Alliance Global Group (Alliance Global Group) Inventory Turnover : 0.20 (As of Dec. 2023)

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What is Alliance Global Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Alliance Global Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $625 Mil. Alliance Global Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $3,170 Mil. Alliance Global Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alliance Global Group's Days Inventory for the three months ended in Dec. 2023 was 462.69.

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. Alliance Global Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.13.

Alliance Global Group Inventory Turnover Historical Data

The historical data trend for Alliance Global Group's Inventory Turnover 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.

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Alliance Global Group Inventory Turnover Chart

Alliance Global Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.75

0.56

0.58

0.66

0.68

Alliance Global Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.20	0.16	0.15	0.16	0.20

Alliance Global Group Inventory Turnover Calculation

Alliance Global Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2068.519	/ (	(2907.747	+	3197.974)	/	2 )
=	2068.519	/	3052.8605
=	0.68

Alliance Global Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	625.225	/ (	(3142.593	+	3197.974)	/	2 )
=	625.225	/	3170.2835
=	0.20

Alliance Global Group (OTCPK:ALGGY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Alliance Global Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3170.2835	/	625.225	*	365 / 4
	=	462.69

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.

Alliance Global Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3170.2835	/	1012.47
	=	3.13

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Alliance Global Group Inventory Turnover Related Terms

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Alliance Global Group (Alliance Global Group) Business Description

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ALGGF:USA AGI:Philippines

Address

7th Floor, 1880 Eastwood Avenue, 188 E. Rodriguez Jr. Avenue, Bagumbayan, Eastwood City CyberPark, Quezon, PHL, 1110

Website

https://www.allianceglobalinc.com

Alliance Global Group Inc is a Philippine business conglomerate that operates four business segments: Megaworld, Travellers, GADC, and Emperador. Megaworld includes the development of real estate, integrated resorts, leasing of properties, and hotel operations. Emperador consists of the manufacturing and distribution of distilled spirits and glass containers. The other segments offer tourism-related entertainment, hospitality, and leisure activities, as well as the operation of McDonald's restaurants in the Philippines.

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