Days Inventory : 56.87 (As of Dec. 2023)


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What is PT Merdeka Battery Materials Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Merdeka Battery Materials Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp4,211,952 Mil. PT Merdeka Battery Materials Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp6,758,310 Mil. Hence, PT Merdeka Battery Materials Tbk's Days Inventory for the three months ended in Dec. 2023 was 56.87.

The historical rank and industry rank for PT Merdeka Battery Materials Tbk's Days Inventory or its related term are showing as below:

ISX:MBMA' s Days Inventory Range Over the Past 10 Years
Min: 53.72   Med: 61.88   Max: 174
Current: 174

During the past 5 years, PT Merdeka Battery Materials Tbk's highest Days Inventory was 174.00. The lowest was 53.72. And the median was 61.88.

ISX:MBMA's Days Inventory is ranked worse than
80.45% of 660 companies
in the Metals & Mining industry
Industry Median: 88.655 vs ISX:MBMA: 174.00

PT Merdeka Battery Materials Tbk's Days Inventory increased from Dec. 2021 (0.00) to Dec. 2023 (56.87). It might indicate that PT Merdeka Battery Materials Tbk's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Merdeka Battery Materials Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 1.60.

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 Merdeka Battery Materials Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.60.

PT Merdeka Battery Materials Tbk Days Inventory Historical Data

The historical data trend for PT Merdeka Battery Materials Tbk's Days Inventory 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.

* Premium members only.

PT Merdeka Battery Materials Tbk Days Inventory Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - 70.03 53.72

PT Merdeka Battery Materials Tbk Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial - - 42.82 - 56.87

Competitive Comparison of PT Merdeka Battery Materials Tbk's Days Inventory

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Merdeka Battery Materials Tbk's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Merdeka Battery Materials Tbk's Days Inventory falls into.


PT Merdeka Battery Materials Tbk Days Inventory Calculation

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

PT Merdeka Battery Materials Tbk's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1241412.834 + 4435119.482) / 2 ) / 19283079.252*365
=2838266.158 / 19283079.252*365
=53.72

PT Merdeka Battery Materials Tbk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3988784.019 + 4435119.482) / 2 ) / 6758309.606*365 / 4
=4211951.7505 / 6758309.606*365 / 4
=56.87

* 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.

PT Merdeka Battery Materials Tbk  (ISX:MBMA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

PT Merdeka Battery Materials Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6758309.606 / 4211951.7505
=1.60

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 Merdeka Battery Materials Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4211951.7505 / 7006013.779
=0.60

* 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

PT Merdeka Battery Materials Tbk Days Inventory Related Terms

Thank you for viewing the detailed overview of PT Merdeka Battery Materials Tbk's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Merdeka Battery Materials Tbk (ISX:MBMA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Merdeka Battery Materials Tbk (ISX:MBMA) » Definitions » Days Inventory
Comparable Companies
BOM:526905 BOM:524434 BOM:504092 BOM:532853 BOM:543207 BOM:539800 BOM:530627 BOM:500089 NSE:AMBANIORG BOM:531163 ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES JSE:IMP TSX:TFPM HL JSE:NPH LIM:BUENAVC1
Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 52–53, Treasury Tower, 69th Floor, District 8 SCBD Lot. 28, Jakarta Selatan, Jakarta, IDN, 12190
Website
https://www.merdekabattery.com
PT Merdeka Battery Materials Tbk is a metal and mineral mining holding company. It explores, extracts, and produces gold, silver, copper, and other minerals through subsidiaries spread across three islands in Indonesia.

PT Merdeka Battery Materials Tbk (ISX:MBMA) Headlines

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