Top Frontier Investment Holdings (PHS:TFHI) Days Inventory : 47.66 (As of Dec. 2023)

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What is Top Frontier Investment Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Top Frontier Investment Holdings's Average Total Inventories for the three months ended in Dec. 2023 was ₱169,424 Mil. Top Frontier Investment Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱324,378 Mil. Hence, Top Frontier Investment Holdings's Days Inventory for the three months ended in Dec. 2023 was 47.66.

The historical rank and industry rank for Top Frontier Investment Holdings's Days Inventory or its related term are showing as below:

PHS:TFHI' s Days Inventory Range Over the Past 10 Years
Min: 46.88 Med: 54.27 Max: 75.5
Current: 53.64

During the past 11 years, Top Frontier Investment Holdings's highest Days Inventory was 75.50. The lowest was 46.88. And the median was 54.27.

PHS:TFHI's Days Inventory is ranked better than
61.02% of 449 companies
in the Conglomerates industry
Industry Median: 71.86 vs PHS:TFHI: 53.64

Top Frontier Investment Holdings's Days Inventory declined from Dec. 2022 (51.69) to Dec. 2023 (47.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Top Frontier Investment Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.91.

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. Top Frontier Investment Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.

Top Frontier Investment Holdings Days Inventory Historical Data

The historical data trend for Top Frontier Investment Holdings'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.

Top Frontier Investment Holdings Days Inventory Chart

Top Frontier Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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56.72

75.50

60.80

46.88

54.20

Top Frontier Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															51.69	59.68	57.75	49.98	47.66

Competitive Comparison of Top Frontier Investment Holdings's Days Inventory

For the Conglomerates subindustry, Top Frontier Investment Holdings'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.

Top Frontier Investment Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Top Frontier Investment Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Top Frontier Investment Holdings's Days Inventory falls into.

Top Frontier Investment Holdings Days Inventory Calculation

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

Top Frontier Investment Holdings'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
=	( (193622	+	165510)	/	2 )	/	1209329	*	365
=	179566					/	1209329	*	365
=	54.20

Top Frontier Investment Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (173338	+	165510)	/	2 )	/	324378	*	365 / 4
=	169424					/	324378	*	365 / 4
=	47.66

Top Frontier Investment Holdings (PHS:TFHI) 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.

Top Frontier Investment Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	324378	/	169424
	=	1.91

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.

Top Frontier Investment Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	169424	/	385602
	=	0.44

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.

Top Frontier Investment Holdings Days Inventory Related Terms

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

Top Frontier Investment Holdings (PHS:TFHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Top Frontier Investment Holdings Inc (PHS:TFHI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399 Sen. Gil. Puyat Avenue, 5th Floor, ENZO Building, Makati, PHL, 1200

Website

https://topfrontier.com.ph

Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The operating business segments are food and beverage, packaging, energy, fuel and oil, infrastructure and Cement, Real Estate, Mining and Others. The company derives maximum revenue from fuel and oil segment. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

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