Dito CME Holdings (Dito CME Holdings) Inventory Turnover : 2.45 (As of Mar. 2024)

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What is Dito CME Holdings 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. Dito CME Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.6 Mil. Dito CME Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $1.9 Mil. Dito CME Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dito CME Holdings's Days Inventory for the three months ended in Mar. 2024 was 37.27.

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. Dito CME Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Dito CME Holdings Inventory Turnover Historical Data

The historical data trend for Dito CME Holdings'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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Dito CME Holdings Inventory Turnover Chart

Dito CME Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.56

2.18

4.89

Dito CME Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.21	0.75	2.47	2.25	2.45

Dito CME Holdings Inventory Turnover Calculation

Dito CME Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	11.631	/ (	(3.067	+	1.692)	/	2 )
=	11.631	/	2.3795
=	4.89

Dito CME Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	4.555	/ (	(1.692	+	2.029)	/	2 )
=	4.555	/	1.8605
=	2.45

Dito CME Holdings (OTCPK:DTTOF) 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.

Dito CME Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1.8605	/	4.555	*	365 / 4
	=	37.27

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.

Dito CME Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1.8605	/	65.004
	=	0.03

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.

Dito CME Holdings Inventory Turnover Related Terms

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Dito CME Holdings (Dito CME Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Dito CME Holdings Corp (OTCPK:DTTOF) » Definitions » Inventory Turnover

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DITO:Philippines

Address

Rizal Drive Corner 4th Avenue, 21st Floor, Udenna Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.ditocmeholdings.ph

Dito CME Holdings Corp is focused on information technology, multimedia telecommunications, and other similar industries. Along with its subsidiaries, the company also offers digital and internet protocol (IP) converged services to hotels, tourism outfits, and healthcare facilities. It offers in-room entertainment, including digital television services and high-speed Internet access to hotel rooms.

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