Metro Pacific Investments (PHS:MPI) Inventory Turnover : 1.49 (As of Jun. 2023)

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What is Metro Pacific Investments 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. Metro Pacific Investments's Cost of Goods Sold for the three months ended in Jun. 2023 was ₱5,437 Mil. Metro Pacific Investments's Average Total Inventories for the quarter that ended in Jun. 2023 was ₱3,655 Mil. Metro Pacific Investments's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metro Pacific Investments's Days Inventory for the three months ended in Jun. 2023 was 61.34.

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. Metro Pacific Investments's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.24.

Metro Pacific Investments Inventory Turnover Historical Data

The historical data trend for Metro Pacific Investments'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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Metro Pacific Investments Inventory Turnover Chart

Metro Pacific Investments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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4.03

5.22

8.75

21.11

6.10

Metro Pacific Investments Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															1.99	1.65	1.24	1.70	1.49

Metro Pacific Investments Inventory Turnover Calculation

Metro Pacific Investments's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	19818	/ (	(0	+	3247)	/	1 )
=	19818	/	3247
=	6.10

Metro Pacific Investments's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	5437	/ (	(0	+	3655)	/	1 )
=	5437	/	3655
=	1.49

Metro Pacific Investments (PHS:MPI) 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.

Metro Pacific Investments's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	3655	/	5437	*	365 / 4
	=	61.34

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.

Metro Pacific Investments's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	3655	/	15232
	=	0.24

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.

Metro Pacific Investments Inventory Turnover Related Terms

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Metro Pacific Investments (PHS:MPI) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Metro Pacific Investments Corp (PHS:MPI) » Definitions » Inventory Turnover

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Address

Ortigas Avenue, 9th Floor, Tower 1, Rockwell Business Center, Pasig City, PHL, 1604

Website

https://www.mpic.com.ph

Metro Pacific Investments Corp is an investment and infrastructure holding company. The company operates in the northern Philippines through various subsidiaries. Its chief segments include water, which supplies water and sewage services; power, which focuses on the distribution of energy; toll roads; light rail, which maintains rail transit and construction; and logistics, which manages warehousing, delivery, trucking, and shipping. The majority of the company's revenue is derived from its water and power segments. The company provides services for commercial, industrial, and residential customers.

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