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First Gen (PHS:FGENG.PFD) Days Inventory : 57.59 (As of Mar. 2024)


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What is First Gen Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Gen's Average Total Inventories for the three months ended in Mar. 2024 was ₱14,400.31 Mil. First Gen's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱22,818.09 Mil. Hence, First Gen's Days Inventory for the three months ended in Mar. 2024 was 57.59.

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

PHS:FGENG.PFD' s Days Inventory Range Over the Past 10 Years
Min: 28.35   Med: 37.02   Max: 51.69
Current: 51.69

During the past 13 years, First Gen's highest Days Inventory was 51.69. The lowest was 28.35. And the median was 37.02.

PHS:FGENG.PFD's Days Inventory is ranked worse than
65.05% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.41 vs PHS:FGENG.PFD: 51.69

First Gen's Days Inventory increased from Mar. 2023 (44.21) to Mar. 2024 (57.59). It might indicate that First Gen's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Gen's Inventory Turnover for the three months ended in Mar. 2024 was 1.58.

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. First Gen's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.41.


First Gen Days Inventory Historical Data

The historical data trend for First Gen'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.

First Gen Days Inventory Chart

First Gen 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 31.01 50.51 47.75 38.18 47.81

First Gen 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 44.21 48.72 52.72 49.53 57.59

Competitive Comparison of First Gen's Days Inventory

For the Utilities - Renewable subindustry, First Gen'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.


First Gen's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Days Inventory distribution charts can be found below:

* The bar in red indicates where First Gen's Days Inventory falls into.



First Gen Days Inventory Calculation

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

First Gen'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
=( (11428.21 + 14645.769) / 2 ) / 99538.013*365
=13036.9895 / 99538.013*365
=47.81

First Gen'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
=( (14645.769 + 14154.849) / 2 ) / 22818.094*365 / 4
=14400.309 / 22818.094*365 / 4
=57.59

* 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.


First Gen  (PHS:FGENG.PFD) 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.

First Gen'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.

First Gen's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=14400.309 / 35110.403
=0.41

* 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.


First Gen Days Inventory Related Terms

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


First Gen (PHS:FGENG.PFD) Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, 6th Floor, Rockwell Business Center, Tower 3, Pasig, PHL, 1604
First Gen Corporation is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a significant amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Most of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FG Hydro, FNPC, and Prime Meridian.

First Gen (PHS:FGENG.PFD) Headlines

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