Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) Change In Inventory : COP0.00 Mil (TTM As of Sep. 2023)

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What is Cementos Argos S.A. Change In Inventory?

Cementos Argos S.A.'s change in inventory for the quarter that ended in Sep. 2023 was COP0.00 Mil. It means Cementos Argos S.A.'s inventory stayed the same from Jun. 2023 to Sep. 2023 .

Cementos Argos S.A.'s change in inventory for the fiscal year that ended in Dec. 2022 was COP-338,800.00 Mil. It means Cementos Argos S.A.'s inventory increased by COP338,800.00 Mil from Dec. 2021 to Dec. 2022 .

Cementos Argos S.A.'s Total Inventories for the quarter that ended in Sep. 2023 was COP1,320,750.00 Mil.

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 quarter that ended in Sep. 2023 was 53.87.

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 1.69.

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 0.44.

Cementos Argos S.A. Change In Inventory Historical Data

The historical data trend for Cementos Argos S.A.'s Change In 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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Cementos Argos S.A. Change In Inventory Chart

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-77,366.00

-66,115.00

97,350.00

-166,667.00

-338,800.00

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
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Cementos Argos S.A. Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was COP0.00 Mil.

Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1362258.5	/	2307349	*	365 / 4
	=	53.87

2. 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	/	Average Total Inventories
	=	2307349	/	1362258.5
	=	1.69

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.

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	/	Revenue
	=	1362258.5	/	3086634
	=	0.44

Cementos Argos S.A. Change In Inventory Related Terms

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Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) Business Description

Industry

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Traded in Other Exchanges

CMTOY:USA CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

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.

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