Fruitas Holdings (PHS:FRUIT) Inventory Turnover : 4.15 (As of Mar. 2024)

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What is Fruitas Holdings 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. Fruitas Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱263 Mil. Fruitas Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱63 Mil. Fruitas Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fruitas Holdings's Days Inventory for the three months ended in Mar. 2024 was 21.97.

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. Fruitas Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Fruitas Holdings Inventory Turnover Historical Data

The historical data trend for Fruitas Holdings'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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Fruitas Holdings Inventory Turnover Chart

Fruitas Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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15.98

7.79

10.00

15.32

16.53

Fruitas Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.78	4.52	4.43	3.81	4.15

Fruitas Holdings Inventory Turnover Calculation

Fruitas Holdings'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 )
=	975.545	/ (	(55.319	+	62.711)	/	2 )
=	975.545	/	59.015
=	16.53

Fruitas Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	263.082	/ (	(62.711	+	63.953)	/	2 )
=	263.082	/	63.332
=	4.15

Fruitas Holdings (PHS:FRUIT) 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.

Fruitas Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	63.332	/	263.082	*	365 / 4
	=	21.97

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.

Fruitas Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	63.332	/	639.808
	=	0.10

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.

Fruitas Holdings Inventory Turnover Related Terms

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Fruitas Holdings (PHS:FRUIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fruitas Holdings Inc (PHS:FRUIT) » Definitions » Inventory Turnover

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Address

60 Cordillera Street, Corner East, Rodriguez Sr. Avenue, Barangay Dona Josefa, Quezon City, PHL, 1113

Website

https://www.fruitasholdings.com

Fruitas Holdings Inc is a holding company of food and beverage community store and kiosk operators with active brands across its portfolio. The company serves Philippine consumers daily with fresh fruit shakes and juices, lemonade, coolers, milk tea, desserts, meat-filled pastries, soya-based products, baked goods, and Lechon (roasted pig), among other products.

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