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iPeople (PHS:IPO) Inventory Turnover : 55.58 (As of Mar. 2024)


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What is iPeople 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. iPeople's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱733 Mil. iPeople's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱13 Mil. iPeople's Inventory Turnover for the quarter that ended in Mar. 2024 was 55.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iPeople's Days Inventory for the three months ended in Mar. 2024 was 1.64.

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. iPeople's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

iPeople Inventory Turnover Historical Data

The historical data trend for iPeople'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.

* Premium members only.

iPeople Inventory Turnover Chart

iPeople Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 480.98 342.12 244.13 238.26 238.97

iPeople 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.99 91.31 70.87 70.99 55.58

iPeople Inventory Turnover Calculation

iPeople'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 )
=2758.087 / ((10.064 + 13.019) / 2 )
=2758.087 / 11.5415
=238.97

iPeople'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 )
=733.156 / ((13.019 + 13.363) / 2 )
=733.156 / 13.191
=55.58

* 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.

iPeople  (PHS:IPO) 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.

iPeople'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
=13.191/733.156*365 / 4
=1.64

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.

iPeople'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 )
=13.191 / 1275.725
=0.01

* 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

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.

iPeople Inventory Turnover Related Terms

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iPeople (PHS:IPO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » iPeople Inc (PHS:IPO) » Definitions » Inventory Turnover
Comparable Companies
PHS:STI PHS:CEU PHS:FEU AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN LAUR HKSE:00839 ATGE STRA AFYA HKSE:02469 UDMY
Traded in Other Exchanges
N/A
Address
219 Sen. Gil J. Puyat Avenue, 3rd Floor, Grepalife Building, Makati City, PHL, 1200
Website
https://www.ipeople.com.ph
iPeople Inc is involved in education, consulting development, and installation and maintenance of information technology systems. It operates through the Education, and Others segments. The Education segment which receives maximum revenue consists of the revenues of Malayan Education System, Malayan Colleges Laguna, Mapua Information Technology Center, Malayan High School of Science, and Malayan Colleges Mindanao in education. The Others segment represents support services which include the sale of computer equipment, consulting, development, installation, and maintenance of information technology systems.