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Ginebran Miguel (Ginebran Miguel) Days Inventory : 59.19 (As of Mar. 2024)


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What is Ginebran Miguel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ginebran Miguel's Average Total Inventories for the three months ended in Mar. 2024 was $125.8 Mil. Ginebran Miguel's Cost of Goods Sold for the three months ended in Mar. 2024 was $193.9 Mil. Hence, Ginebran Miguel's Days Inventory for the three months ended in Mar. 2024 was 59.19.

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

GBSMF' s Days Inventory Range Over the Past 10 Years
Min: 61.47   Med: 81.02   Max: 106.77
Current: 61.47

During the past 13 years, Ginebran Miguel's highest Days Inventory was 106.77. The lowest was 61.47. And the median was 81.02.

GBSMF's Days Inventory is ranked better than
83.9% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 161.06 vs GBSMF: 61.47

Ginebran Miguel's Days Inventory declined from Mar. 2023 (64.60) to Mar. 2024 (59.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ginebran Miguel's Inventory Turnover for the three months ended in Mar. 2024 was 1.54.

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. Ginebran Miguel's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Ginebran Miguel Days Inventory Historical Data

The historical data trend for Ginebran 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.

Ginebran Miguel Days Inventory Chart

Ginebran 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 86.48 81.54 84.33 80.07 67.43

Ginebran Miguel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 64.60 66.38 61.41 61.96 59.19

Competitive Comparison of Ginebran Miguel's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Ginebran 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.


Ginebran Miguel's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Days Inventory distribution charts can be found below:

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



Ginebran Miguel Days Inventory Calculation

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

Ginebran 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
=( (119.2 + 137.577) / 2 ) / 695.014*365
=128.3885 / 695.014*365
=67.43

Ginebran Miguel's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (137.577 + 113.994) / 2 ) / 193.926*365 / 4
=125.7855 / 193.926*365 / 4
=59.19

* 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.


Ginebran Miguel  (OTCPK:GBSMF) 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.

Ginebran Miguel's Inventory Turnover for the three months ended in Mar. 2024 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.

Ginebran Miguel's Inventory to Revenue for the three months ended in Mar. 2024 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.


Ginebran Miguel Days Inventory Related Terms

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Ginebran Miguel (Ginebran Miguel) Business Description

Traded in Other Exchanges
Address
St. Francis Street, Ortigas Center, 3rd and 6th Floors, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names; Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.

Ginebran Miguel (Ginebran Miguel) Headlines