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Jollibee Foods (PHS:JFC) Days Inventory : 21.09 (As of Dec. 2023)


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What is Jollibee Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jollibee Foods's Average Total Inventories for the three months ended in Dec. 2023 was ₱12,388 Mil. Jollibee Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱53,591 Mil. Hence, Jollibee Foods's Days Inventory for the three months ended in Dec. 2023 was 21.09.

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

PHS:JFC' s Days Inventory Range Over the Past 10 Years
Min: 21.56   Med: 24.41   Max: 28.8
Current: 25.69

During the past 13 years, Jollibee Foods's highest Days Inventory was 28.80. The lowest was 21.56. And the median was 24.41.

PHS:JFC's Days Inventory is ranked worse than
67.06% of 337 companies
in the Restaurants industry
Industry Median: 15.46 vs PHS:JFC: 25.69

Jollibee Foods's Days Inventory declined from Dec. 2022 (29.34) to Dec. 2023 (21.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jollibee Foods's Inventory Turnover for the three months ended in Dec. 2023 was 4.33.

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. Jollibee Foods's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.19.


Jollibee Foods Days Inventory Historical Data

The historical data trend for Jollibee Foods'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.

Jollibee Foods Days Inventory Chart

Jollibee Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.81 28.80 25.27 27.80 27.21

Jollibee Foods 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.34 32.66 25.53 23.02 21.09

Competitive Comparison of Jollibee Foods's Days Inventory

For the Restaurants subindustry, Jollibee Foods'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.


Jollibee Foods's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jollibee Foods's Days Inventory falls into.



Jollibee Foods Days Inventory Calculation

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

Jollibee Foods'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
=( (17297.648 + 12340.206) / 2 ) / 198806.694*365
=14818.927 / 198806.694*365
=27.21

Jollibee Foods'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
=( (12436.579 + 12340.206) / 2 ) / 53590.595*365 / 4
=12388.3925 / 53590.595*365 / 4
=21.09

* 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.


Jollibee Foods  (PHS:JFC) 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.

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

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=12388.3925 / 66653.34
=0.19

* 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.


Jollibee Foods Days Inventory Related Terms

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


Jollibee Foods (PHS:JFC) Business Description

Traded in Other Exchanges
Address
10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605
Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (PHS:JFC) Headlines

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