Industrias BachocoB de CV (Industrias BachocoB de CV) Days Inventory : 55.48 (As of Sep. 2023)

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What is Industrias BachocoB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Industrias BachocoB de CV's Average Total Inventories for the three months ended in Sep. 2023 was $697 Mil. Industrias BachocoB de CV's Cost of Goods Sold for the three months ended in Sep. 2023 was $1,147 Mil. Hence, Industrias BachocoB de CV's Days Inventory for the three months ended in Sep. 2023 was 55.48.

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

IDBHF' s Days Inventory Range Over the Past 10 Years
Min: 31.56 Med: 32.67 Max: 51.69
Current: 51.69

During the past 13 years, Industrias BachocoB de CV's highest Days Inventory was 51.69. The lowest was 31.56. And the median was 32.67.

IDBHF's Days Inventory is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 83.86 vs IDBHF: 51.69

Industrias BachocoB de CV's Days Inventory declined from Sep. 2022 (55.90) to Sep. 2023 (55.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrias BachocoB de CV's Inventory Turnover for the three months ended in Sep. 2023 was 1.64.

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. Industrias BachocoB de CV's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.51.

Industrias BachocoB de CV Days Inventory Historical Data

The historical data trend for Industrias BachocoB 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.

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Industrias BachocoB de CV Days Inventory Chart

Industrias BachocoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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33.01

32.23

33.70

32.68

31.75

Industrias BachocoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															55.90	44.63	44.81	51.76	55.48

Competitive Comparison of Industrias BachocoB de CV's Days Inventory

For the Farm Products subindustry, Industrias BachocoB 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.

Industrias BachocoB de CV's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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

Industrias BachocoB de CV Days Inventory Calculation

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

Industrias BachocoB de CV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (310.812	+	421.323)	/	2 )	/	4207.673	*	365
=	366.0675					/	4207.673	*	365
=	31.75

Industrias BachocoB de CV's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (647.507	+	746.775)	/	2 )	/	1146.542	*	365 / 4
=	697.141					/	1146.542	*	365 / 4
=	55.48

Industrias BachocoB de CV (OTCPK:IDBHF) 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.

Industrias BachocoB de CV's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1146.542	/	697.141
	=	1.64

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.

Industrias BachocoB de CV's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	697.141	/	1369.507
	=	0.51

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.

Industrias BachocoB de CV Days Inventory Related Terms

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

Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IDBHF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BACHOCOB:Mexico

Address

Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010

Website

https://www.bachoco.com.mx

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.