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President Chain Store (TPE:2912) Days Inventory : 38.20 (As of Mar. 2024)


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What is President Chain Store Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). President Chain Store's Average Total Inventories for the three months ended in Mar. 2024 was NT$22,437 Mil. President Chain Store's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$53,590 Mil. Hence, President Chain Store's Days Inventory for the three months ended in Mar. 2024 was 38.20.

The historical rank and industry rank for President Chain Store's Days Inventory or its related term are showing as below:

TPE:2912' s Days Inventory Range Over the Past 10 Years
Min: 27.51   Med: 32.88   Max: 39.4
Current: 35.99

During the past 13 years, President Chain Store's highest Days Inventory was 39.40. The lowest was 27.51. And the median was 32.88.

TPE:2912's Days Inventory is ranked better than
50% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.995 vs TPE:2912: 35.99

President Chain Store's Days Inventory declined from Mar. 2023 (38.59) to Mar. 2024 (38.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. President Chain Store's Inventory Turnover for the three months ended in Mar. 2024 was 2.39.

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. President Chain Store's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.28.


President Chain Store Days Inventory Historical Data

The historical data trend for President Chain Store'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.

President Chain Store Days Inventory Chart

President Chain Store Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.40 34.59 36.66 38.01 39.40

President Chain Store 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.59 35.29 33.48 37.16 38.20

Competitive Comparison of President Chain Store's Days Inventory

For the Grocery Stores subindustry, President Chain Store'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.


President Chain Store's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Days Inventory distribution charts can be found below:

* The bar in red indicates where President Chain Store's Days Inventory falls into.



President Chain Store Days Inventory Calculation

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

President Chain Store'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
=( (21670.453 + 23427.376) / 2 ) / 208869.628*365
=22548.9145 / 208869.628*365
=39.40

President Chain Store'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
=( (23427.376 + 21447.248) / 2 ) / 53590.397*365 / 4
=22437.312 / 53590.397*365 / 4
=38.20

* 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.


President Chain Store  (TPE:2912) 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.

President Chain Store's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

President Chain Store's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=22437.312 / 81070.782
=0.28

* 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.


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.


President Chain Store Days Inventory Related Terms

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President Chain Store (TPE:2912) Business Description

Traded in Other Exchanges
N/A
Address
65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 110
President Chain Store Corp., or PCSC, was established in 1978 and is 45% held by its parent, Uni-President Enterprises. The company operates 7-Eleven along with other retail businesses such as drug stores (COSMED), department stores, bakery, restaurants, and Starbucks in Taiwan. The company also runs 7-Eleven in Shanghai, Zhejiang, and the Philippines.

President Chain Store (TPE:2912) Headlines

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