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Convertidora IndustrialB de CV (MEX:CONVERA) Change In Inventory : MXN24 Mil (TTM As of Sep. 2024)


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What is Convertidora IndustrialB de CV Change In Inventory?

Convertidora IndustrialB de CV's change in inventory for the quarter that ended in Sep. 2024 was MXN-28 Mil. It means Convertidora IndustrialB de CV's inventory increased by MXN28 Mil from Jun. 2024 to Sep. 2024 .

Convertidora IndustrialB de CV's change in inventory for the fiscal year that ended in Dec. 2023 was MXN60 Mil. It means Convertidora IndustrialB de CV's inventory declined by MXN60 Mil from Dec. 2022 to Dec. 2023 .

Convertidora IndustrialB de CV's Total Inventories for the quarter that ended in Sep. 2024 was MXN401 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Convertidora IndustrialB de CV's Days Inventory for the quarter that ended in Sep. 2024 was 115.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Convertidora IndustrialB de CV's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.79.

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. Convertidora IndustrialB de CV's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.00.


Convertidora IndustrialB de CV Change In Inventory Historical Data

The historical data trend for Convertidora IndustrialB de CV'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.

* Premium members only.

Convertidora IndustrialB de CV Change In Inventory Chart

Convertidora IndustrialB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.49 66.94 -59.78 29.80 60.21

Convertidora IndustrialB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In 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 -36.34 46.95 13.66 -8.86 -27.94

Convertidora IndustrialB de CV Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN24 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.


Convertidora IndustrialB de CV  (MEX:CONVERA) Change In Inventory Explanation

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

Convertidora IndustrialB de CV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=387.645/306.708*365 / 4
=115.33

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

Convertidora IndustrialB de CV's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Convertidora IndustrialB de CV's Inventory to Revenue for the quarter that ended in Sep. 2024 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.


Convertidora IndustrialB de CV Change In Inventory Related Terms

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Convertidora IndustrialB de CV Business Description

Traded in Other Exchanges
N/A
Address
Rio de la Lonza 2073, Atlas, Jalisco, Guadalajara, MEX, 44800
Convertidora Industrial SAB de CV is a Mexico-based company engaged in the production and distribution of plastic film for food packaging and articles for party's decorations.

Convertidora IndustrialB de CV Headlines

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