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MercadoLibre (NAS:MELI) Days Inventory

: 11.66 (As of Sep. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). MercadoLibre's Average Total Inventories for the three months ended in Sep. 2022 was $172 Mil. MercadoLibre's Cost of Goods Sold for the three months ended in Sep. 2022 was $1,342 Mil. Hence, MercadoLibre's Days Inventory for the three months ended in Sep. 2022 was 11.66.

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

MELI' s Days Inventory Range Over the Past 10 Years
Min: 0.38   Med: 1.76   Max: 16.67
Current: 15.18

During the past 13 years, MercadoLibre's highest Days Inventory was 16.67. The lowest was 0.38. And the median was 1.76.

MELI's Days Inventory is ranked better than
93.76% of 1057 companies
in the Retail - Cyclical industry
Industry Median: 108.04 vs MELI: 15.18

MercadoLibre's Days Inventory declined from Sep. 2021 (17.20) to Sep. 2022 (11.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. MercadoLibre's Inventory Turnover for the three months ended in Sep. 2022 was 7.83.

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. MercadoLibre's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.06.


MercadoLibre Days Inventory Historical Data

The historical data trend for MercadoLibre'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.

MercadoLibre Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.76 2.02 10.22 16.67

MercadoLibre Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 17.20 17.14 19.11 14.66 11.66

Competitive Comparison

For the Internet Retail subindustry, MercadoLibre'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.

   

MercadoLibre Days Inventory Distribution

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

* The bar in red indicates where MercadoLibre's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.



MercadoLibre Days Inventory Calculation

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

MercadoLibre's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (118.14 + 253.077) / 2 ) / 4064.357*365
=185.6085 / 4064.357*365
=16.67

MercadoLibre's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (183 + 160) / 2 ) / 1342*365 / 4
=171.5 / 1342*365 / 4
=11.66

* 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.


MercadoLibre  (NAS:MELI) 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.

MercadoLibre's Inventory Turnover for the three months ended in Sep. 2022 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.

MercadoLibre's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

* 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.


MercadoLibre Days Inventory Related Terms

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


MercadoLibre (NAS:MELI) Business Description

MercadoLibre logo
Address
WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300
MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Executives
Petroni Merhy Andrea Mayumi director HOUSE B, 32 STANLEY VILLAGE ROAD, STANLEY K3 000000
De La Serna Juan Martin officer: Executive VP Corporate Affairs AV. PTE. PERON 2375, LOTE MN04, PILAR, BUENOS AIRES C1 1629
Richard A Sanders director 80 PALL MALL, LONDON X0 SW1Y 5ES
Ariel Szarfsztejn officer: Executive VP - Commerce POSTA 4789, 6TH FLOOR, BUENOS AIRES C1 C1430CRG
Henrique Vasoncelos Dubugras director 1000 LAUREL WAY, BEVERLY HILLS CA 90210
Meyer Malka director C/O MERCADOLIBRE, INC., ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1C1430CRG
Roberto Balls Sallouti director ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1 C1430CRG
Emiliano Calemzuk director C/O MERCADOLIBRE, INC., TRONADOR 4890, 8TH FLOOR, BUENOS AIRES C1 C1430DNN
Alejandro Nicolas Aguzin director ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1430DNN
Ebay Inc 10 percent owner 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Javier Olivan director 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Susan Segal director
Pedro Arnt officer: Executive VP and CFO ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1430CRG
Daniel Rabinovich officer: VP-Chief Technology Officer ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1430CRG
Marcelo Melamud officer: V. P. Chief Accounting Officer TRONADOR 4890, 8TH FLOOR, BUENOS AIRES C1 C1430DNN

MercadoLibre (NAS:MELI) Headlines

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