Days Inventory is also known as Days Sales of Inventory (DSI). SP New Energy's Average Total Inventories for the
three
months ended in Sep. 2024 was ₱25 Mil. SP New Energy's Cost of Goods Sold for the
three
months ended in Sep. 2024 was ₱175 Mil.
Hence, SP New Energy's Days Inventory for the
three
months ended in Sep. 2024 was 12.90.
The historical rank and industry rank for SP New Energy's Days Inventory or its related term are showing as below:
PHS:SPNEC's Days Inventory is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 28.77 * Ranked among companies with meaningful Days Inventory only.
SP New Energy's Days Inventory
declined
from Sep. 2023 (18.05) to Sep. 2024 (12.90).
Inventory Turnover measures how fast the company turns over its inventory within a year.
SP New Energy's Inventory Turnover for the
three
months ended in Sep. 2024 was 7.07.
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.
SP New Energy's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.09.
SP New Energy (PHS:SPNEC) 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.
SP New Energy's Inventory Turnover for the
three
months ended in Sep. 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.
SP New Energy's Inventory to Revenue for the
three
months ended in Sep. 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.
SP New Energy Days Inventory Related Terms
SP New Energy Days Inventory Historical Data
* Premium members only.
The historical data trend for SP New Energy'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.
For the Utilities - Renewable subindustry, SP New Energy'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.
SP New Energy Days Inventory vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SP New Energy's Days Inventory distribution charts can be found below:
* The bar in red indicates where SP New Energy's Days Inventory falls into.
* 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.
SP New Energy (PHS:SPNEC) has a Days Inventory of 12.90 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SP New Energy and its competitors.
Is SP New Energy's Days Inventory too high?
SP New Energy's current Days Inventory is 12.90. The Utilities - Independent Power Producers industry median Days Inventory is 28.77. SP New Energy's value of 12.90 is 55.2% below this industry median. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Days Inventory compare to CEG?
SP New Energy's Days Inventory of 12.90 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Inventory is 28.77. SP New Energy's value of 12.90 is 55.2% below this benchmark. 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 an Utilities - Independent Power Producers company?
The median Days Inventory among Utilities - Independent Power Producers companies is 28.77, based on 332 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. SP New Energy's current Days Inventory of 12.90 is 55.2% 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 SP New Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Days Inventory is 28.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP New Energy's current Days Inventory is 12.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Days Inventory of 12.90. The current Days Inventory is 12.90 and 55.2% below the Utilities - Independent Power Producers industry median of 28.77. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Days Inventory is 12.90 as of Sep. 2024. 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.
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score
Get the complete analysis for PHS:SPNEC
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:SPNEC has been successfully added to your 
