JG Summit Holdings (PHS:JGS) Days Inventory : 138.94 (As of Mar. 2024)

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What is JG Summit Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JG Summit Holdings's Average Total Inventories for the three months ended in Mar. 2024 was ₱101,195 Mil. JG Summit Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱66,459 Mil. Hence, JG Summit Holdings's Days Inventory for the three months ended in Mar. 2024 was 138.94.

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

PHS:JGS' s Days Inventory Range Over the Past 10 Years
Min: 56.68 Med: 130.01 Max: 192.3
Current: 143.89

During the past 13 years, JG Summit Holdings's highest Days Inventory was 192.30. The lowest was 56.68. And the median was 130.01.

PHS:JGS's Days Inventory is ranked worse than
77.28% of 449 companies
in the Conglomerates industry
Industry Median: 71.86 vs PHS:JGS: 143.89

JG Summit Holdings's Days Inventory declined from Mar. 2023 (146.74) to Mar. 2024 (138.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. JG Summit Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.

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. JG Summit Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.05.

JG Summit Holdings Days Inventory Historical Data

The historical data trend for JG Summit 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.

JG Summit Holdings Days Inventory Chart

JG Summit Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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135.43

192.30

175.24

136.55

147.75

JG Summit Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															146.74	156.38	140.85	138.66	138.94

Competitive Comparison of JG Summit Holdings's Days Inventory

For the Conglomerates subindustry, JG Summit 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.

JG Summit Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, JG Summit Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where JG Summit Holdings's Days Inventory falls into.

JG Summit Holdings Days Inventory Calculation

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

JG Summit 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
=	( (92257.403	+	100023.286)	/	2 )	/	237507.58	*	365
=	96140.3445					/	237507.58	*	365
=	147.75

JG Summit Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (100023.286	+	102366.086)	/	2 )	/	66459.139	*	365 / 4
=	101194.686					/	66459.139	*	365 / 4
=	138.94

JG Summit Holdings (PHS:JGS) 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.

JG Summit Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	66459.139	/	101194.686
	=	0.66

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.

JG Summit Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	101194.686	/	96742.044
	=	1.05

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.

JG Summit Holdings Days Inventory Related Terms

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

JG Summit Holdings (PHS:JGS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » JG Summit Holdings Inc (PHS:JGS) » Definitions » Days Inventory

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JGSHF:USA

Address

ADB Avenue Corner, Poveda Road, 43rd Floor, Robinsons-Equitable Tower, Ortigas Center, Metro Manila, Pasig City, RIZ, PHL, 1600

Website

https://www.jgsummit.com.ph

JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in foods, agro-industrial and commodities, real estate and hotel, air transportation, banking and petrochemicals. The company also has investments in telecommunications and power generation and distribution. It also has a branded consumer foods business in China, ASEAN and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, but primarily in and around Metro Manila and in the regions of Luzon, Visayas and Mindanao.

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