Pacific Online Systems (Pacific Online Systems) Inventory Turnover : 280.00 (As of Dec. 2023)

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What is Pacific Online Systems 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. Pacific Online Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.08 Mil. Pacific Online Systems's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.01 Mil. Pacific Online Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 280.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pacific Online Systems's Days Inventory for the three months ended in Dec. 2023 was 0.33.

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. Pacific Online Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Pacific Online Systems Inventory Turnover Historical Data

The historical data trend for Pacific Online Systems'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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Pacific Online Systems Inventory Turnover Chart

Pacific Online Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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14.76

10.33

6.15

4.06

414.45

Pacific Online Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	280.00

Pacific Online Systems Inventory Turnover Calculation

Pacific Online Systems'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 )
=	4.559	/ (	(0	+	0.011)	/	1 )
=	4.559	/	0.011
=	414.45

Pacific Online Systems's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3.08	/ (	(0	+	0.011)	/	1 )
=	3.08	/	0.011
=	280.00

Pacific Online Systems (OTCPK:PFOSF) 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.

Pacific Online Systems's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.011	/	3.08	*	365 / 4
	=	0.33

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.

Pacific Online Systems's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.011	/	1.733
	=	0.01

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.

Pacific Online Systems Inventory Turnover Related Terms

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Pacific Online Systems (Pacific Online Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pacific Online Systems Corp (OTCPK:PFOSF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

LOTO:Philippines

Address

28th Floor, East Tower, Exchange Road, Philippine Stock Exchange, Ortigas Center, Metro Manila, Pasig, PHL, 1605

Website

https://www.loto.com.ph

Pacific Online Systems Corp is a Philippines-based company operating in the gaming industry. Along with its subsidiaries, the firm is engaged in the development, design, and management of online computer systems, terminals, and software for the gaming industry. It provides leasing of gaming equipment, Keno terminals, an online operating system, and the sale of the lottery, sweepstakes, and instant tickets. It also offers consultancy services related to online gaming.

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