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Globe Telecom (Globe Telecom) Change In Inventory : $2 Mil (TTM As of Dec. 2023)


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What is Globe Telecom Change In Inventory?

Globe Telecom's change in inventory for the quarter that ended in Dec. 2023 was $-18 Mil. It means Globe Telecom's inventory increased by $18 Mil from Sep. 2023 to Dec. 2023 .

Globe Telecom's change in inventory for the fiscal year that ended in Dec. 2023 was $2 Mil. It means Globe Telecom's inventory declined by $2 Mil from Dec. 2022 to Dec. 2023 .

Globe Telecom's Total Inventories for the quarter that ended in Dec. 2023 was $59 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globe Telecom's Days Inventory for the quarter that ended in Dec. 2023 was 51.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Globe Telecom's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.76.

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. Globe Telecom's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Globe Telecom Change In Inventory Historical Data

The historical data trend for Globe Telecom's Change In 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.

Globe Telecom Change In Inventory Chart

Globe Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.89 -26.97 24.91 -1.42 1.54

Globe Telecom Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In 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 8.80 -25.60 27.49 18.04 -18.39

Globe Telecom Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2 Mil.

* 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.

Globe Telecom  (OTCPK:GTMEY) Change In Inventory Explanation

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

Globe Telecom's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=51.41/90.587*365 / 4
=51.79

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

Globe Telecom's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=90.587 / 51.41
=1.76

3. 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.

Globe Telecom's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=51.41 / 801.586
=0.06

* 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.

Globe Telecom Change In Inventory Related Terms

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Globe Telecom (Globe Telecom) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (OTCPK:GTMEY) » Definitions » Change In Inventory
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PHS:TEL PHS:CNVRG PHS:DITO PHS:NOW PHS:TBGI SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 AMX B SAU:7010
Traded in Other Exchanges
GLO:Philippines
Address
32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634
Website
https://www.globe.com.ph
Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.