Waterfront Philippines (PHS:WPI) Inventory Turnover : 10.85 (As of Mar. 2024)

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What is Waterfront Philippines 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. Waterfront Philippines's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱279 Mil. Waterfront Philippines's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱26 Mil. Waterfront Philippines's Inventory Turnover for the quarter that ended in Mar. 2024 was 10.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Waterfront Philippines's Days Inventory for the three months ended in Mar. 2024 was 8.41.

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. Waterfront Philippines's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Waterfront Philippines Inventory Turnover Historical Data

The historical data trend for Waterfront Philippines'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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Waterfront Philippines Inventory Turnover Chart

Waterfront Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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9.82

3.58

4.86

9.63

11.01

Waterfront Philippines 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															7.69	11.05	9.54	-19.36	10.85

Waterfront Philippines Inventory Turnover Calculation

Waterfront Philippines'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 )
=	297.661	/ (	(29.102	+	24.95)	/	2 )
=	297.661	/	27.026
=	11.01

Waterfront Philippines'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 )
=	279.292	/ (	(24.95	+	26.525)	/	2 )
=	279.292	/	25.7375
=	10.85

Waterfront Philippines (PHS:WPI) 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.

Waterfront Philippines'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
	=	25.7375	/	279.292	*	365 / 4
	=	8.41

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.

Waterfront Philippines'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 )
	=	25.7375	/	433.184
	=	0.06

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.

Waterfront Philippines Inventory Turnover Related Terms

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Waterfront Philippines (PHS:WPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Waterfront Philippines Inc (PHS:WPI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No.1 Waterfront Drive, Off Salinas Drive Lahug, Cebu, CEB, PHL, 6000

Website

https://www.waterfronthotels.com.ph

Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism business. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group's operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment.

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