Manila Electric Co (Manila Electric Co) Change In Inventory : $-13 Mil (TTM As of Dec. 2023)

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What is Manila Electric Co Change In Inventory?

Manila Electric Co's change in inventory for the quarter that ended in Dec. 2023 was $-19 Mil. It means Manila Electric Co's inventory increased by $19 Mil from Sep. 2023 to Dec. 2023 .

Manila Electric Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-13 Mil. It means Manila Electric Co's inventory increased by $13 Mil from Dec. 2022 to Dec. 2023 .

Manila Electric Co's Total Inventories for the quarter that ended in Dec. 2023 was $193 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Manila Electric Co's Days Inventory for the quarter that ended in Dec. 2023 was 11.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Manila Electric Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.15.

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. Manila Electric Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Manila Electric Co Change In Inventory Historical Data

The historical data trend for Manila Electric Co'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.

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Manila Electric Co Change In Inventory Chart

Manila Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-12.90

-16.01

-36.94

-14.04

-13.02

Manila Electric Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															15.15	-3.51	9.08	0.59	-19.18

Manila Electric Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13 Mil.

Manila Electric Co (OTCPK:MERVF) Change In Inventory Explanation

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

Manila Electric Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	185.49	/	1511.119	*	365 / 4
	=	11.20

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

Manila Electric Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1511.119	/	185.49
	=	8.15

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.

Manila Electric Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	185.49	/	1874.196
	=	0.10

Manila Electric Co Change In Inventory Related Terms

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Manila Electric Co (Manila Electric Co) Business Description

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MAEOY:USA MER:Philippines

Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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