Crown Equities (PHS:CEI) Inventory Turnover : 0.13 (As of Mar. 2024)

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What is Crown Equities 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. Crown Equities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱9.9 Mil. Crown Equities's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱78.1 Mil. Crown Equities's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crown Equities's Days Inventory for the three months ended in Mar. 2024 was 719.41.

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. Crown Equities's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.61.

Crown Equities Inventory Turnover Historical Data

The historical data trend for Crown Equities'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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Crown Equities Inventory Turnover Chart

Crown Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.59

0.45

0.55

0.72

0.64

Crown Equities 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															0.14	0.14	0.20	0.15	0.13

Crown Equities Inventory Turnover Calculation

Crown Equities'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 )
=	53.084	/ (	(88.991	+	77.832)	/	2 )
=	53.084	/	83.4115
=	0.64

Crown Equities'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 )
=	9.9	/ (	(77.832	+	78.27)	/	2 )
=	9.9	/	78.051
=	0.13

Crown Equities (PHS:CEI) 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.

Crown Equities'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
	=	78.051	/	9.9	*	365 / 4
	=	719.41

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.

Crown Equities'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 )
	=	78.051	/	29.912
	=	2.61

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.

Crown Equities Inventory Turnover Related Terms

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Crown Equities (PHS:CEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Crown Equities Inc (PHS:CEI) » Definitions » Inventory Turnover

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Address

158 N. Garcia corner Jupiter Street, 5th Floor, Crown Center, Bel-Air, Makati, PHL, 1209

Website

https://www.crownequitiesinc.com

Crown Equities Inc is a Philippines-based company engaged in the acquisition, development, and sale of real estate properties and healthcare business by operating ambulatory care clinic. The company's operating segment includes Real Estate; Healthcare Services and Investment Holdings. It generates maximum revenue from the Real Estate segment. The real estate segment involves the acquisition of land, planning, and development of residential communities such as condominium units parking slots, residential lots, and housing units. Its healthcare services segment is involved in delivering outpatient health care services through ambulatory care centers.