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Corporacion Financiera Colombiana (BOG:CORFICOLCF) Days Inventory : 5.25 (As of Dec. 2023)


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What is Corporacion Financiera Colombiana Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Corporacion Financiera Colombiana's Average Total Inventories for the three months ended in Dec. 2023 was COP258,634 Mil. Corporacion Financiera Colombiana's Cost of Goods Sold for the three months ended in Dec. 2023 was COP4,497,829 Mil. Hence, Corporacion Financiera Colombiana's Days Inventory for the three months ended in Dec. 2023 was 5.25.

The historical rank and industry rank for Corporacion Financiera Colombiana's Days Inventory or its related term are showing as below:

BOG:CORFICOLCF' s Days Inventory Range Over the Past 10 Years
Min: 7.99   Med: 11.81   Max: 1147.35
Current: 11.26

During the past 11 years, Corporacion Financiera Colombiana's highest Days Inventory was 1147.35. The lowest was 7.99. And the median was 11.81.

BOG:CORFICOLCF's Days Inventory is ranked better than
79.64% of 167 companies
in the Asset Management industry
Industry Median: 76.77 vs BOG:CORFICOLCF: 11.26

Corporacion Financiera Colombiana's Days Inventory declined from Dec. 2022 (6.89) to Dec. 2023 (5.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Corporacion Financiera Colombiana's Inventory Turnover for the three months ended in Dec. 2023 was 17.39.

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. Corporacion Financiera Colombiana's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


Corporacion Financiera Colombiana Days Inventory Historical Data

The historical data trend for Corporacion Financiera Colombiana'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.

Corporacion Financiera Colombiana Days Inventory Chart

Corporacion Financiera Colombiana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 9.18 9.58 11.56 11.26

Corporacion Financiera Colombiana Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 6.89 19.00 - - 5.25

Competitive Comparison of Corporacion Financiera Colombiana's Days Inventory

For the Asset Management subindustry, Corporacion Financiera Colombiana'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.


Corporacion Financiera Colombiana's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Corporacion Financiera Colombiana's Days Inventory distribution charts can be found below:

* The bar in red indicates where Corporacion Financiera Colombiana's Days Inventory falls into.



Corporacion Financiera Colombiana Days Inventory Calculation

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

Corporacion Financiera Colombiana'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
=( (261588 + 258634) / 2 ) / 8431522*365
=260111 / 8431522*365
=11.26

Corporacion Financiera Colombiana'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
=( (0 + 258634) / 1 ) / 4497829*365 / 4
=258634 / 4497829*365 / 4
=5.25

* 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.


Corporacion Financiera Colombiana  (BOG:CORFICOLCF) 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.

Corporacion Financiera Colombiana'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.

Corporacion Financiera Colombiana'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.


Corporacion Financiera Colombiana Days Inventory Related Terms

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


Corporacion Financiera Colombiana (BOG:CORFICOLCF) Business Description

Traded in Other Exchanges
Address
Carrera 13 No. 26-45, Floor 8, Bogota, COL
Corporacion Financiera Colombiana SA is a financial service provider based in Colombia. The company along with its subsidiaries provides investment banking, commercial banking, treasury, and investments services to its customers. Through its business divisions, it offers debt and capital resources, mergers and acquisitions services, liquidity solutions, and foreign currency.

Corporacion Financiera Colombiana (BOG:CORFICOLCF) Headlines

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