MerryMart Consumer (PHS:MM) Days Inventory : 168.36 (As of Sep. 2023)

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What is MerryMart Consumer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MerryMart Consumer's Average Total Inventories for the three months ended in Sep. 2023 was ₱3,309 Mil. MerryMart Consumer's Cost of Goods Sold for the three months ended in Sep. 2023 was ₱1,794 Mil. Hence, MerryMart Consumer's Days Inventory for the three months ended in Sep. 2023 was 168.36.

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

PHS:MM' s Days Inventory Range Over the Past 10 Years
Min: 34.84 Med: 42.63 Max: 162.94
Current: 162.94

During the past 7 years, MerryMart Consumer's highest Days Inventory was 162.94. The lowest was 34.84. And the median was 42.63.

PHS:MM's Days Inventory is ranked worse than
95.36% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.995 vs PHS:MM: 162.94

MerryMart Consumer's Days Inventory increased from Sep. 2022 (137.44) to Sep. 2023 (168.36). It might indicate that MerryMart Consumer's sales slowed down.

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. MerryMart Consumer's Inventory Turnover for the three months ended in Sep. 2023 was 0.54.

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. MerryMart Consumer's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.59.

MerryMart Consumer Days Inventory Historical Data

The historical data trend for MerryMart Consumer'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.

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MerryMart Consumer Days Inventory Chart

MerryMart Consumer Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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42.63

34.94

53.43

117.52

129.88

MerryMart Consumer Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															137.44	141.38	169.03	172.46	168.36

Competitive Comparison of MerryMart Consumer's Days Inventory

For the Grocery Stores subindustry, MerryMart Consumer'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.

MerryMart Consumer's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MerryMart Consumer's Days Inventory distribution charts can be found below:

* The bar in red indicates where MerryMart Consumer's Days Inventory falls into.

MerryMart Consumer Days Inventory Calculation

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

MerryMart Consumer's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1372.728	+	2393.63)	/	2 )	/	5292.211	*	365
=	1883.179					/	5292.211	*	365
=	129.88

MerryMart Consumer's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3238.456	+	3379.684)	/	2 )	/	1793.521	*	365 / 4
=	3309.07					/	1793.521	*	365 / 4
=	168.36

MerryMart Consumer (PHS:MM) 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.

MerryMart Consumer's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1793.521	/	3309.07
	=	0.54

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.

MerryMart Consumer's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3309.07	/	2078.227
	=	1.59

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.

MerryMart Consumer Days Inventory Related Terms

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

MerryMart Consumer (PHS:MM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MerryMart Consumer Corp (PHS:MM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302

Website

https://www.merrymart.com.ph

MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

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