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GUZOF (Grupo HerdezB de CV) Days Inventory : 85.79 (As of Jun. 2024)


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What is Grupo HerdezB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo HerdezB de CV's Average Total Inventories for the three months ended in Jun. 2024 was $284 Mil. Grupo HerdezB de CV's Cost of Goods Sold for the three months ended in Jun. 2024 was $302 Mil. Hence, Grupo HerdezB de CV's Days Inventory for the three months ended in Jun. 2024 was 85.79.

The historical rank and industry rank for Grupo HerdezB de CV's Days Inventory or its related term are showing as below:

GUZOF' s Days Inventory Range Over the Past 10 Years
Min: 81.99   Med: 91.06   Max: 100.84
Current: 85.04

During the past 13 years, Grupo HerdezB de CV's highest Days Inventory was 100.84. The lowest was 81.99. And the median was 91.06.

GUZOF's Days Inventory is ranked worse than
50.96% of 1827 companies
in the Consumer Packaged Goods industry
Industry Median: 83.55 vs GUZOF: 85.04

Grupo HerdezB de CV's Days Inventory declined from Jun. 2023 (87.64) to Jun. 2024 (85.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo HerdezB de CV's Inventory Turnover for the three months ended in Jun. 2024 was 1.06.

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. Grupo HerdezB de CV's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.56.


Grupo HerdezB de CV Days Inventory Historical Data

The historical data trend for Grupo HerdezB de CV'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.

Grupo HerdezB de CV Days Inventory Chart

Grupo HerdezB de CV 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 98.95 91.92 91.85 90.19 80.92

Grupo HerdezB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 87.64 93.17 79.95 82.18 85.79

Competitive Comparison of Grupo HerdezB de CV's Days Inventory

For the Packaged Foods subindustry, Grupo HerdezB de CV'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.


Grupo HerdezB de CV's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo HerdezB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupo HerdezB de CV's Days Inventory falls into.



Grupo HerdezB de CV Days Inventory Calculation

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

Grupo HerdezB de CV'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
=( (282.675 + 295.513) / 2 ) / 1304.009*365
=289.094 / 1304.009*365
=80.92

Grupo HerdezB de CV's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (289.022 + 279.599) / 2 ) / 302.412*365 / 4
=284.3105 / 302.412*365 / 4
=85.79

* 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.


Grupo HerdezB de CV  (OTCPK:GUZOF) 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.

Grupo HerdezB de CV's Inventory Turnover for the three months ended in Jun. 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.

Grupo HerdezB de CV's Inventory to Revenue for the three months ended in Jun. 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.


Grupo HerdezB de CV Days Inventory Related Terms

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Grupo HerdezB de CV Business Description

Traded in Other Exchanges
Address
Monte Pelvaoux 215, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Grupo Herdez SAB de CV specialises in the processed food and ice cream industries, with its operations primarily in Mexico. The company engages in the manufacturing, purchasing, distributing, and marketing of canned and packaged food products in Mexico, as well as food products at the Mexican food segment within the United States. Product segments include burritos, canned vegetables, frozen yogurt, guacamole, and home-style salsas. Products are then sold through a variety of brands, such as Aires de Campo, Barilla, Bufalo and many more.

Grupo HerdezB de CV Headlines

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