Philippine National Construction (PHS:PNC) Inventory Turnover: 1.88 (As of Dec. 2024)


What is Philippine National Construction Inventory Turnover?

Philippine National Construction PHS:PNC Inventory Turnover is 1.88 as of Dec. 2024. The stock has 2 warning signs investors should review.

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. Philippine National Construction's Cost of Goods Sold for the six months ended in Dec. 2024 was ₱5.05 Mil. Philippine National Construction's Average Total Inventories for the quarter that ended in Dec. 2024 was ₱2.69 Mil. Philippine National Construction's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Philippine National Construction's Days Inventory for the six months ended in Dec. 2024 was 97.14.

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.

Philippine National Construction  (PHS:PNC) 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.

Philippine National Construction's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=2.6895/5.053*365 / 2
=97.14

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.

Philippine National Construction's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=2.6895 / 0
=

* 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.

Philippine National Construction Inventory Turnover Related Terms

Philippine National Construction Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Philippine National Construction'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.

Philippine National Construction Inventory Turnover Chart

Philippine National Construction Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.71 13.41 28.59 28.30 1.88

Philippine National Construction Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 10.71 13.41 28.59 28.30 1.88

Philippine National Construction Inventory Turnover Calculation

Philippine National Construction's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=5.053 / ((2.935 + 2.444) / 2 )
=5.053 / 2.6895
=1.88

Philippine National Construction's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count )
=5.053 / ((2.935 + 2.444) / 2 )
=5.053 / 2.6895
=1.88

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.88 mean?
Philippine National Construction (PHS:PNC) has a Inventory Turnover of 1.88 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Philippine National Construction and its competitors.
Is Philippine National Construction's Inventory Turnover too high?
Philippine National Construction's current Inventory Turnover is 1.88.
How does Philippine National Construction's Inventory Turnover compare to competitors?
Philippine National Construction's Inventory Turnover of 1.88 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Construction company?
A good Inventory Turnover depends on the Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Philippine National Construction and its competitors. Philippine National Construction's current Inventory Turnover is 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine National Construction stock overvalued right now?
Philippine National Construction (PHS:PNC) has a current Inventory Turnover of 1.88. The current Inventory Turnover is 1.88. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Philippine National Construction (PHS:PNC), the current Inventory Turnover is 1.88 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Philippine National Construction Business Description

Address KM. 15, East Service Road, PNCC Complex, Bicutan, Paranaque, PHL, 1700
Philippine National Construction Corp. engages in construction and engineering activities throughout the Philippines. It undertakes a range of projects comprising the construction of highways, bridges, and industrial facilities, as well as land development. The company offers services in various phases of a project, including feasibility studies, design and detailed engineering, procurement, construction, and project management, concrete pre-casting, steel fabrication, materials processing, and equipment rental/leasing. It also provides other support services, such as pre-fabrication, materials processing, and equipment rebuilding.