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Inversora Juramento (BUE:INVJ) Days Inventory : 85.63 (As of Dec. 2023)


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What is Inversora Juramento Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inversora Juramento's Average Total Inventories for the three months ended in Dec. 2023 was ARS21,547 Mil. Inversora Juramento's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS22,962 Mil. Hence, Inversora Juramento's Days Inventory for the three months ended in Dec. 2023 was 85.63.

The historical rank and industry rank for Inversora Juramento's Days Inventory or its related term are showing as below:

BUE:INVJ' s Days Inventory Range Over the Past 10 Years
Min: 81.11   Med: 128.8   Max: 200.15
Current: 81.11

During the past 13 years, Inversora Juramento's highest Days Inventory was 200.15. The lowest was 81.11. And the median was 128.80.

BUE:INVJ's Days Inventory is ranked better than
50.53% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs BUE:INVJ: 81.11

Inversora Juramento's Days Inventory increased from Dec. 2022 (58.03) to Dec. 2023 (85.63). It might indicate that Inversora Juramento's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inversora Juramento's Inventory Turnover for the three months ended in Dec. 2023 was 1.07.

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. Inversora Juramento's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.


Inversora Juramento Days Inventory Historical Data

The historical data trend for Inversora Juramento'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.

Inversora Juramento Days Inventory Chart

Inversora Juramento Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.89 200.15 153.68 100.41 115.29

Inversora Juramento 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 58.03 110.95 94.83 52.60 85.63

Competitive Comparison of Inversora Juramento's Days Inventory

For the Farm Products subindustry, Inversora Juramento'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.


Inversora Juramento's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inversora Juramento's Days Inventory distribution charts can be found below:

* The bar in red indicates where Inversora Juramento's Days Inventory falls into.



Inversora Juramento Days Inventory Calculation

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

Inversora Juramento's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (19908.392 + 17064.233) / 2 ) / 58526.588*365
=18486.3125 / 58526.588*365
=115.29

Inversora Juramento'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
=( (17064.233 + 26029.222) / 2 ) / 22961.545*365 / 4
=21546.7275 / 22961.545*365 / 4
=85.63

* 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.


Inversora Juramento  (BUE:INVJ) 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.

Inversora Juramento'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.

Inversora Juramento's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=21546.7275 / 32448.296
=0.66

* 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.


Inversora Juramento Days Inventory Related Terms

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


Inversora Juramento (BUE:INVJ) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Tavella 2491, Joaquin Gonzalez, Salta, ARG, CP 4400
Inversora Juramento is engaged in cattle farming and meat production business in Salta, Argentina. The company also participates in the agricultural production mainly used to supply the consumption of own livestock.

Inversora Juramento (BUE:INVJ) Headlines

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