2Go Group (PHS:2GO) Change In Inventory : ₱115 Mil (TTM As of Mar. 2023)

View and export this data going back to 1995. Start your Free Trial

What is 2Go Group Change In Inventory?

2Go Group's change in inventory for the quarter that ended in Mar. 2023 was ₱86 Mil. It means 2Go Group's inventory declined by ₱86 Mil from Dec. 2022 to Mar. 2023 .

2Go Group's change in inventory for the fiscal year that ended in Dec. 2022 was ₱20 Mil. It means 2Go Group's inventory declined by ₱20 Mil from Dec. 2021 to Dec. 2022 .

2Go Group's Total Inventories for the quarter that ended in Mar. 2023 was ₱427 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 2Go Group's Days Inventory for the quarter that ended in Mar. 2023 was 9.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. 2Go Group's Inventory Turnover for the quarter that ended in Mar. 2023 was 9.74.

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. 2Go Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.09.

2Go Group Change In Inventory Historical Data

The historical data trend for 2Go Group's Change In 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.

2Go Group Change In Inventory Chart

2Go Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

Get a 7-Day Free Trial

-74.72

-193.99

137.94

141.40

19.69

2Go Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Inventory	Get a 7-Day Free Trial															-9.14	94.60	-76.78	11.01	85.83

2Go Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱115 Mil.

2Go Group (PHS:2GO) Change In Inventory Explanation

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

2Go Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	469.86	/	4577.831	*	365 / 4
	=	9.37

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

2Go Group's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4577.831	/	469.86
	=	9.74

3. 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.

2Go Group's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	469.86	/	5156.739
	=	0.09

2Go Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of 2Go Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

2Go Group (PHS:2GO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » 2Go Group Inc (PHS:2GO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Macapagal Boulevard, 8th Floor Double Dragon Plaza, Tower 1, corner EDSA Extension, Pasay, PHL, 1302

Website

https://www.2go.com.ph

2Go Group Inc is a Philippines-based logistics provider. The group owns and operates successful brands such as 2GO Travel, 2GO Freight, 2GO Express, and 2GO Logistics, offering an array of logistics and travel services. The business functions throughout the Philippines and it offers services such as international shipping, international freight forwarding, customs clearance, domestic shipping, freight and travel, warehousing, land transport, express, projects, and trade. Its reporting segments involve the shipping segment which t provides ocean-going transportation of passengers, rolling cargo, and freight cargo and the non-shipping segment provides logistics, sale of goods, supply chain management, and other services.

2Go Group (PHS:2GO) Headlines

No Headlines