Araneta Properties (PHS:ARA) Days Inventory : 1,727.55 (As of Mar. 2024)

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What is Araneta Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Araneta Properties's Average Total Inventories for the three months ended in Mar. 2024 was ₱882.0 Mil. Araneta Properties's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱46.6 Mil. Hence, Araneta Properties's Days Inventory for the three months ended in Mar. 2024 was 1,727.55.

The historical rank and industry rank for Araneta Properties's Days Inventory or its related term are showing as below:

PHS:ARA' s Days Inventory Range Over the Past 10 Years
Min: 4990.93 Med: 29017.52 Max: 97566
Current: 6473.15

During the past 13 years, Araneta Properties's highest Days Inventory was 97566.00. The lowest was 4990.93. And the median was 29017.52.

PHS:ARA's Days Inventory is ranked worse than
93.53% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs PHS:ARA: 6473.15

Araneta Properties's Days Inventory declined from Mar. 2023 (154,915.23) to Mar. 2024 (1,727.55).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Araneta Properties's Inventory Turnover for the three months ended in Mar. 2024 was 0.05.

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. Araneta Properties's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.77.

Araneta Properties Days Inventory Historical Data

The historical data trend for Araneta Properties's Days 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.

* Premium members only.

Araneta Properties Days Inventory Chart

Araneta Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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36,915.72

97,566.00

29,017.52

44,485.26

80,177.59

Araneta Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															154,915.23	23,062.86	-	13,585,619.38	1,727.55

Competitive Comparison of Araneta Properties's Days Inventory

For the Real Estate - Development subindustry, Araneta Properties's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Araneta Properties's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Araneta Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Araneta Properties's Days Inventory falls into.

Araneta Properties Days Inventory Calculation

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

Araneta Properties's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (894.772	+	893.298)	/	2 )	/	4.07	*	365
=	894.035					/	4.07	*	365
=	80,177.59

Araneta Properties's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (893.298	+	870.679)	/	2 )	/	46.587	*	365 / 4
=	881.9885					/	46.587	*	365 / 4
=	1,727.55

Araneta Properties (PHS:ARA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Araneta Properties's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.587	/	881.9885
	=	0.05

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.

Araneta Properties's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	881.9885	/	233.886
	=	3.77

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Araneta Properties Days Inventory Related Terms

Thank you for viewing the detailed overview of Araneta Properties's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Araneta Properties (PHS:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Araneta Properties Inc (PHS:ARA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Makati, PHL, 1227

Website

https://www.aranetaproperties.com

Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops, subdivides, sells, leases, rents, mortgages, manages, and otherwise deals in real estate or any interest therein for residential, commercial, industrial, and recreational purposes. Its property portfolio consists of San Jose del Monte, Bulacan Property; Smelting Plant Property; Land Banking Activities in San Jose Del Monte, Bulacan; and the Land Banking Activities City of Laoag, Ilocos Norte.