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Mabuhay Vinyl (PHS:MVC) Days Inventory : 53.48 (As of Mar. 2024)


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What is Mabuhay Vinyl Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mabuhay Vinyl's Average Total Inventories for the three months ended in Mar. 2024 was ₱258 Mil. Mabuhay Vinyl's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱440 Mil. Hence, Mabuhay Vinyl's Days Inventory for the three months ended in Mar. 2024 was 53.48.

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

PHS:MVC' s Days Inventory Range Over the Past 10 Years
Min: 46.57   Med: 66.35   Max: 75.81
Current: 68.43

During the past 13 years, Mabuhay Vinyl's highest Days Inventory was 75.81. The lowest was 46.57. And the median was 66.35.

PHS:MVC's Days Inventory is ranked better than
61.33% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs PHS:MVC: 68.43

Mabuhay Vinyl's Days Inventory declined from Mar. 2023 (71.80) to Mar. 2024 (53.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mabuhay Vinyl's Inventory Turnover for the three months ended in Mar. 2024 was 1.71.

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. Mabuhay Vinyl's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.36.


Mabuhay Vinyl Days Inventory Historical Data

The historical data trend for Mabuhay Vinyl'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.

Mabuhay Vinyl Days Inventory Chart

Mabuhay Vinyl Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.78 75.81 74.81 65.87 66.82

Mabuhay Vinyl 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 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 71.80 91.37 81.80 51.15 53.48

Competitive Comparison of Mabuhay Vinyl's Days Inventory

For the Chemicals subindustry, Mabuhay Vinyl'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.


Mabuhay Vinyl's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mabuhay Vinyl's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mabuhay Vinyl's Days Inventory falls into.



Mabuhay Vinyl Days Inventory Calculation

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

Mabuhay Vinyl'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
=( (425.166 + 258.052) / 2 ) / 1866.01*365
=341.609 / 1866.01*365
=66.82

Mabuhay Vinyl'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
=( (258.052 + 257.887) / 2 ) / 440.195*365 / 4
=257.9695 / 440.195*365 / 4
=53.48

* 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.


Mabuhay Vinyl  (PHS:MVC) 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.

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

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.

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

* 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

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.


Mabuhay Vinyl Days Inventory Related Terms

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


Mabuhay Vinyl (PHS:MVC) Business Description

Traded in Other Exchanges
N/A
Address
169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Makati City, PHL, 1227
Mabuhay Vinyl Corp is a Philippines based Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite and chlorine which are widely used in diversified industries. The Group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.