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Orbia AdvanceB de CV (Orbia AdvanceB de CV) Days Inventory : 74.99 (As of Sep. 2023)


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What is Orbia AdvanceB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orbia AdvanceB de CV's Average Total Inventories for the three months ended in Sep. 2023 was $1,216 Mil. Orbia AdvanceB de CV's Cost of Goods Sold for the three months ended in Sep. 2023 was $1,479 Mil. Hence, Orbia AdvanceB de CV's Days Inventory for the three months ended in Sep. 2023 was 74.99.

The historical rank and industry rank for Orbia AdvanceB de CV's Days Inventory or its related term are showing as below:

MXCHY' s Days Inventory Range Over the Past 10 Years
Min: 51.29   Med: 60.75   Max: 77.29
Current: 77.29

During the past 13 years, Orbia AdvanceB de CV's highest Days Inventory was 77.29. The lowest was 51.29. And the median was 60.75.

MXCHY's Days Inventory is ranked better than
54.52% of 1493 companies
in the Chemicals industry
Industry Median: 82.92 vs MXCHY: 77.29

Orbia AdvanceB de CV's Days Inventory increased from Sep. 2022 (73.92) to Sep. 2023 (74.99). It might indicate that Orbia AdvanceB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orbia AdvanceB de CV's Inventory Turnover for the three months ended in Sep. 2023 was 1.22.

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. Orbia AdvanceB de CV's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.62.


Orbia AdvanceB de CV Days Inventory Historical Data

The historical data trend for Orbia AdvanceB 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.

Orbia AdvanceB de CV Days Inventory Chart

Orbia AdvanceB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.08 60.67 66.53 63.83 67.34

Orbia AdvanceB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 73.92 78.45 73.20 74.52 74.99

Competitive Comparison of Orbia AdvanceB de CV's Days Inventory

For the Chemicals subindustry, Orbia AdvanceB 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.


Orbia AdvanceB de CV's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orbia AdvanceB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orbia AdvanceB de CV's Days Inventory falls into.



Orbia AdvanceB de CV Days Inventory Calculation

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

Orbia AdvanceB de CV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1292 + 1320) / 2 ) / 7079*365
=1306 / 7079*365
=67.34

Orbia AdvanceB de CV's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1238 + 1193) / 2 ) / 1479*365 / 4
=1215.5 / 1479*365 / 4
=74.99

* 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.


Orbia AdvanceB de CV  (OTCPK:MXCHY) 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.

Orbia AdvanceB de CV's Inventory Turnover for the three months ended in Sep. 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.

Orbia AdvanceB de CV's Inventory to Revenue for the three months ended in Sep. 2023 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.


Orbia AdvanceB de CV Days Inventory Related Terms

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


Orbia AdvanceB de CV (Orbia AdvanceB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 483, Piso 47, Colonia Cuauhtemoc, Alcaldía Cuauhtemoc, Ciudad de México, MEX, MEX, 06500
Orbia Advance Corp SAB de CV manufactures and sells a variety of chemical-based products and energy. The firm's operating segments are included in five business groups: i) Building and Infrastructure (under the Wavin brand), ii) Connectivity Solutions (under the Dura-Line brand), iii) Precision Agriculture (under the Netafim brand), iv) Fluorinated Solutions (under the Koura brand), and v) Polymer Solutions (under the Vestolit and Alphagary brands). The majority of revenue comes from the USA and Europe.