Vistamalls (PHS:STR) Inventory Turnover : -0.91 (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is Vistamalls 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. Vistamalls's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱-274 Mil. Vistamalls's Average Total Inventories for the quarter that ended in Dec. 2023 was ₱302 Mil. Vistamalls's Inventory Turnover for the quarter that ended in Dec. 2023 was -0.91.

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

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. Vistamalls's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Vistamalls Inventory Turnover Historical Data

The historical data trend for Vistamalls'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.

* Premium members only.

Vistamalls Inventory Turnover Chart

Vistamalls Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.03

0.01

0.03

0.01

0.02

Vistamalls Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-0.35	0.21	1.36	-0.64	-0.91

Vistamalls Inventory Turnover Calculation

Vistamalls'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 )
=	7.4169999999995	/ (	(302.221	+	301.89)	/	2 )
=	7.4169999999995	/	302.0555
=	0.02

Vistamalls's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	-273.583	/ (	(302	+	301.89)	/	2 )
=	-273.583	/	301.945
=	-0.91

Vistamalls (PHS:STR) 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.

Vistamalls's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	301.945	/	-273.583	*	365 / 4
	=

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.

Vistamalls's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	301.945	/	3266.523
	=	0.09

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.

Vistamalls Inventory Turnover Related Terms

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

Vistamalls (PHS:STR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vistamalls Inc (PHS:STR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lower Ground Floor, Building B, EVIA Lifestyle Center, Vista City, Daanghari, Almanza II, Las Pinas City, PHL, 1750

Website

https://www.vistamalls.com.ph

Vistamalls Inc is a real estate investment and development company. The company is engaged in investment, real estate and leasing business in the Philippines. The company owns, develops and operates a chain of malls throughout Mega Manila and in key cities of the Philippines. Its malls are located in Bataan, Iloilo, Daang Hari, and Taguig among other locations.