SPC Power (PHS:SPC) Inventory Turnover : 2.02 (As of Mar. 2024)

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What is SPC Power 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. SPC Power's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱795 Mil. SPC Power's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱393 Mil. SPC Power's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SPC Power's Days Inventory for the three months ended in Mar. 2024 was 45.16.

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. SPC Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

SPC Power Inventory Turnover Historical Data

The historical data trend for SPC Power'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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SPC Power Inventory Turnover Chart

SPC Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.81

3.91

5.19

7.68

8.52

SPC Power 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															1.56	2.41	2.47	2.22	2.02

SPC Power Inventory Turnover Calculation

SPC Power'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 )
=	3691.213	/ (	(467.547	+	399.394)	/	2 )
=	3691.213	/	433.4705
=	8.52

SPC Power'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 )
=	794.789	/ (	(399.394	+	387.381)	/	2 )
=	794.789	/	393.3875
=	2.02

SPC Power (PHS:SPC) 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.

SPC Power'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
	=	393.3875	/	794.789	*	365 / 4
	=	45.16

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.

SPC Power'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 )
	=	393.3875	/	820.42
	=	0.48

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.

SPC Power Inventory Turnover Related Terms

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SPC Power (PHS:SPC) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SPC Power Corp (PHS:SPC) » Definitions » Inventory Turnover

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Address

Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000

Website

http://www.spcpowergroup.com

SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.