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Swift Foods (PHS:SFI) Days Inventory : 61.33 (As of Mar. 2024)


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What is Swift Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Swift Foods's Average Total Inventories for the three months ended in Mar. 2024 was ₱5.67 Mil. Swift Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱8.44 Mil. Hence, Swift Foods's Days Inventory for the three months ended in Mar. 2024 was 61.33.

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

PHS:SFI' s Days Inventory Range Over the Past 10 Years
Min: 14.57   Med: 33.59   Max: 50.1
Current: 48.13

During the past 13 years, Swift Foods's highest Days Inventory was 50.10. The lowest was 14.57. And the median was 33.59.

PHS:SFI's Days Inventory is ranked better than
76.97% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs PHS:SFI: 48.13

Swift Foods's Days Inventory declined from Mar. 2023 (71.01) to Mar. 2024 (61.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Swift Foods's Inventory Turnover for the three months ended in Mar. 2024 was 1.49.

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. Swift Foods's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Swift Foods Days Inventory Historical Data

The historical data trend for Swift Foods'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.

Swift Foods Days Inventory Chart

Swift Foods 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 20.89 35.32 45.67 50.10 44.22

Swift Foods 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 71.01 50.95 55.22 33.35 61.33

Competitive Comparison of Swift Foods's Days Inventory

For the Farm Products subindustry, Swift Foods'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.


Swift Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Swift Foods's Days Inventory distribution charts can be found below:

* The bar in red indicates where Swift Foods's Days Inventory falls into.



Swift Foods Days Inventory Calculation

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

Swift Foods'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
=( (7.67 + 5.137) / 2 ) / 52.856*365
=6.4035 / 52.856*365
=44.22

Swift Foods'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
=( (5.137 + 6.21) / 2 ) / 8.442*365 / 4
=5.6735 / 8.442*365 / 4
=61.33

* 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.


Swift Foods  (PHS:SFI) 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.

Swift Foods'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.

Swift Foods'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.


Swift Foods Days Inventory Related Terms

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


Swift Foods (PHS:SFI) Business Description

Traded in Other Exchanges
Address
Sheridan Corner, Pioneer Streets, 4th Floor RFM Corporate Center, Mandaluyong, PHL, 1550
Swift Foods Inc is engaged in manufacturing, marketing, and distributing poultry products and commercial feeds. The company is primarily organized into two business divisions, namely, agribusiness (poultry and feeds) and meat (meat processing and sales & distribution) divisions. The company operates and derives principally all of its revenue from domestic operations.

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