San Miguel (PHS:SMC) Days Inventory: 52.89 (As of Mar. 2026) — Near Median


PHS:SMC San Miguel Corp PHS:SMC
74 GF Score
Price ₱69.25
GF Value ₱82.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is San Miguel Days Inventory?

San Miguel PHS:SMC +0.87% 74 Days Inventory is 52.89 as of Mar. 2026, which is 3% below its 10-year median of 54.36. GuruFocus rates PHS:SMC with a GF Score™ of 74/100 and a GF Value™ of ₱82.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 492 Conglomerates companies, San Miguel ranks better than 63.41% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). San Miguel's Average Total Inventories for the three months ended in Mar. 2026 was ₱198,898 Mil. San Miguel's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱343,142 Mil. Hence, San Miguel's Days Inventory for the three months ended in Mar. 2026 was 52.89.

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

PHS:SMC' s Days Inventory Range Over the Past 10 Years
Min: 46.91   Med: 54.36   Max: 75.64
Current: 52.41

During the past 13 years, San Miguel's highest Days Inventory was 75.64. The lowest was 46.91. And the median was 54.36.

PHS:SMC's Days Inventory is ranked better than
63.41% of 492 companies
in the Conglomerates industry
Industry Median: 73.045 vs PHS:SMC: 52.41

San Miguel's Days Inventory declined from Mar. 2025 (55.91) to Mar. 2026 (52.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. San Miguel's Inventory Turnover for the three months ended in Mar. 2026 was 1.73.

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. San Miguel's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.46.


San Miguel  (PHS:SMC) 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.

San Miguel's Inventory Turnover for the three months ended in Mar. 2026 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.

San Miguel's Inventory to Revenue for the three months ended in Mar. 2026 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.


San Miguel Days Inventory Related Terms


San Miguel Days Inventory Historical Data

* Premium members only.

The historical data trend for San 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.

San Miguel Days Inventory Chart

San Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.88 46.91 54.23 48.28 50.25

San Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 55.91 52.52 49.66 45.08 52.89

PHS:SMC vs HON, MMM: Days Inventory Comparison

For the Conglomerates subindustry, San 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.


San Miguel Days Inventory vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Days Inventory distribution charts can be found below:

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


PHS:SMC
74GF Score
San Miguel Corp PHS:SMC
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Miguel Days Inventory Calculation

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

San Miguel's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (181596 + 148874) / 2 ) / 1200290*365
=165235 / 1200290*365
=50.25

San Miguel's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (148874 + 248921) / 2 ) / 343142*365 / 4
=198897.5 / 343142*365 / 4
=52.89

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 52.89 mean?
San Miguel (PHS:SMC) has a Days Inventory of 52.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on San Miguel and its competitors. This is near median its historical median of 54.36. Over the past decade, San Miguel's Days Inventory has ranged from 46.91 to 75.64. According to the industry distribution chart, San Miguel ranks #180 out of 492 companies in the Conglomerates industry, placing it in the top 36.6%.
Is San Miguel's Days Inventory too high?
San Miguel's current Days Inventory of 52.89 is near median its 10-year median of 54.36. Over the past 10 years, this metric has ranged from a low of 46.91 to a high of 75.64. The Conglomerates industry median Days Inventory is 73.05. San Miguel's value of 52.89 is 27.6% below this industry median. Based on the distribution chart, San Miguel ranks #180 out of 492 companies in the Conglomerates industry, which is above the industry midpoint. Overall, San Miguel has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel's Days Inventory compare to HON and MMM?
According to the Conglomerates industry distribution chart, San Miguel ranks #180 out of 492 companies for Days Inventory. This puts San Miguel in the upper half of its industry. The industry median Days Inventory is 73.05. San Miguel's value of 52.89 is 27.6% below this benchmark. Historically, San Miguel's own Days Inventory has ranged from 46.91 to 75.64 over the past decade. While the company's 10-year median is 54.36 vs. the industry median of 73.05, San Miguel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Conglomerates company?
The median Days Inventory among Conglomerates companies is 73.05, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel's current Days Inventory of 52.89 is 27.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on San Miguel and its competitors. For the Conglomerates industry, the median Days Inventory is 73.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel's current Days Inventory is 52.89, which is near median its own 10-year median of 54.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel stock overvalued right now?
Based on GuruFocus' analysis, San Miguel (PHS:SMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱82.76, compared to a current price of ₱69.25 — trading 16.3% below its estimated fair value. The current Days Inventory is 52.89, which is near median its 10-year median of 54.36 and 27.6% below the Conglomerates industry median of 73.05. San Miguel's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For San Miguel (PHS:SMC), the current Days Inventory is 52.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is San Miguel (PHS:SMC) Overvalued in 2026?

Based on GuruFocus' analysis, San Miguel stock appears to be undervalued. The current stock price of ₱69.25 is trading 16.3% below its estimated GF Value™ of ₱82.76. GuruFocus considers San Miguel to be Modestly Undervalued.

Key valuation signals for PHS:SMC:

  • Days Inventory: 52.89 (near median its 10-year median of 54.36)
  • GF Value™: ₱82.76 vs. price of ₱69.25 (16.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 27.6% below the Conglomerates median (#180 of 492)

No single metric tells the full story. See the PHS:SMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San Miguel Business Description

Address No. 40 San Miguel Avenue, P.O. Box 271, Manila Central Post Office, Metro Manila, Mandaluyong, PHL, 1550
San Miguel Corp, through its subsidiaries, operates in various reportable business segments, including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and real estate property management and development. Maximum revenue is generated from the fuel and oil segment, which is engaged in refining crude oil and marketing and distribution of refined petroleum products.
74GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱69.25
Price
₱82.76
GF Value