Organizacion SorianaB de CV (Organizacion SorianaB de CV) Days Inventory : 89.60 (As of Jun. 2023)

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What is Organizacion SorianaB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Organizacion SorianaB de CV's Average Total Inventories for the three months ended in Jun. 2023 was $1,986 Mil. Organizacion SorianaB de CV's Cost of Goods Sold for the three months ended in Jun. 2023 was $2,022 Mil. Hence, Organizacion SorianaB de CV's Days Inventory for the three months ended in Jun. 2023 was 89.60.

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

ONZBF' s Days Inventory Range Over the Past 10 Years
Min: 62.86 Med: 80.01 Max: 95.72
Current: 89.27

During the past 13 years, Organizacion SorianaB de CV's highest Days Inventory was 95.72. The lowest was 62.86. And the median was 80.01.

ONZBF's Days Inventory is ranked better than
58.79% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs ONZBF: 89.27

Organizacion SorianaB de CV's Days Inventory increased from Jun. 2022 (84.91) to Jun. 2023 (89.60). It might indicate that Organizacion SorianaB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Organizacion SorianaB de CV's Inventory Turnover for the three months ended in Jun. 2023 was 1.02.

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. Organizacion SorianaB de CV's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.77.

Organizacion SorianaB de CV Days Inventory Historical Data

The historical data trend for Organizacion SorianaB 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.

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Organizacion SorianaB de CV Days Inventory Chart

Organizacion SorianaB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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84.51

93.96

94.37

85.85

80.06

Organizacion SorianaB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															84.91	87.12	77.28	89.58	89.60

Competitive Comparison of Organizacion SorianaB de CV's Days Inventory

For the Department Stores subindustry, Organizacion SorianaB 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.

Organizacion SorianaB de CV's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Organizacion SorianaB de CV's Days Inventory distribution charts can be found below:

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

Organizacion SorianaB de CV Days Inventory Calculation

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

Organizacion SorianaB de CV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1387.589	+	1522.62)	/	2 )	/	6633.669	*	365
=	1455.1045					/	6633.669	*	365
=	80.06

Organizacion SorianaB de CV's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1749.729	+	2221.549)	/	2 )	/	2022.094	*	365 / 4
=	1985.639					/	2022.094	*	365 / 4
=	89.60

Organizacion SorianaB de CV (OTCPK:ONZBF) 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.

Organizacion SorianaB de CV's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2022.094	/	1985.639
	=	1.02

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.

Organizacion SorianaB de CV's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1985.639	/	2588.336
	=	0.77

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.

Organizacion SorianaB de CV Days Inventory Related Terms

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

Organizacion SorianaB de CV (Organizacion SorianaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Organizacion Soriana SAB de CV (OTCPK:ONZBF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SORIANAB:Mexico

Address

Alejandro De rodas 3102-A, Cumbres 8° Sector, Monterrey, MEX, 64610

Website

https://www.soriana.com.mx

Organizacion Soriana SAB de CV is a Mexican company with a multiformat strategy. Soriana offers a diverse range of products: food, clothing, healthcare, and basic services. The company operates self-service stores, warehouse clubs, and convenience stores. Store formats are diverse, from hypermarkets with 7,000-square-metre average sales floor area, as with Soriana Hiper; to stores offering low prices on basic commodities, as with Soriano Mercado; to stores offering high-quality products, as with Soriana Super.