Synergy Grid & Development Philippines (PHS:SGP) Days Inventory : 25.80 (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Synergy Grid & Development Philippines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synergy Grid & Development Philippines's Average Total Inventories for the three months ended in Dec. 2023 was ₱3,845 Mil. Synergy Grid & Development Philippines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱13,597 Mil. Hence, Synergy Grid & Development Philippines's Days Inventory for the three months ended in Dec. 2023 was 25.80.

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

PHS:SGP' s Days Inventory Range Over the Past 10 Years
Min: 24.68 Med: 56.06 Max: 116
Current: 25.1

During the past 13 years, Synergy Grid & Development Philippines's highest Days Inventory was 116.00. The lowest was 24.68. And the median was 56.06.

PHS:SGP's Days Inventory is ranked better than
82.63% of 449 companies
in the Conglomerates industry
Industry Median: 72.34 vs PHS:SGP: 25.10

Synergy Grid & Development Philippines's Days Inventory declined from Dec. 2022 (28.91) to Dec. 2023 (25.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Synergy Grid & Development Philippines's Inventory Turnover for the three months ended in Dec. 2023 was 3.54.

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. Synergy Grid & Development Philippines's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.

Synergy Grid & Development Philippines Days Inventory Historical Data

The historical data trend for Synergy Grid & Development Philippines'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.

Synergy Grid & Development Philippines Days Inventory Chart

Synergy Grid & Development Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

116.00

77.00

35.12

24.68

Synergy Grid & Development Philippines 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															28.91	24.36	19.90	34.73	25.80

Competitive Comparison of Synergy Grid & Development Philippines's Days Inventory

For the Conglomerates subindustry, Synergy Grid & Development Philippines'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.

Synergy Grid & Development Philippines's Days Inventory Distribution in the Conglomerates Industry

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

* The bar in red indicates where Synergy Grid & Development Philippines's Days Inventory falls into.

Synergy Grid & Development Philippines Days Inventory Calculation

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

Synergy Grid & Development Philippines'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
=	( (3894.77	+	3796.04)	/	2 )	/	56863.638	*	365
=	3845.405					/	56863.638	*	365
=	24.68

Synergy Grid & Development Philippines'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
=	( (3893.631	+	3796.04)	/	2 )	/	13596.596	*	365 / 4
=	3844.8355					/	13596.596	*	365 / 4
=	25.80

Synergy Grid & Development Philippines (PHS:SGP) 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.

Synergy Grid & Development Philippines's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13596.596	/	3844.8355
	=	3.54

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.

Synergy Grid & Development Philippines's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3844.8355	/	26774.752
	=	0.14

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.

Synergy Grid & Development Philippines Days Inventory Related Terms

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

Synergy Grid & Development Philippines (PHS:SGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Synergy Grid & Development Philippines Inc (PHS:SGP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Condominium Pearl Drive, 1607, 16th Floor, Tycoon Center Building, Metro Manila, Pasig, PHL, 1605

Website

https://www.synergygrid.ph

Synergy Grid & Development Philippines Inc is engaged in providing management consulting and financial advisory services. It also derives its income from Interest income from cash deposits with the bank and short-term money placements and Dividend income from the National Grid Corporation of the Philippines. The Group has only one operating segment which is the transmission business.

Synergy Grid & Development Philippines (PHS:SGP) Headlines

No Headlines