Industria Automotriz de CV (MEX:IASASA) Change In Inventory: MXN0.58 Mil (TTM As of Jun. 2011)

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 Industria Automotriz de CV Change In Inventory?

Industria Automotriz de CV MEX:IASASA Change In Inventory is MXN0.58 Mil as of Jun. 2011.

Industria Automotriz de CV's change in inventory for the quarter that ended in Jun. 2011 was MXN0.14 Mil. It means Industria Automotriz de CV's inventory declined by MXN0.14 Mil from Mar. 2011 to Jun. 2011 .

Industria Automotriz de CV's change in inventory for the fiscal year that ended in Dec. 2009 was MXN0.00 Mil. It means Industria Automotriz de CV's inventory stayed the same from Dec. 2008 to Dec. 2009 .

Industria Automotriz de CV's Total Inventories for the quarter that ended in Jun. 2011 was MXN1.50 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Industria Automotriz de CV's Days Inventory for the quarter that ended in Jun. 2011 was 16.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industria Automotriz de CV's Inventory Turnover for the quarter that ended in Jun. 2011 was 5.57.

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. Industria Automotriz de CV's Inventory-to-Revenue for the quarter that ended in Jun. 2011 was 0.16.

Industria Automotriz de CV  (MEX:IASASA) Change In Inventory Explanation

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

Industria Automotriz 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
=1.5715/8.747*365 / 4
=16.39

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

Industria Automotriz de CV's Inventory Turnover for the quarter that ended in Jun. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=8.747 / 1.5715
=5.57

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.

Industria Automotriz de CV's Inventory to Revenue for the quarter that ended in Jun. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.5715 / 9.682
=0.16

* 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.

Industria Automotriz de CV Change In Inventory Related Terms

Industria Automotriz de CV Change In Inventory Historical Data

* Premium members only.

The historical data trend for Industria Automotriz 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.

Industria Automotriz de CV Change In Inventory Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Change In Inventory
0.00 0.11 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Change In Inventory Get a 7-Day Free Trial Premium Member Only -0.95 -0.11 0.62 -0.18 0.14

Industria Automotriz 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 Jun. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0.58 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 MXN0.58 Mil mean?
Industria Automotriz de CV (MEX:IASASA) has a Change In Inventory of MXN0.58 Mil as of Jun. 2011. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Change In Inventory too high?
Industria Automotriz de CV's current Change In Inventory is MXN0.58 Mil.
How does Industria Automotriz de CV's Change In Inventory compare to CSHEF and AMTY?
Industria Automotriz de CV's Change In Inventory of MXN0.58 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts 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 Industria Automotriz de CV and its competitors. Industria Automotriz de CV's current Change In Inventory is MXN0.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current Change In Inventory of MXN0.58 Mil. The current Change In Inventory is MXN0.58 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 Industria Automotriz de CV (MEX:IASASA), the current Change In Inventory is MXN0.58 Mil as of Jun. 2011. 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.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.