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Compania Introductora de Buenos Aires (BUE:INTR) Inventory Turnover : 0.80 (As of Dec. 2023)


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What is Compania Introductora de Buenos Aires Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Compania Introductora de Buenos Aires's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS4,456 Mil. Compania Introductora de Buenos Aires's Average Total Inventories for the quarter that ended in Dec. 2023 was ARS5,597 Mil. Compania Introductora de Buenos Aires's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Compania Introductora de Buenos Aires's Days Inventory for the three months ended in Dec. 2023 was 114.63.

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. Compania Introductora de Buenos Aires's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.72.


Compania Introductora de Buenos Aires Inventory Turnover Historical Data

The historical data trend for Compania Introductora de Buenos Aires's Inventory Turnover 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.

Compania Introductora de Buenos Aires Inventory Turnover Chart

Compania Introductora de Buenos Aires Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.95 3.69 3.67 2.46

Compania Introductora de Buenos Aires Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover 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 2.13 0.73 1.04 0.62 0.80

Compania Introductora de Buenos Aires Inventory Turnover Calculation

Compania Introductora de Buenos Aires's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=8649.552 / ((3597.58 + 3430.446) / 2 )
=8649.552 / 3514.013
=2.46

Compania Introductora de Buenos Aires's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=4455.714 / ((4761.62 + 6432.899) / 2 )
=4455.714 / 5597.2595
=0.80

* 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.


Compania Introductora de Buenos Aires  (BUE:INTR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Compania Introductora de Buenos Aires's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=5597.2595/4455.714*365 / 4
=114.63

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.

Compania Introductora de Buenos Aires's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5597.2595 / 7824.38
=0.72

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Compania Introductora de Buenos Aires Inventory Turnover Related Terms

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Compania Introductora de Buenos Aires (BUE:INTR) Business Description

Traded in Other Exchanges
N/A
Address
Chile 778, Buenos Aires, ARG
Compania Introductora de Buenos Aires SA operates in the packaged food industry. The company industrializes and commercializes table salt, flavour seasonings, vinegar, olive oil, ketchup, soy sauce and syrups for households. It is also present in the industrial market, offering its products to companies that process food, textile companies and petrochemicals among others.

Compania Introductora de Buenos Aires (BUE:INTR) Headlines

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