Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) Days Inventory : 1.15 (As of Dec. 2023)

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What is Grupo Aeroportuario del SuresteB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo Aeroportuario del SuresteB de CV's Average Total Inventories for the three months ended in Dec. 2023 was $4 Mil. Grupo Aeroportuario del SuresteB de CV's Cost of Goods Sold for the three months ended in Dec. 2023 was $283 Mil. Hence, Grupo Aeroportuario del SuresteB de CV's Days Inventory for the three months ended in Dec. 2023 was 1.15.

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

ASR' s Days Inventory Range Over the Past 10 Years
Min: 1.25 Med: 1.97 Max: 2.63
Current: 2.23

During the past 13 years, Grupo Aeroportuario del SuresteB de CV's highest Days Inventory was 2.63. The lowest was 1.25. And the median was 1.97.

ASR's Days Inventory is ranked better than
83.21% of 780 companies
in the Transportation industry
Industry Median: 11.505 vs ASR: 2.23

Grupo Aeroportuario del SuresteB de CV's Days Inventory stayed the same from Dec. 2022 (1.15) to Dec. 2023 (1.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo Aeroportuario del SuresteB de CV's Inventory Turnover for the three months ended in Dec. 2023 was 79.53.

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. Grupo Aeroportuario del SuresteB de CV's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

Grupo Aeroportuario del SuresteB de CV Days Inventory Historical Data

The historical data trend for Grupo Aeroportuario del SuresteB 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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Grupo Aeroportuario del SuresteB de CV Days Inventory Chart

Grupo Aeroportuario del SuresteB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2.12

1.70

1.71

2.03

2.08

Grupo Aeroportuario del SuresteB de CV 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															1.15	3.05	-	-	1.15

Competitive Comparison of Grupo Aeroportuario del SuresteB de CV's Days Inventory

For the Airports & Air Services subindustry, Grupo Aeroportuario del SuresteB 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.

Grupo Aeroportuario del SuresteB de CV's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grupo Aeroportuario del SuresteB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupo Aeroportuario del SuresteB de CV's Days Inventory falls into.

Grupo Aeroportuario del SuresteB de CV Days Inventory Calculation

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

Grupo Aeroportuario del SuresteB 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
=	( (3.319	+	3.556)	/	2 )	/	604.382	*	365
=	3.4375					/	604.382	*	365
=	2.08

Grupo Aeroportuario del SuresteB de CV'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	+	3.556)	/	1 )	/	282.802	*	365 / 4
=	3.556					/	282.802	*	365 / 4
=	1.15

Grupo Aeroportuario del SuresteB de CV (NYSE:ASR) 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.

Grupo Aeroportuario del SuresteB de CV's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	282.802	/	3.556
	=	79.53

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.

Grupo Aeroportuario del SuresteB de CV's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.556	/	405.14
	=	0.01

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.

Grupo Aeroportuario del SuresteB de CV Days Inventory Related Terms

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

Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ASRMF:USA ASURB:Mexico AED:Germany ASR:Argentina

Address

Bosque de Alisos No. 47A - 4th Floor, Bosques de las Lomas, Ciudad de Mexico, DF, MEX, 05120

Website

https://www.asur.com.mx

Grupo Aeroportuario del Sureste SAB de CV operates airports in southeast Mexico. The company's segments include Cancun; Aerostar; Airplan; Merida; Villahermosa; Holding and Services and other. It generates maximum revenue from the Cancun segment.