Days Inventory is also known as Days Sales of Inventory (DSI). Monde Nissin's Average Total Inventories for the
three
months ended in Mar. 2024 was ₱9,263 Mil. Monde Nissin's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₱13,115 Mil.
Hence, Monde Nissin's Days Inventory for the
three
months ended in Mar. 2024 was 64.45.
The historical rank and industry rank for Monde Nissin's Days Inventory or its related term are showing as below:
PHS:MONDE'
s Days Inventory Range Over the Past 10 Years
Min: 52.55 Med: 59.24 Max: 69.71
Current: 67.63
During the past 6 years, Monde Nissin's highest Days Inventory was 69.71. The lowest was 52.55. And the median was 59.24.
PHS:MONDE's Days Inventory is ranked better than 60.53% of 1781
companies
in the Consumer Packaged Goods industry
Industry Median: 82.66
vs PHS:MONDE: 67.63
Monde Nissin's Days Inventory
declined
from Mar. 2023 (69.77) to Mar. 2024 (64.45).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Monde Nissin's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.42.
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.
Monde Nissin's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.46.
Monde Nissin Days Inventory Historical Data
The historical data trend for Monde Nissin'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 Monde Nissin's Days Inventory
For the Packaged Foods subindustry, Monde Nissin'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.
Monde Nissin's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Monde Nissin's Days Inventory distribution charts can be found below:
* The bar in red indicates where Monde Nissin's Days Inventory falls into.
Monde Nissin Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Monde Nissin's Days Inventory for the fiscal year that ended in Dec. 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.
Monde Nissin (PHS:MONDE) 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.
Monde Nissin'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.
Monde Nissin'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.
Monde Nissin Days Inventory Related Terms
Thank you for viewing the detailed overview of Monde Nissin's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Monde Nissin Corp is engaged in the food manufacturing industry in the Philippines. Its portfolio comprises Asia-Pacific Branded Food and Beverage (APAC BFB) Business and Meat Alternative Business. The APAC BFB Business consists of three product groups: instant noodles, biscuits, and other products (such as beverages, baked goods, and culinary aids). Its Meat Alternative Business sells its products globally under Quorn Foods and the Quorn brand. Geographically the company operates in the Philippines, Thailand, New Zealand, Singapore, and the United Kingdom.
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