Days Inventory is also known as Days Sales of Inventory (DSI). Cebu Air's Average Total Inventories for the
three
months ended in Sep. 2023 was $59 Mil. Cebu Air's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $335 Mil.
Hence, Cebu Air's Days Inventory for the
three
months ended in Sep. 2023 was 15.97.
The historical rank and industry rank for Cebu Air's Days Inventory or its related term are showing as below:
CEBUF'
s Days Inventory Range Over the Past 10 Years
Min: 5.65 Med: 10.19 Max: 18.87
Current: 14.09
During the past 13 years, Cebu Air's highest Days Inventory was 18.87. The lowest was 5.65. And the median was 10.19.
CEBUF's Days Inventory is ranked worse than 56.74% of 779
companies
in the Transportation industry
Industry Median: 11.4
vs CEBUF: 14.09
Cebu Air's Days Inventory
increased
from Sep. 2022 (10.01) to Sep. 2023 (15.97).
It might indicate that Cebu Air's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cebu Air's Inventory Turnover for the
three
months ended in Sep. 2023 was 5.71.
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.
Cebu Air's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.14.
Cebu Air Days Inventory Historical Data
The historical data trend for Cebu Air'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.
Competitive Comparison of Cebu Air's Days Inventory
For the Airlines subindustry, Cebu Air'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.
Cebu Air's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Cebu Air's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cebu Air's Days Inventory falls into.
Cebu Air Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cebu Air's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Cebu Air (OTCPK:CEBUF) 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.
Cebu Air's Inventory Turnover for the
three
months ended in Sep. 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.
Cebu Air's Inventory to Revenue for the
three
months ended in Sep. 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.
Cebu Air Days Inventory Related Terms
Thank you for viewing the detailed overview of Cebu Air's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.
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