MerryMart Consumer (PHS:MM) Inventory Turnover : 0.58 (As of Mar. 2024)

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What is MerryMart Consumer Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. MerryMart Consumer's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱1,591 Mil. MerryMart Consumer's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱2,743 Mil. MerryMart Consumer's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MerryMart Consumer's Days Inventory for the three months ended in Mar. 2024 was 157.32.

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. MerryMart Consumer's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.45.

MerryMart Consumer Inventory Turnover Historical Data

The historical data trend for MerryMart Consumer's Inventory Turnover 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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MerryMart Consumer Inventory Turnover Chart

MerryMart Consumer Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.45

6.83

3.11

2.47

2.25

MerryMart Consumer Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.45	0.53	0.54	0.20	0.58

MerryMart Consumer Inventory Turnover Calculation

MerryMart Consumer's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	5486.636	/ (	(2131.993	+	2744.017)	/	2 )
=	5486.636	/	2438.005
=	2.25

MerryMart Consumer's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1590.924	/ (	(2744.017	+	2741.549)	/	2 )
=	1590.924	/	2742.783
=	0.58

MerryMart Consumer (PHS:MM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

MerryMart Consumer'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
	=	2742.783	/	1590.924	*	365 / 4
	=	157.32

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.

MerryMart Consumer's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2742.783	/	1889.038
	=	1.45

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

MerryMart Consumer Inventory Turnover Related Terms

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MerryMart Consumer (PHS:MM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MerryMart Consumer Corp (PHS:MM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302

Website

https://www.merrymart.com.ph

MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

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