Filinvest Development (PHS:FDC) Days Inventory : 690.41 (As of Dec. 2023)

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What is Filinvest Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Filinvest Development's Average Total Inventories for the three months ended in Dec. 2023 was ₱82,672 Mil. Filinvest Development's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱10,926 Mil. Hence, Filinvest Development's Days Inventory for the three months ended in Dec. 2023 was 690.41.

The historical rank and industry rank for Filinvest Development's Days Inventory or its related term are showing as below:

PHS:FDC' s Days Inventory Range Over the Past 10 Years
Min: 484.6 Med: 840.6 Max: 1289.93
Current: 842.88

During the past 13 years, Filinvest Development's highest Days Inventory was 1289.93. The lowest was 484.60. And the median was 840.60.

PHS:FDC's Days Inventory is ranked worse than
97.33% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs PHS:FDC: 842.88

Filinvest Development's Days Inventory declined from Dec. 2022 (970.09) to Dec. 2023 (690.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Filinvest Development's Inventory Turnover for the three months ended in Dec. 2023 was 0.13.

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. Filinvest Development's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.41.

Filinvest Development Days Inventory Historical Data

The historical data trend for Filinvest Development'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.

Filinvest Development Days Inventory Chart

Filinvest Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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852.77

1,289.89

1,289.93

1,089.76

828.42

Filinvest Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															970.09	899.87	859.73	985.79	690.41

Competitive Comparison of Filinvest Development's Days Inventory

For the Conglomerates subindustry, Filinvest Development'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.

Filinvest Development's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Filinvest Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Filinvest Development's Days Inventory falls into.

Filinvest Development Days Inventory Calculation

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

Filinvest Development'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
=	( (81976.03	+	82670.185)	/	2 )	/	36271.226	*	365
=	82323.1075					/	36271.226	*	365
=	828.42

Filinvest Development'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
=	( (82673.1	+	82670.185)	/	2 )	/	10926.473	*	365 / 4
=	82671.6425					/	10926.473	*	365 / 4
=	690.41

Filinvest Development (PHS:FDC) 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.

Filinvest Development's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10926.473	/	82671.6425
	=	0.13

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.

Filinvest Development's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	82671.6425	/	24261.55
	=	3.41

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.

Filinvest Development Days Inventory Related Terms

Thank you for viewing the detailed overview of Filinvest Development's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Filinvest Development (PHS:FDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Filinvest Development Corp (PHS:FDC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634

Website

https://www.filinvestgroup.com

Filinvest Development Corp is a Philippines-based company which focuses on diverse business such as real estate development and leasing, hospitality operations, banking and financial services, power and utility operations, sugar cane farming, milling and sugar trading. Majority of its revenue generating operating segments are Real estate and hospitality which is involved in acquisition of land, planning and development of large-scale fully integrated residential and commercial communities; development and sale of residential and commercial lots; Sugar Operations which involves purchase of raw sugar, refined sugar and molasses from Davao Sugar Central Company, Inc. and Cotabato Sugar Central Company, Inc., subsidiaries of PSHC, and sale to third parties.