GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » San Miguel Corp (OTCPK:SMGBY) » Definitions » Days Inventory

San Miguel (San Miguel) Days Inventory : 47.68 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is San Miguel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). San Miguel's Average Total Inventories for the three months ended in Dec. 2023 was $2,936 Mil. San Miguel's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,619 Mil. Hence, San Miguel's Days Inventory for the three months ended in Dec. 2023 was 47.68.

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

SMGBY' s Days Inventory Range Over the Past 10 Years
Min: 46.91   Med: 54.36   Max: 75.64
Current: 53.67

During the past 13 years, San Miguel's highest Days Inventory was 75.64. The lowest was 46.91. And the median was 54.36.

SMGBY's Days Inventory is ranked better than
61.11% of 450 companies
in the Conglomerates industry
Industry Median: 72.615 vs SMGBY: 53.67

San Miguel's Days Inventory declined from Dec. 2022 (51.72) to Dec. 2023 (47.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. San Miguel's Inventory Turnover for the three months ended in Dec. 2023 was 1.91.

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. San Miguel's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.


San Miguel Days Inventory Historical Data

The historical data trend for San Miguel'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.

San Miguel Days Inventory Chart

San Miguel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.79 75.64 60.88 46.91 54.23

San Miguel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 51.72 59.73 57.80 50.01 47.68

Competitive Comparison of San Miguel's Days Inventory

For the Conglomerates subindustry, San Miguel'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.


San Miguel's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Days Inventory distribution charts can be found below:

* The bar in red indicates where San Miguel's Days Inventory falls into.



San Miguel Days Inventory Calculation

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

San Miguel'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
=( (3355.358 + 2868.2) / 2 ) / 20942.242*365
=3111.779 / 20942.242*365
=54.23

San Miguel's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3003.655 + 2868.2) / 2 ) / 5618.709*365 / 4
=2935.9275 / 5618.709*365 / 4
=47.68

* 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.


San Miguel  (OTCPK:SMGBY) 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.

San Miguel's Inventory Turnover for the three months ended in Dec. 2023 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.

San Miguel's Inventory to Revenue for the three months ended in Dec. 2023 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.


San Miguel Days Inventory Related Terms

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


San Miguel (San Miguel) Business Description

Address
No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550
San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

From GuruFocus

San Miguel Corp's Dividend Analysis

By GuruFocus Research 01-04-2024

San Miguel Is Not All About Just Beverages

By Mark Yu Mark Yu 07-06-2017