Shakey's Pizza Asia Ventures (PHS:PIZZA) Inventory Turnover : 1.56 (As of Sep. 2024)

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What is Shakey's Pizza Asia Ventures 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. Shakey's Pizza Asia Ventures's Cost of Goods Sold for the three months ended in Sep. 2024 was ₱2,670 Mil. Shakey's Pizza Asia Ventures's Average Total Inventories for the quarter that ended in Sep. 2024 was ₱1,711 Mil. Shakey's Pizza Asia Ventures's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shakey's Pizza Asia Ventures's Days Inventory for the three months ended in Sep. 2024 was 58.48.

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. Shakey's Pizza Asia Ventures's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.49.

Shakey's Pizza Asia Ventures Inventory Turnover Historical Data

The historical data trend for Shakey's Pizza Asia Ventures'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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Shakey's Pizza Asia Ventures Inventory Turnover Chart

Shakey's Pizza Asia Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.85

9.47

9.58

10.53

8.09

Shakey's Pizza Asia Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.38	2.41	1.47	1.58	1.56

Shakey's Pizza Asia Ventures Inventory Turnover Calculation

Shakey's Pizza Asia Ventures'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 )
=	10975.221	/ (	(1001.114	+	1712.218)	/	2 )
=	10975.221	/	1356.666
=	8.09

Shakey's Pizza Asia Ventures's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	2669.884	/ (	(1732.119	+	1689.937)	/	2 )
=	2669.884	/	1711.028
=	1.56

Shakey's Pizza Asia Ventures (PHS:PIZZA) 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.

Shakey's Pizza Asia Ventures's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1711.028	/	2669.884	*	365 / 4
	=	58.48

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.

Shakey's Pizza Asia Ventures's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1711.028	/	3522.709
	=	0.49

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.

Shakey's Pizza Asia Ventures Inventory Turnover Related Terms

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Shakey's Pizza Asia Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shakey's Pizza Asia Ventures Inc (PHS:PIZZA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

15 Km East Service Road, Corner Marian Road 2, Barangay San Martin De Porres, Paranaque, PHL, 1700

Website

https://www.shakeyspizza.ph

Shakey's Pizza Asia Ventures Inc owns and operates a franchise pizza restaurant in the Philippines. The company owns the rights and trademarks in Asia (except Malaysia and Japan), China, Middle East, Australia, and Oceania. Its reporting segments are Restaurant, Franchise and royalty fees and commissary, and others. Restaurant sales comprise revenues from restaurant activities and sale of merchandise and equipment to franchisees, Franchise and royalty fees represent payment of sub-dealers for use of the Shakey's brand, and Commissary sales comprise of third-party sales other than aforementioned activities. The company generates a majority of its revenue from restaurants.

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