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Embotelladora Andina (Embotelladora Andina) Days Inventory

: 60.01 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Embotelladora Andina's Average Total Inventories for the three months ended in Dec. 2023 was $278 Mil. Embotelladora Andina's Cost of Goods Sold for the three months ended in Dec. 2023 was $423 Mil. Hence, Embotelladora Andina's Days Inventory for the three months ended in Dec. 2023 was 60.01.

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

AKO.A' s Days Inventory Range Over the Past 10 Years
Min: 42.37   Med: 49.04   Max: 56.7
Current: 56.7

During the past 13 years, Embotelladora Andina's highest Days Inventory was 56.70. The lowest was 42.37. And the median was 49.04.

AKO.A's Days Inventory is ranked better than
59.26% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165 vs AKO.A: 56.70

Embotelladora Andina's Days Inventory increased from Dec. 2022 (47.33) to Dec. 2023 (60.01). It might indicate that Embotelladora Andina's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Embotelladora Andina's Inventory Turnover for the three months ended in Dec. 2023 was 1.52.

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. Embotelladora Andina's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.41.


Embotelladora Andina Days Inventory Historical Data

The historical data trend for Embotelladora Andina'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.

Embotelladora Andina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.90 48.64 45.57 49.01 54.75

Embotelladora Andina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 47.33 50.18 59.59 59.76 60.01

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Embotelladora Andina'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.


Embotelladora Andina Days Inventory Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Embotelladora Andina's Days Inventory distribution charts can be found below:

* The bar in red indicates where Embotelladora Andina's Days Inventory falls into.



Embotelladora Andina Days Inventory Calculation

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

Embotelladora Andina'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
=( (283.603 + 266.972) / 2 ) / 1835.154*365
=275.2875 / 1835.154*365
=54.75

Embotelladora Andina's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (289.623 + 266.972) / 2 ) / 423.159*365 / 4
=278.2975 / 423.159*365 / 4
=60.01

* 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.


Embotelladora Andina  (NYSE:AKO.A) 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.

Embotelladora Andina's Inventory Turnover for the three months ended in Dec. 2023 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.

Embotelladora Andina's Inventory to Revenue for the three months ended in Dec. 2023 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.


Embotelladora Andina Days Inventory Related Terms

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


Embotelladora Andina (Embotelladora Andina) Business Description

Address
Miraflores 9153, 7th Floor, Renca, Santiago, CHL
Embotelladora Andina SA is a Coca-Cola bottler in Latin America that produces carbonated soft drinks, water, fruit juices, energy drinks, and sports drinks that it sells under various Coca-Cola brands. Its geographic segment includes Chile, Brazil, Argentina, and Paraguay. The company also sells non-Coca-Cola branded teas, juices, beers, and spirits.

Embotelladora Andina (Embotelladora Andina) Headlines

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