SM Prime Holdings (PHS:SMPH) Days Inventory : 380.31 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is SM Prime Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SM Prime Holdings's Average Total Inventories for the three months ended in Dec. 2023 was ₱78,094 Mil. SM Prime Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱18,738 Mil. Hence, SM Prime Holdings's Days Inventory for the three months ended in Dec. 2023 was 380.31.

The historical rank and industry rank for SM Prime Holdings's Days Inventory or its related term are showing as below:

PHS:SMPH' s Days Inventory Range Over the Past 10 Years
Min: 223.09 Med: 252.74 Max: 412.68
Current: 405.41

During the past 13 years, SM Prime Holdings's highest Days Inventory was 412.68. The lowest was 223.09. And the median was 252.74.

PHS:SMPH's Days Inventory is ranked better than
62.76% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs PHS:SMPH: 405.41

SM Prime Holdings's Days Inventory increased from Dec. 2022 (368.29) to Dec. 2023 (380.31). It might indicate that SM Prime Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SM Prime Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.24.

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. SM Prime Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.20.

SM Prime Holdings Days Inventory Historical Data

The historical data trend for SM Prime Holdings'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.

SM Prime Holdings Days Inventory Chart

SM Prime Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

243.62

305.46

369.50

412.68

407.59

SM Prime Holdings 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															368.29	440.10	408.03	398.33	380.31

Competitive Comparison of SM Prime Holdings's Days Inventory

For the Real Estate - Diversified subindustry, SM Prime Holdings'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.

SM Prime Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SM Prime Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where SM Prime Holdings's Days Inventory falls into.

SM Prime Holdings Days Inventory Calculation

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

SM Prime Holdings'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
=	( (70924.386	+	78307.404)	/	2 )	/	66818.3	*	365
=	74615.895					/	66818.3	*	365
=	407.59

SM Prime Holdings'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
=	( (77881.232	+	78307.404)	/	2 )	/	18737.642	*	365 / 4
=	78094.318					/	18737.642	*	365 / 4
=	380.31

SM Prime Holdings (PHS:SMPH) 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.

SM Prime Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18737.642	/	78094.318
	=	0.24

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.

SM Prime Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	78094.318	/	35494.668
	=	2.20

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.

SM Prime Holdings Days Inventory Related Terms

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

SM Prime Holdings (PHS:SMPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SM Prime Holdings Inc (PHS:SMPH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SPHXF:USA

Address

Coral Way cor. J.W. Diokno Boulevard, 10th Floor, Mall of Asia Arena Annex Building, Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay, PHL, 1300

Website

https://www.smprime.com

SM Prime Holdings Inc is an integrated property developer in Southeast Asia. Through subsidiaries and business units, it sells affordable condominium units and develops and leases office buildings in Metro Manila. It also houses a unit that develops and manages hotel and convention centers across the Philippines. Residential properties are strategically offered near business and lifestyle districts and provide a host of amenities at prices that cater to the middle market. Malls are the leading revenue provider and are equipped to handle thousands of residents in addition to cinema operations.

SM Prime Holdings (PHS:SMPH) Headlines

No Headlines