Phoenix Petroleum Philippines (PHS:PNX) Inventory Turnover: 15.35 (As of Sep. 2023)


PHS:PNX Phoenix Petroleum Philippines Inc PHS:PNX
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What is Phoenix Petroleum Philippines Inventory Turnover?

Phoenix Petroleum Philippines PHS:PNX 4 Inventory Turnover is 15.35 as of Sep. 2023. GuruFocus rates PHS:PNX with a GF Score™ of 4/100.

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. Phoenix Petroleum Philippines's Cost of Goods Sold for the three months ended in Sep. 2023 was ₱13,989 Mil. Phoenix Petroleum Philippines's Average Total Inventories for the quarter that ended in Sep. 2023 was ₱911 Mil. Phoenix Petroleum Philippines's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Phoenix Petroleum Philippines's Days Inventory for the three months ended in Sep. 2023 was 5.94.

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. Phoenix Petroleum Philippines's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

Phoenix Petroleum Philippines  (PHS:PNX) 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.

Phoenix Petroleum Philippines's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=911.2865/13988.536*365 / 4
=5.94

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.

Phoenix Petroleum Philippines's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=911.2865 / 15245.306
=0.06

* 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.

Phoenix Petroleum Philippines Inventory Turnover Related Terms

Phoenix Petroleum Philippines Inventory Turnover Historical Data

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The historical data trend for Phoenix Petroleum 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.

Phoenix Petroleum Philippines Inventory Turnover Chart

Phoenix Petroleum Philippines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 7.53 8.32 23.74 34.48

Phoenix Petroleum Philippines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.95 9.64 8.25 12.34 15.35
PHS:PNX
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Phoenix Petroleum Philippines Inc PHS:PNX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Petroleum Philippines Inventory Turnover Calculation

Phoenix Petroleum Philippines's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=121864.541 / ((5390.608 + 1678.208) / 2 )
=121864.541 / 3534.408
=34.48

Phoenix Petroleum Philippines's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=13988.536 / ((1008.486 + 814.087) / 2 )
=13988.536 / 911.2865
=15.35

* 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 15.35 mean?
Phoenix Petroleum Philippines (PHS:PNX) has a Inventory Turnover of 15.35 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Phoenix Petroleum Philippines and its competitors.
Is Phoenix Petroleum Philippines' Inventory Turnover too high?
Phoenix Petroleum Philippines' current Inventory Turnover is 15.35. Overall, Phoenix Petroleum Philippines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Petroleum Philippines' Inventory Turnover compare to MPC and PSX?
Phoenix Petroleum Philippines' Inventory Turnover of 15.35 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas 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 Phoenix Petroleum Philippines and its competitors. Phoenix Petroleum Philippines's current Inventory Turnover is 15.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Petroleum Philippines stock overvalued right now?
Phoenix Petroleum Philippines (PHS:PNX) has a current Inventory Turnover of 15.35. The current Inventory Turnover is 15.35. Phoenix Petroleum Philippines' overall GF Score™ is 4/100. 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 Phoenix Petroleum Philippines (PHS:PNX), the current Inventory Turnover is 15.35 as of Sep. 2023. 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.

Phoenix Petroleum Philippines Business Description

Industry EnergyOil & Gas
Address Stella Hizon Reyes Road, Phoenix Bulk Depot, Barrio Pampanga, Lanang, Davao, PHL, 8000
Phoenix Petroleum Philippines Inc is a Philippines-based company. Its segments include Trading, which is the key revenue driver, engaged in marketing, merchandising, purchasing, selling, dealing, acquiring, disposing, and distribution of goods and wares such as petroleum products (on a wholesale basis), adhesives, glues, bonding agents, epoxy resins, lubricants, and other products; Depot and logistics services engaged in operating oil depots, storage facilities and provides logistics services to various entities; and Real estate involved in real estate development, management, and operations. Geographically, the company operates in the Philippines, Singapore, and Vietnam. The majority of its revenue is generated from Singapore.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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