SSI Group (PHS:SSI) Days Inventory : 208.50 (As of Dec. 2023)

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What is SSI Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SSI Group's Average Total Inventories for the three months ended in Dec. 2023 was ₱10,691 Mil. SSI Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱4,679 Mil. Hence, SSI Group's Days Inventory for the three months ended in Dec. 2023 was 208.50.

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

PHS:SSI' s Days Inventory Range Over the Past 10 Years
Min: 188.96 Med: 348.36 Max: 495.77
Current: 223.19

During the past 13 years, SSI Group's highest Days Inventory was 495.77. The lowest was 188.96. And the median was 348.36.

PHS:SSI's Days Inventory is ranked worse than
81.05% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs PHS:SSI: 223.19

SSI Group's Days Inventory increased from Dec. 2022 (146.77) to Dec. 2023 (208.50). It might indicate that SSI Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SSI Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.44.

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. SSI Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.22.

SSI Group Days Inventory Historical Data

The historical data trend for SSI Group'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.

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SSI Group Days Inventory Chart

SSI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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294.48

495.77

316.95

188.96

202.85

SSI Group 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															146.77	202.15	253.34	254.71	208.50

Competitive Comparison of SSI Group's Days Inventory

For the Apparel Retail subindustry, SSI Group'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.

SSI Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SSI Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where SSI Group's Days Inventory falls into.

SSI Group Days Inventory Calculation

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

SSI Group'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
=	( (6955.408	+	9892.333)	/	2 )	/	15157.659	*	365
=	8423.8705					/	15157.659	*	365
=	202.85

SSI Group'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
=	( (11490.385	+	9892.333)	/	2 )	/	4679.003	*	365 / 4
=	10691.359					/	4679.003	*	365 / 4
=	208.50

SSI Group (PHS:SSI) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4679.003	/	10691.359
	=	0.44

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10691.359	/	8773.432
	=	1.22

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.

SSI Group Days Inventory Related Terms

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

SSI Group (PHS:SSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SSI Group Inc (PHS:SSI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200

Website

https://www.ssigroup.com.ph

SSI Group Inc together with its subsidiaries operates specialty retail stores in the Philippines. The company operates the retail network of more than 524 stores located within approximately 80 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides luxury and bridge apparel, casual wear and fast fashion, footwear, accessories and luggage, food, home and decor, and beauty and personal care products. Geographically, the company derives revenue from Philippines.

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