First Philippine Holdings (PHS:FPH) Inventory-to-Revenue : 1.13 (As of Mar. 2024)

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What is First Philippine Holdings Inventory-to-Revenue?

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. First Philippine Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱44,370 Mil. First Philippine Holdings's Revenue for the three months ended in Mar. 2024 was ₱39,125 Mil. First Philippine Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.13.

First Philippine Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.02) to Dec. 2023 (1.13)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Philippine Holdings's Days Inventory for the three months ended in Mar. 2024 was 161.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Philippine Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.

First Philippine Holdings Inventory-to-Revenue Historical Data

The historical data trend for First Philippine Holdings's Inventory-to-Revenue 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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First Philippine Holdings Inventory-to-Revenue Chart

First Philippine Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.15

0.21

0.22

0.19

0.24

First Philippine Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.82	0.85	0.94	1.02	1.13

Competitive Comparison of First Philippine Holdings's Inventory-to-Revenue

For the Utilities - Regulated Electric subindustry, First Philippine Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

First Philippine Holdings's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where First Philippine Holdings's Inventory-to-Revenue falls into.

First Philippine Holdings Inventory-to-Revenue Calculation

First Philippine Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (34744	+	42768)	/	2 )	/	164952
=	38756					/	164952
=	0.23

First Philippine Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (42768	+	45972)	/	2 )	/	39125
=	44370					/	39125
=	1.13

First Philippine Holdings (PHS:FPH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

First Philippine Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	44370	/	25103	*	365 / 4
	=	161.29

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

First Philippine Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	25103	/	44370
	=	0.57

First Philippine Holdings Inventory-to-Revenue Related Terms

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First Philippine Holdings (PHS:FPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » First Philippine Holdings Corp (PHS:FPH) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

FPHPC.PFD:Philippines

Address

Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604

Website

https://www.fphc.com

First Philippine Holdings Corporation, or FPH, is a Filipino holding company involved in the purchasing and acquiring of shares in energy, real estate, manufacturing, construction, and engineering companies. FPH segments its activities into Power Generation, Real Estate Development, and Energy Solutions and Construction Services business units. The company's Power Generation division generates and distributes electricity. With its primary energy subsidiaries, First Gen Corporation and Energy Development Corporation, FPH operates a portfolio of natural gas-fired, hydroelectric, geothermal, wind, and solar power plants. The company derives the vast majority of its revenue from the sale of electricity. Principally all of FPH's operations take place in the Philippines.