Panasonic Manufacturing Philippines (PHS:PMPC) Inventory Turnover : 1.35 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Panasonic Manufacturing Philippines 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. Panasonic Manufacturing Philippines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱2,659 Mil. Panasonic Manufacturing Philippines's Average Total Inventories for the quarter that ended in Dec. 2023 was ₱1,966 Mil. Panasonic Manufacturing Philippines's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panasonic Manufacturing Philippines's Days Inventory for the three months ended in Dec. 2023 was 67.45.

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. Panasonic Manufacturing Philippines's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.

Panasonic Manufacturing Philippines Inventory Turnover Historical Data

The historical data trend for Panasonic Manufacturing Philippines'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.

Panasonic Manufacturing Philippines Inventory Turnover Chart

Panasonic Manufacturing Philippines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

6.24

5.78

4.90

4.76

5.02

Panasonic Manufacturing Philippines 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															1.00	1.08	1.27	1.39	1.35

Panasonic Manufacturing Philippines Inventory Turnover Calculation

Panasonic Manufacturing Philippines's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	12659.892	/ (	(2479.419	+	2566.118)	/	2 )
=	12659.892	/	2522.7685
=	5.02

Panasonic Manufacturing Philippines'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 )
=	2659.218	/ (	(1958.335	+	1972.875)	/	2 )
=	2659.218	/	1965.605
=	1.35

Panasonic Manufacturing Philippines (PHS:PMPC) 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.

Panasonic Manufacturing Philippines'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
	=	1965.605	/	2659.218	*	365 / 4
	=	67.45

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.

Panasonic Manufacturing Philippines'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 )
	=	1965.605	/	3099.454
	=	0.63

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.

Panasonic Manufacturing Philippines Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Panasonic Manufacturing Philippines's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Panasonic Manufacturing Philippines (PHS:PMPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Manufacturing Philippines Corp (PHS:PMPC) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Ortigas Avenue Extension, Barrio Mapandan, Barangay San Isidro, Rizal, Taytay, RIZ, PHL, 1920

Website

https://www.panasonic.com/ph

Panasonic Manufacturing Philippines Corp company is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Life Solutions includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. The Consumer segment generates maximum revenue for the company. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hongkong, and Taiwan.

Panasonic Manufacturing Philippines (PHS:PMPC) Headlines

No Headlines