Makati Finance (PHS:MFIN) Change In Inventory : ₱0.0 Mil (TTM As of Sep. 2024)

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What is Makati Finance Change In Inventory?

Makati Finance's change in inventory for the quarter that ended in Sep. 2024 was ₱0.0 Mil. It means Makati Finance's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Makati Finance's change in inventory for the fiscal year that ended in Dec. 2023 was ₱0.0 Mil. It means Makati Finance's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Makati Finance's Total Inventories for the quarter that ended in Sep. 2024 was ₱0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Makati Finance's Days Inventory for the quarter that ended in Sep. 2024 was 0.00.

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

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. Makati Finance's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Makati Finance Change In Inventory Historical Data

The historical data trend for Makati Finance'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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Makati Finance Change In Inventory Chart

Makati Finance Annual Data

Trend

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Change In Inventory

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Makati Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Makati Finance 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱0.0 Mil.

Makati Finance (PHS:MFIN) Change In Inventory Explanation

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

Makati Finance's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	27.824	*	365 / 4
	=	0.00

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

Makati Finance's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.824	/	0
	=	N/A

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.

Makati Finance's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	42.674
	=	0.00

Makati Finance Change In Inventory Related Terms

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Makati Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Makati Finance Corp (PHS:MFIN) » Definitions » Change In Inventory

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Address

2301 Chino Roces Avenue, 3rd Floor Mazda Makati Building, Barangay Magallanes, Makati City, PHL, 1231

Website

http://www.makatifinance.ph

Makati Finance Corp provides financial services and advisory to its clients. The company's operations include sales and marketing, evaluation and approval of loan applications, and collection of loan accounts. The company derives revenues from the following main operating business segments of Rx Cashline Group; Business loans; MFC Factors Group; Motor Vehicles Financing Group and Others. The business loans division grants loans to finance business owners who wishes to expand its business or to start capital whereas the Motor Vehicles Financing Group grants loans to motorcycle buyers. The company's assets producing revenues are located in the Philippines.