Switch to:
Fomento Economico Mexicano SAB de CV (NYSE:FMX)
Days Inventory
40.58 (As of Jun. 2016)

Fomento Economico Mexicano SAB de CV's average inventory for the three months ended in Jun. 2016 was $1,412 Mil. Fomento Economico Mexicano SAB de CV's cost of goods sold for the three months ended in Jun. 2016 was $3,174 Mil. Hence, Fomento Economico Mexicano SAB de CV's days inventory for the three months ended in Jun. 2016 was 40.58.

FMX' s Days Inventory Range Over the Past 10 Years
Min: 38.78   Max: 46.63
Current: 38.78

38.78
46.63

During the past 13 years, Fomento Economico Mexicano SAB de CV's highest Days Inventory was 46.63. The lowest was 38.78. And the median was 41.21.

FMX's Days Inventory is ranked higher than
84% of the 203 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 98.22 vs. FMX: 38.78 )

Fomento Economico Mexicano SAB de CV's days inventory increased from Jun. 2015 (24.25) to Jun. 2016 (40.58). It might indicate that Fomento Economico Mexicano SAB de CV's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Fomento Economico Mexicano SAB de CV's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 25.42.

Inventory turnover measures how fast the company turns over its inventory within a year. Fomento Economico Mexicano SAB de CV's inventory turnover for the three months ended in Jun. 2016 was 2.25.

Inventory to revenue ratio 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. Fomento Economico Mexicano SAB de CV's inventory to revenue ratio for the three months ended in Jun. 2016 was 0.28.


Definition

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

Fomento Economico Mexicano SAB de CV's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (1185.4963672 + 1445.84524535) / 2 ) / 11037.751324*365
=1315.67080628 / 11037.751324*365
=43.51

Fomento Economico Mexicano SAB de CV's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (1394.70116788 + 1428.55611189) / 2 ) / 3174.42022537*365 / 4
=1411.62863988 / 3174.42022537*365 / 4
=40.58

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Fomento Economico Mexicano SAB de CV's Days Sales of Inventory for the three months ended in Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1411.62863988/5068.2970762*365 / 4
=25.42

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Fomento Economico Mexicano SAB de CV's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=3174.42022537 / 1411.62863988
=2.25

3. 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.

Fomento Economico Mexicano SAB de CV's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=1411.62863988 / 5068.2970762
=0.28

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Fomento Economico Mexicano SAB de CV Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 41.2841.5051.4344.5238.7141.9339.6442.8144.8043.51

Fomento Economico Mexicano SAB de CV Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 75.8336.4537.0450.2229.2824.2538.7139.3141.7940.58
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK