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Cementos Argos S.A. (Cementos Argos S.A.) Total Inventories : $326 Mil (As of Sep. 2023)


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What is Cementos Argos S.A. Total Inventories?

Cementos Argos S.A.'s total inventories for the quarter that ended in Sep. 2023 was $326 Mil. Cementos Argos S.A.'s average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $321 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cementos Argos S.A.'s Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-9.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cementos Argos S.A.'s Days Inventory for the three months ended in Sep. 2023 was 51.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cementos Argos S.A.'s Inventory Turnover for the quarter that ended in Sep. 2023 was 1.77.

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. Cementos Argos S.A.'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.42.


Cementos Argos S.A. Total Inventories Historical Data

The historical data trend for Cementos Argos S.A.'s Total Inventories 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.

Cementos Argos S.A. Total Inventories Chart

Cementos Argos S.A. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259.83 250.59 227.77 261.78 314.27

Cementos Argos S.A. Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial 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 308.59 314.27 305.93 316.57 325.72

Cementos Argos S.A. Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Cementos Argos S.A.  (OTCPK:CMTOY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Cementos Argos S.A.'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(266.249+0.75 * 347.642+0.5 * 325.719-2654.014
-0-205.985)/234.089
=-9.27

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

Cementos Argos S.A.'s Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=321.1455/569.031*365 / 4
=51.50

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

Cementos Argos S.A.'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=569.031 / 321.1455
=1.77

4. 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.

Cementos Argos S.A.'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=321.1455 / 761.215
=0.42

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Cementos Argos S.A. Total Inventories Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Traded in Other Exchanges
Address
Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL
Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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