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NemakB de CV (NemakB de CV) Days Inventory : 77.67 (As of Mar. 2024)


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What is NemakB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NemakB de CV's Average Total Inventories for the three months ended in Mar. 2024 was $911 Mil. NemakB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,071 Mil. Hence, NemakB de CV's Days Inventory for the three months ended in Mar. 2024 was 77.67.

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

NMAKF' s Days Inventory Range Over the Past 10 Years
Min: 53.84   Med: 64.13   Max: 78.49
Current: 74.85

During the past 12 years, NemakB de CV's highest Days Inventory was 78.49. The lowest was 53.84. And the median was 64.13.

NMAKF's Days Inventory is ranked better than
55.48% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 81.57 vs NMAKF: 74.85

NemakB de CV's Days Inventory increased from Mar. 2023 (70.64) to Mar. 2024 (77.67). It might indicate that NemakB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NemakB de CV's Inventory Turnover for the three months ended in Mar. 2024 was 1.17.

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. NemakB de CV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.75.


NemakB de CV Days Inventory Historical Data

The historical data trend for NemakB 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.

* Premium members only.

NemakB de CV Days Inventory Chart

NemakB de CV 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 63.91 76.13 80.10 73.31 71.69

NemakB 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 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 70.64 69.69 70.83 76.05 77.67

Competitive Comparison of NemakB de CV's Days Inventory

For the Auto Parts subindustry, NemakB 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.


NemakB de CV's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NemakB de CV's Days Inventory distribution charts can be found below:

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



NemakB de CV Days Inventory Calculation

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

NemakB 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
=( (846.375 + 904.049) / 2 ) / 4456.287*365
=875.212 / 4456.287*365
=71.69

NemakB 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
=( (904.049 + 918.459) / 2 ) / 1070.574*365 / 4
=911.254 / 1070.574*365 / 4
=77.67

* 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.


NemakB de CV  (OTCPK:NMAKF) 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.

NemakB de CV's Inventory Turnover for the three months ended in Mar. 2024 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.

NemakB de CV's Inventory to Revenue for the three months ended in Mar. 2024 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.


NemakB de CV Days Inventory Related Terms

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


NemakB de CV (NemakB de CV) Business Description

Traded in Other Exchanges
Address
Libramiento Arco Vial Km. 3.8, Garcia, Mexico, NL, MEX, 66000
Nemak SAB de CV is a Mexican company that is active in the automotive industry. The company is engaged in the production of complex aluminum components for powertrain and body structure applications. Its product portfolio includes cylinder heads, engine blocks, transmission parts, structural parts, cargo floor reinforcement, reinforcement side members, transmission housing, shock tower, cross member, support bracket, frame rail, and other components. The company has business operations in Canada, the United States, Mexico, Brazil, Spain, Germany, Poland, Russia, India, China, and others. Nemak earns nearly half of its revenue from North America.