Victorias Milling Co (PHS:VMC) Days Inventory : 66.98 (As of Feb. 2024)

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What is Victorias Milling Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Victorias Milling Co's Average Total Inventories for the three months ended in Feb. 2024 was ₱2,616 Mil. Victorias Milling Co's Cost of Goods Sold for the three months ended in Feb. 2024 was ₱3,564 Mil. Hence, Victorias Milling Co's Days Inventory for the three months ended in Feb. 2024 was 66.98.

The historical rank and industry rank for Victorias Milling Co's Days Inventory or its related term are showing as below:

PHS:VMC' s Days Inventory Range Over the Past 10 Years
Min: 31.4 Med: 43.26 Max: 80.84
Current: 71.79

During the past 13 years, Victorias Milling Co's highest Days Inventory was 80.84. The lowest was 31.40. And the median was 43.26.

PHS:VMC's Days Inventory is ranked better than
57.57% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.4 vs PHS:VMC: 71.79

Victorias Milling Co's Days Inventory increased from Feb. 2023 (35.01) to Feb. 2024 (66.98). It might indicate that Victorias Milling Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victorias Milling Co's Inventory Turnover for the three months ended in Feb. 2024 was 1.36.

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. Victorias Milling Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.67.

Victorias Milling Co Days Inventory Historical Data

The historical data trend for Victorias Milling Co'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.

Victorias Milling Co Days Inventory Chart

Victorias Milling Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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64.31

80.84

77.18

47.50

35.51

Victorias Milling Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															35.01	36.22	973.11	83.17	66.98

Competitive Comparison of Victorias Milling Co's Days Inventory

For the Confectioners subindustry, Victorias Milling Co'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.

Victorias Milling Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Victorias Milling Co's Days Inventory falls into.

Victorias Milling Co Days Inventory Calculation

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

Victorias Milling Co's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (803.832	+	1642.736)	/	2 )	/	12573.936	*	365
=	1223.284					/	12573.936	*	365
=	35.51

Victorias Milling Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (2844.777	+	2387.481)	/	2 )	/	3564.026	*	365 / 4
=	2616.129					/	3564.026	*	365 / 4
=	66.98

Victorias Milling Co (PHS:VMC) 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.

Victorias Milling Co's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3564.026	/	2616.129
	=	1.36

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.

Victorias Milling Co's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2616.129	/	3893.232
	=	0.67

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.

Victorias Milling Co Days Inventory Related Terms

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

Victorias Milling Co (PHS:VMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Victorias Milling Co Inc (PHS:VMC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.J. Ossorio Street, VMC Compound, Barangay XVI, Victorias, NEC, PHL, 6119

Website

https://www.victoriasmilling.com

Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company also focuses on producing and selling canned sardines, hot Bangus, mackerel, luncheon meat, and other meat products. It is also involved in developing and selling real estate properties, operating golf clubs, and other activities. The company operates in business segments that are Sugar Milling, Distillery Operations, Power Generation and others. The Sugar Milling segment generates maximum revenue for the company.