Pryce (PHS:PPC) Inventory Turnover : 0.82 (As of Dec. 2024)

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What is Pryce 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. Pryce's Cost of Goods Sold for the three months ended in Dec. 2024 was ₱2,853 Mil. Pryce's Average Total Inventories for the quarter that ended in Dec. 2024 was ₱3,465 Mil. Pryce's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pryce's Days Inventory for the three months ended in Dec. 2024 was 110.82.

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. Pryce's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.64.

Pryce Inventory Turnover Historical Data

The historical data trend for Pryce'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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Pryce Inventory Turnover Chart

Pryce Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.65

3.71

3.88

3.71

3.91

Pryce Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.89	0.85	0.96	1.17	0.82

Pryce Inventory Turnover Calculation

Pryce'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 )
=	13448.49	/ (	(3431.141	+	3451.002)	/	2 )
=	13448.49	/	3441.0715
=	3.91

Pryce'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	2853.255	/ (	(3479.54	+	3451.002)	/	2 )
=	2853.255	/	3465.271
=	0.82

Pryce (PHS:PPC) 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.

Pryce's Days Inventory for the three 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
	=	3465.271	/	2853.255	*	365 / 4
	=	110.82

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.

Pryce'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 )
	=	3465.271	/	5431.796
	=	0.64

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.

Pryce Inventory Turnover Related Terms

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Pryce Business Description

Industry

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Address

1179 Chino Roces Avenue, Corner Bagtikan Street, 17th Floor Pryce Center Chino, Makati City, PHL, 1226

Website

https://www.pryce.com.ph

Pryce Corp is an LPG, industrial gases, and fuels company. The company, along with its subsidiaries has three operating business segments namely, the Real estate segment, LPG and industrial gases segment, and the Pharmaceutical products segment. It generates the majority of its revenue from the LPG and industrial gases segment. The main real estate business of the company is the development of memorial parks and the sale of memorial lots. LPG and industrial gases segment consists of the import and distribution of liquefied petroleum gas as well as the manufacturing and marketing of industrial gases. The pharmaceutical products segment includes wholesaling and distribution of privately branded multi-vitamins and over-the-counter generic drugs.