Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Change In Inventory

: $0 Mil (TTM As of Sep. 2023)

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Fomento Economico MexicanoB de CV's change in inventory for the quarter that ended in Sep. 2023 was $0 Mil. It means Fomento Economico MexicanoB de CV's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Fomento Economico MexicanoB de CV's change in inventory for the fiscal year that ended in Dec. 2022 was $-396 Mil. It means Fomento Economico MexicanoB de CV's inventory increased by $396 Mil from Dec. 2021 to Dec. 2022 .

Fomento Economico MexicanoB de CV's Total Inventories for the quarter that ended in Sep. 2023 was $3,202 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fomento Economico MexicanoB de CV's Days Inventory for the quarter that ended in Sep. 2023 was 45.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fomento Economico MexicanoB de CV's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.01.

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. Fomento Economico MexicanoB de CV's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.31.

Fomento Economico MexicanoB de CV Change In Inventory Historical Data

The historical data trend for Fomento Economico MexicanoB de CV'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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Fomento Economico MexicanoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-298.78

-12.42

-381.93

-396.29

Fomento Economico MexicanoB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Fomento Economico MexicanoB de CV 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 $0 Mil.

Fomento Economico MexicanoB de CV (NYSE:FMX) Change In Inventory Explanation

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

Fomento Economico MexicanoB de CV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3309.0005	/	6660.238	*	365 / 4
	=	45.34

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Fomento Economico MexicanoB de CV's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6660.238	/	3309.0005
	=	2.01

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.

Fomento Economico MexicanoB de CV's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3309.0005	/	10798.33
	=	0.31

Fomento Economico MexicanoB de CV Change In Inventory Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fomento Economico Mexicano SAB de CV (NYSE:FMX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

FMXUF:USA FEMSAUB:Mexico FEMSAUBD:Mexico FOMC:Germany FOMA:Germany FMX:Argentina

Address

General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410

Website

https://www.femsa.com

Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.