Swift Foods (PHS:SFIP.PFD) Change In Inventory : ₱2.53 Mil (TTM As of Mar. 2024)

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What is Swift Foods Change In Inventory?

Swift Foods's change in inventory for the quarter that ended in Mar. 2024 was ₱-1.07 Mil. It means Swift Foods's inventory increased by ₱1.07 Mil from Dec. 2023 to Mar. 2024 .

Swift Foods's change in inventory for the fiscal year that ended in Dec. 2023 was ₱2.53 Mil. It means Swift Foods's inventory declined by ₱2.53 Mil from Dec. 2022 to Dec. 2023 .

Swift Foods's Total Inventories for the quarter that ended in Mar. 2024 was ₱6.21 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Swift Foods's Days Inventory for the quarter that ended in Mar. 2024 was 61.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Swift Foods's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.49.

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. Swift Foods's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Swift Foods Change In Inventory Historical Data

The historical data trend for Swift Foods's Change In Inventory 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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Swift Foods Change In Inventory Chart

Swift Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.45

-0.37

1.37

-5.39

2.53

Swift Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-1.07	1.85	-0.81	2.57	-1.07

Swift Foods Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2.53 Mil.

Swift Foods (PHS:SFIP.PFD) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Swift Foods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.6735	/	8.442	*	365 / 4
	=	61.33

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Swift Foods's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.442	/	5.6735
	=	1.49

3. 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.

Swift Foods's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.6735	/	8.819
	=	0.64

Swift Foods Change In Inventory Related Terms

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Swift Foods (PHS:SFIP.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Swift Foods Inc (PHS:SFIP.PFD) » Definitions » Change In Inventory

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SFI:Philippines

Address

Sheridan Corner, Pioneer Streets, 4th Floor RFM Corporate Center, Mandaluyong, PHL, 1550

Website

https://www.swiftfoods.com.ph

Swift Foods Inc is engaged in manufacturing, marketing, and distributing poultry products and commercial feeds. The company is primarily organized into two business divisions, namely, agribusiness (poultry and feeds) and meat (meat processing and sales & distribution) divisions. The company operates and derives principally all of its revenue from domestic operations.

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