Empire East Land Holdings (PHS:ELI) Days Inventory : 2,683.99 (As of Mar. 2024)

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What is Empire East Land Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Empire East Land Holdings's Average Total Inventories for the three months ended in Mar. 2024 was ₱20,574 Mil. Empire East Land Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱699 Mil. Hence, Empire East Land Holdings's Days Inventory for the three months ended in Mar. 2024 was 2,683.99.

The historical rank and industry rank for Empire East Land Holdings's Days Inventory or its related term are showing as below:

PHS:ELI' s Days Inventory Range Over the Past 10 Years
Min: 2338.81 Med: 3092.29 Max: 3669.94
Current: 2738.2

During the past 13 years, Empire East Land Holdings's highest Days Inventory was 3669.94. The lowest was 2338.81. And the median was 3092.29.

PHS:ELI's Days Inventory is ranked worse than
84.12% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs PHS:ELI: 2738.20

Empire East Land Holdings's Days Inventory declined from Mar. 2023 (2,868.02) to Mar. 2024 (2,683.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Empire East Land Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.03.

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. Empire East Land Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 15.77.

Empire East Land Holdings Days Inventory Historical Data

The historical data trend for Empire East Land Holdings's Days 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.

Empire East Land Holdings Days Inventory Chart

Empire East Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3,526.14

3,095.89

3,325.61

3,151.91

2,784.79

Empire East Land Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															2,868.02	3,613.86	3,323.86	1,949.74	2,683.99

Competitive Comparison of Empire East Land Holdings's Days Inventory

For the Real Estate - Development subindustry, Empire East Land Holdings's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Empire East Land Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Empire East Land Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Empire East Land Holdings's Days Inventory falls into.

Empire East Land Holdings Days Inventory Calculation

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

Empire East Land Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (21105.557	+	20625.101)	/	2 )	/	2734.799	*	365
=	20865.329					/	2734.799	*	365
=	2,784.79

Empire East Land Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (20625.101	+	20522.882)	/	2 )	/	699.472	*	365 / 4
=	20573.9915					/	699.472	*	365 / 4
=	2,683.99

Empire East Land Holdings (PHS:ELI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Empire East Land Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	699.472	/	20573.9915
	=	0.03

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.

Empire East Land Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20573.9915	/	1304.905
	=	15.77

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Empire East Land Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Empire East Land Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Empire East Land Holdings (PHS:ELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Empire East Land Holdings Inc (PHS:ELI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. Antonio Street, 2nd Floor Tower 2, Kasara Urban Resort Residences, Barangay Ugong, Pasig City, PHL, 1604

Website

https://www.eelhi.com.ph

Empire East Land Holdings Inc is engaged in the development and marketing of mid-cost housing projects in the form of condominium communities, subdivision lots and house and lot packages, and commercial units to a limited extent. The company also leases out commercial and industrial properties. It classifies and monitors its projects into high-rise and horizontal. High-rise projects refer to condominiums and other medium-scale properties while horizontal projects refer to house and lot packages and subdivision lots. Both are intended for the middle-income market.

Empire East Land Holdings (PHS:ELI) Headlines

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