Empresa Siderurgica del PeruA (LIM:SIDERC1) Change In Inventory: S/.4 Mil (TTM As of Dec. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Empresa Siderurgica del PeruA Change In Inventory?

Empresa Siderurgica del PeruA LIM:SIDERC1 +1.82% Change In Inventory is S/.4 Mil as of Dec. 2016.

Empresa Siderurgica del PeruA's change in inventory for the quarter that ended in Dec. 2016 was S/.4 Mil. It means Empresa Siderurgica del PeruA's inventory declined by S/.4 Mil from Dec. 2015 to Dec. 2016 .

Empresa Siderurgica del PeruA's change in inventory for the fiscal year that ended in Dec. 2016 was S/.4 Mil. It means Empresa Siderurgica del PeruA's inventory declined by S/.4 Mil from Dec. 2015 to Dec. 2016 .

Empresa Siderurgica del PeruA's Total Inventories for the quarter that ended in Dec. 2016 was S/.378 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empresa Siderurgica del PeruA's Days Inventory for the quarter that ended in Dec. 2016 was 54.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Empresa Siderurgica del PeruA's Inventory Turnover for the quarter that ended in Dec. 2016 was 3.33.

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. Empresa Siderurgica del PeruA's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 0.26.

Empresa Siderurgica del PeruA  (LIM:SIDERC1) Change In Inventory Explanation

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

Empresa Siderurgica del PeruA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=380.604/1268.306*365 / 2
=54.77

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Empresa Siderurgica del PeruA's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1268.306 / 380.604
=3.33

3. 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.

Empresa Siderurgica del PeruA's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=380.604 / 1437.931
=0.26

* 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.

Empresa Siderurgica del PeruA Change In Inventory Related Terms

Empresa Siderurgica del PeruA Change In Inventory Historical Data

* Premium members only.

The historical data trend for Empresa Siderurgica del PeruA's Change In 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.

Empresa Siderurgica del PeruA Change In Inventory Chart

Empresa Siderurgica del PeruA Annual Data
Trend Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Change In Inventory
Get a 7-Day Free Trial 644.51 -188.72 171.62 46.99 4.49

Empresa Siderurgica del PeruA Semi-Annual Data
Dec08 Dec09 Dec10 Dec14 Dec15 Dec16
Change In Inventory Get a 7-Day Free Trial 644.51 -188.72 171.62 46.99 4.49

Empresa Siderurgica del PeruA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2016 was S/.4 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of S/.4 Mil mean?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a Change In Inventory of S/.4 Mil as of Dec. 2016. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Empresa Siderurgica del PeruA and its competitors.
Is Empresa Siderurgica del PeruA's Change In Inventory too high?
Empresa Siderurgica del PeruA's current Change In Inventory is S/.4 Mil.
How does Empresa Siderurgica del PeruA's Change In Inventory compare to competitors?
Empresa Siderurgica del PeruA's Change In Inventory of S/.4 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Empresa Siderurgica del PeruA and its competitors. Empresa Siderurgica del PeruA's current Change In Inventory is S/.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Siderurgica del PeruA stock overvalued right now?
Empresa Siderurgica del PeruA (LIM:SIDERC1) has a current Change In Inventory of S/.4 Mil. The current Change In Inventory is S/.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Empresa Siderurgica del PeruA (LIM:SIDERC1), the current Change In Inventory is S/.4 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empresa Siderurgica del PeruA Business Description

Address Avenue Juan de Arona 151, Tower B, Floor 5, Lima, PER
Empresa Siderurgica del Peru SAA is a steel manufacturing company. The company produces long steel designed for the construction and mining industry. The company provides long, flat, tubular, and road products.