PT Citatah Tbk (ISX:CTTH) Inventory Turnover : 0.10 (As of Mar. 2024)

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What is PT Citatah 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 Citatah Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp30,939 Mil. PT Citatah Tbk's Average Total Inventories for the quarter that ended in Mar. 2024 was Rp309,557 Mil. PT Citatah Tbk's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Citatah Tbk's Days Inventory for the three months ended in Mar. 2024 was 912.99.

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 Citatah Tbk's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 8.28.

PT Citatah Tbk Inventory Turnover Historical Data

The historical data trend for PT Citatah 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 Citatah Tbk Inventory Turnover Chart

PT Citatah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.38

0.27

0.22

0.28

0.21

PT Citatah 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															0.07	0.01	0.06	0.07	0.10

PT Citatah Tbk Inventory Turnover Calculation

PT Citatah 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 )
=	64470.404	/ (	(312332.239	+	313969.878)	/	2 )
=	64470.404	/	313151.0585
=	0.21

PT Citatah 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 )
=	30939.001	/ (	(313969.878	+	305144.727)	/	2 )
=	30939.001	/	309557.3025
=	0.10

PT Citatah Tbk (ISX:CTTH) 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 Citatah 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
	=	309557.3025	/	30939.001	*	365 / 4
	=	912.99

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 Citatah 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 )
	=	309557.3025	/	37387.266
	=	8.28

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 Citatah Tbk Inventory Turnover Related Terms

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PT Citatah Tbk (ISX:CTTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Citatah Tbk (ISX:CTTH) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jl. Tarum Timur Number 64, Desa Tamelang, Kecamatan Purwasari, Jawa Barat, Karawang, IDN, 41373

Website

https://www.citatah.co.id

PT Citatah Tbk is an Indonesia-based company, engaged in quarrying, processing, and production of marble in Indonesia. It offers provides excellent end-to-end service from sourcing and designing to the installation of high-quality natural stone products. The company operates through Limestone and Imported Building Materials segments. Apart from being a producer of high-quality marble, Citatah also provides a wide range of exquisite imported natural stones. It also acts as the sole and exclusive distributor of many prestigious international brands for interior and exterior finishes products. It generates the majority of its revenue from Indonesia.