Globe Telecom (PHS:GLO) Change In Inventory : ₱2,250 Mil (TTM As of Mar. 2024)

View and export this data going back to 1975. Start your Free Trial

What is Globe Telecom Change In Inventory?

Globe Telecom's change in inventory for the quarter that ended in Mar. 2024 was ₱680 Mil. It means Globe Telecom's inventory declined by ₱680 Mil from Dec. 2023 to Mar. 2024 .

Globe Telecom's change in inventory for the fiscal year that ended in Dec. 2023 was ₱89 Mil. It means Globe Telecom's inventory declined by ₱89 Mil from Dec. 2022 to Dec. 2023 .

Globe Telecom's Total Inventories for the quarter that ended in Mar. 2024 was ₱2,681 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 Mar. 2024 was 61.14.

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 Mar. 2024 was 1.49.

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 Mar. 2024 was 0.07.

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

-572.35

-1,560.12

1,441.22

-82.15

89.05

Globe Telecom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-1,481.02	1,590.53	1,043.53	-1,063.99	680.23

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2,250 Mil.

Globe Telecom (PHS:GLO) 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
	=	3034.9035	/	4529.608	*	365 / 4
	=	61.14

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 Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4529.608	/	3034.9035
	=	1.49

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 Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3034.9035	/	45307.622
	=	0.07

Globe Telecom Change In Inventory Related Terms

Thank you for viewing the detailed overview of Globe Telecom's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Globe Telecom (PHS:GLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (PHS:GLO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GTMEY:USA

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.