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Sociedad Comercial del Plata (BUE:COME) Days Inventory : 15.01 (As of Dec. 2023)


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What is Sociedad Comercial del Plata Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sociedad Comercial del Plata's Average Total Inventories for the three months ended in Dec. 2023 was ARS19,108 Mil. Sociedad Comercial del Plata's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS116,195 Mil. Hence, Sociedad Comercial del Plata's Days Inventory for the three months ended in Dec. 2023 was 15.01.

The historical rank and industry rank for Sociedad Comercial del Plata's Days Inventory or its related term are showing as below:

BUE:COME' s Days Inventory Range Over the Past 10 Years
Min: 10.12   Med: 24.94   Max: 99.73
Current: 22.65

During the past 13 years, Sociedad Comercial del Plata's highest Days Inventory was 99.73. The lowest was 10.12. And the median was 24.94.

BUE:COME's Days Inventory is ranked better than
83.96% of 449 companies
in the Conglomerates industry
Industry Median: 72.34 vs BUE:COME: 22.65

Sociedad Comercial del Plata's Days Inventory increased from Dec. 2022 (5.92) to Dec. 2023 (15.01). It might indicate that Sociedad Comercial del Plata's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sociedad Comercial del Plata's Inventory Turnover for the three months ended in Dec. 2023 was 6.08.

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. Sociedad Comercial del Plata's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


Sociedad Comercial del Plata Days Inventory Historical Data

The historical data trend for Sociedad Comercial del Plata'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.

Sociedad Comercial del Plata Days Inventory Chart

Sociedad Comercial del Plata 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 18.83 20.48 13.33 12.17 29.40

Sociedad Comercial del Plata 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 5.92 39.37 21.59 25.03 15.01

Competitive Comparison of Sociedad Comercial del Plata's Days Inventory

For the Conglomerates subindustry, Sociedad Comercial del Plata'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.


Sociedad Comercial del Plata's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sociedad Comercial del Plata's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sociedad Comercial del Plata's Days Inventory falls into.



Sociedad Comercial del Plata Days Inventory Calculation

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

Sociedad Comercial del Plata'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
=( (11985.071 + 23525.985) / 2 ) / 220436.608*365
=17755.528 / 220436.608*365
=29.40

Sociedad Comercial del Plata'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
=( (14689.135 + 23525.985) / 2 ) / 116195.281*365 / 4
=19107.56 / 116195.281*365 / 4
=15.01

* 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.


Sociedad Comercial del Plata  (BUE:COME) 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.

Sociedad Comercial del Plata'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.

Sociedad Comercial del Plata'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.


Sociedad Comercial del Plata Days Inventory Related Terms

Thank you for viewing the detailed overview of Sociedad Comercial del Plata's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Sociedad Comercial del Plata (BUE:COME) Business Description

Traded in Other Exchanges
Address
1st Floor, Tower B, Thames Office Park,, Pan American Collector, Buenos Aires, ARG, B1607EEV
Sociedad Comercial del Plata SA is an investment holding company. It invests in companies engaged in construction, agribusiness, entertainment, energy, transportation and infrastructure and real estate sectors.

Sociedad Comercial del Plata (BUE:COME) Headlines

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