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Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Days Inventory : 179.08 (As of Mar. 2024)


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What is Corporacion de Ferias y Exposiciones Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Corporacion de Ferias y Exposiciones's Average Total Inventories for the three months ended in Mar. 2024 was COP1,174 Mil. Corporacion de Ferias y Exposiciones's Cost of Goods Sold for the three months ended in Mar. 2024 was COP598 Mil. Hence, Corporacion de Ferias y Exposiciones's Days Inventory for the three months ended in Mar. 2024 was 179.08.

The historical rank and industry rank for Corporacion de Ferias y Exposiciones's Days Inventory or its related term are showing as below:

BOG:CORFERIAS' s Days Inventory Range Over the Past 10 Years
Min: 80.3   Med: 145.04   Max: 895.16
Current: 124.4

During the past 13 years, Corporacion de Ferias y Exposiciones's highest Days Inventory was 895.16. The lowest was 80.30. And the median was 145.04.

BOG:CORFERIAS's Days Inventory is ranked worse than
79.68% of 684 companies
in the Business Services industry
Industry Median: 28.405 vs BOG:CORFERIAS: 124.40

Corporacion de Ferias y Exposiciones's Days Inventory declined from Mar. 2023 (447.61) to Mar. 2024 (179.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Corporacion de Ferias y Exposiciones's Inventory Turnover for the three months ended in Mar. 2024 was 0.51.

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. Corporacion de Ferias y Exposiciones's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.06.


Corporacion de Ferias y Exposiciones Days Inventory Historical Data

The historical data trend for Corporacion de Ferias y Exposiciones'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.

Corporacion de Ferias y Exposiciones Days Inventory Chart

Corporacion de Ferias y Exposiciones Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.98 895.16 271.45 142.05 148.03

Corporacion de Ferias y Exposiciones Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 447.61 180.09 129.16 62.49 179.08

Competitive Comparison of Corporacion de Ferias y Exposiciones's Days Inventory

For the Specialty Business Services subindustry, Corporacion de Ferias y Exposiciones'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.


Corporacion de Ferias y Exposiciones's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Corporacion de Ferias y Exposiciones's Days Inventory distribution charts can be found below:

* The bar in red indicates where Corporacion de Ferias y Exposiciones's Days Inventory falls into.



Corporacion de Ferias y Exposiciones Days Inventory Calculation

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

Corporacion de Ferias y Exposiciones's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2732.599 + 1085.234) / 2 ) / 4706.692*365
=1908.9165 / 4706.692*365
=148.03

Corporacion de Ferias y Exposiciones's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1085.234 + 1263.074) / 2 ) / 598.273*365 / 4
=1174.154 / 598.273*365 / 4
=179.08

* 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.


Corporacion de Ferias y Exposiciones  (BOG:CORFERIAS) 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.

Corporacion de Ferias y Exposiciones's Inventory Turnover for the three months ended in Mar. 2024 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.

Corporacion de Ferias y Exposiciones's Inventory to Revenue for the three months ended in Mar. 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.


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.


Corporacion de Ferias y Exposiciones Days Inventory Related Terms

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


Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Business Description

Traded in Other Exchanges
N/A
Address
Carrera 37, No. 24-67, Bogota, COL
Corporacion de Ferias y Exposiciones SA organizes trade fairs, exhibitions and conventions in the Andean Region, Central America, and the Caribbean. The company also provides Banking, Travel, Health, and other services.

Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Headlines

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