Grupo CarsoB de CV (Grupo CarsoB de CV) Days Inventory : 73.42 (As of Mar. 2024)

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What is Grupo CarsoB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo CarsoB de CV's Average Total Inventories for the three months ended in Mar. 2024 was $1,644 Mil. Grupo CarsoB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,043 Mil. Hence, Grupo CarsoB de CV's Days Inventory for the three months ended in Mar. 2024 was 73.42.

The historical rank and industry rank for Grupo CarsoB de CV's Days Inventory or its related term are showing as below:

GPOVY' s Days Inventory Range Over the Past 10 Years
Min: 62.91 Med: 83.66 Max: 92.01
Current: 69.77

During the past 13 years, Grupo CarsoB de CV's highest Days Inventory was 92.01. The lowest was 62.91. And the median was 83.66.

GPOVY's Days Inventory is ranked better than
51.89% of 449 companies
in the Conglomerates industry
Industry Median: 72.34 vs GPOVY: 69.77

Grupo CarsoB de CV's Days Inventory increased from Mar. 2023 (65.07) to Mar. 2024 (73.42). It might indicate that Grupo CarsoB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo CarsoB de CV's Inventory Turnover for the three months ended in Mar. 2024 was 1.24.

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. Grupo CarsoB de CV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.

Grupo CarsoB de CV Days Inventory Historical Data

The historical data trend for Grupo CarsoB de CV'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.

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Grupo CarsoB de CV Days Inventory Chart

Grupo CarsoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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86.39

89.09

71.22

61.58

64.33

Grupo CarsoB de CV 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															65.07	68.49	71.37	63.92	73.42

Competitive Comparison of Grupo CarsoB de CV's Days Inventory

For the Conglomerates subindustry, Grupo CarsoB de CV'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.

Grupo CarsoB de CV's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo CarsoB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupo CarsoB de CV's Days Inventory falls into.

Grupo CarsoB de CV Days Inventory Calculation

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

Grupo CarsoB de CV'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
=	( (1392.262	+	1640.322)	/	2 )	/	8602.844	*	365
=	1516.292					/	8602.844	*	365
=	64.33

Grupo CarsoB de CV'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
=	( (1640.322	+	1647.65)	/	2 )	/	2043.137	*	365 / 4
=	1643.986					/	2043.137	*	365 / 4
=	73.42

Grupo CarsoB de CV (OTCPK:GPOVY) 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.

Grupo CarsoB de CV's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2043.137	/	1643.986
	=	1.24

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.

Grupo CarsoB de CV's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1643.986	/	2776.006
	=	0.59

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.

Grupo CarsoB de CV Days Inventory Related Terms

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

Grupo CarsoB de CV (Grupo CarsoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Grupo Carso SAB de CV (OTCPK:GPOVY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GPOVF:USA GCARSOA1:Mexico 4GF:Germany

Address

255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529

Website

http://www.gcarso.com.mx

Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.