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MJC Investments (PHS:MJIC) Days Inventory : 53.55 (As of Sep. 2022)


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What is MJC Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MJC Investments's Average Total Inventories for the three months ended in Sep. 2022 was ₱16.8 Mil. MJC Investments's Cost of Goods Sold for the three months ended in Sep. 2022 was ₱28.7 Mil. Hence, MJC Investments's Days Inventory for the three months ended in Sep. 2022 was 53.55.

The historical rank and industry rank for MJC Investments's Days Inventory or its related term are showing as below:

PHS:MJIC's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 699.07
* Ranked among companies with meaningful Days Inventory only.

MJC Investments's Days Inventory declined from Sep. 2021 (252.93) to Sep. 2022 (53.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. MJC Investments's Inventory Turnover for the three months ended in Sep. 2022 was 1.70.

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. MJC Investments's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.15.


MJC Investments Days Inventory Historical Data

The historical data trend for MJC Investments'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.

MJC Investments Days Inventory Chart

MJC Investments Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.97 64.50 57.40 225.91 304.74

MJC Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days 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 252.93 301.90 155.94 71.80 53.55

Competitive Comparison of MJC Investments's Days Inventory

For the Real Estate Services subindustry, MJC Investments'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.


MJC Investments's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MJC Investments's Days Inventory distribution charts can be found below:

* The bar in red indicates where MJC Investments's Days Inventory falls into.



MJC Investments Days Inventory Calculation

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

MJC Investments's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (20.206 + 15.461) / 2 ) / 21.36*365
=17.8335 / 21.36*365
=304.74

MJC Investments's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (14.444 + 19.207) / 2 ) / 28.67*365 / 4
=16.8255 / 28.67*365 / 4
=53.55

* 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.


MJC Investments  (PHS:MJIC) 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.

MJC Investments's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

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.

MJC Investments's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

* 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.


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.


MJC Investments Days Inventory Related Terms

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


MJC Investments (PHS:MJIC) Business Description

Traded in Other Exchanges
N/A
Address
MJC Drive, Winford Hotel and Casino, Santa Cruz, Manila, LAG, PHL, 1014
MJC Investments Corp is an investment holding company focusing on the tourism and entertainment industry. The company develops, owns, and operates real estate for residential, commercial, leisure and gaming purposes.

MJC Investments (PHS:MJIC) Headlines

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