Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Days Inventory

: 30.82 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Coca-Cola FemsaB de CV's Average Total Inventories for the three months ended in Dec. 2023 was $683 Mil. Coca-Cola FemsaB de CV's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,021 Mil. Hence, Coca-Cola FemsaB de CV's Days Inventory for the three months ended in Dec. 2023 was 30.82.

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

KOF' s Days Inventory Range Over the Past 10 Years
Min: 30.32 Med: 38.05 Max: 41.65
Current: 31.7

During the past 13 years, Coca-Cola FemsaB de CV's highest Days Inventory was 41.65. The lowest was 30.32. And the median was 38.05.

KOF's Days Inventory is ranked better than
89.81% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165 vs KOF: 31.70

Coca-Cola FemsaB de CV's Days Inventory declined from Dec. 2022 (33.18) to Dec. 2023 (30.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Coca-Cola FemsaB de CV's Inventory Turnover for the three months ended in Dec. 2023 was 2.96.

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. Coca-Cola FemsaB de CV's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.

Coca-Cola FemsaB de CV Days Inventory Historical Data

The historical data trend for Coca-Cola FemsaB 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.

Coca-Cola FemsaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

34.45

37.73

37.79

33.56

30.22

Coca-Cola FemsaB 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																33.18	31.44	32.23	32.00	30.82

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola FemsaB 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.

Coca-Cola FemsaB de CV Days Inventory Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola FemsaB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Coca-Cola FemsaB de CV's Days Inventory falls into.

Coca-Cola FemsaB de CV Days Inventory Calculation

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

Coca-Cola FemsaB 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
=	( (609.766	+	699.884)	/	2 )	/	7907.743	*	365
=	654.825					/	7907.743	*	365
=	30.22

Coca-Cola FemsaB 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
=	( (665.427	+	699.884)	/	2 )	/	2020.885	*	365 / 4
=	682.6555					/	2020.885	*	365 / 4
=	30.82

Coca-Cola FemsaB de CV (NYSE:KOF) 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.

Coca-Cola FemsaB 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
	=	2020.885	/	682.6555
	=	2.96

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.

Coca-Cola FemsaB de CV's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	682.6555	/	3753.451
	=	0.18

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.

Coca-Cola FemsaB de CV Days Inventory Related Terms

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

Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (NYSE:KOF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

COCSF:USA KOFUBL:Mexico CFS5:Germany CFSL:Germany CFSL:Germany KOF:Argentina

Address

Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348

Website

https://www.coca-colafemsa.com

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.