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Grupo GiganteB de CV (MEX:GIGANTE) Days Inventory : 104.21 (As of Sep. 2024)


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What is Grupo GiganteB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo GiganteB de CV's Average Total Inventories for the three months ended in Sep. 2024 was MXN6,657 Mil. Grupo GiganteB de CV's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN5,829 Mil. Hence, Grupo GiganteB de CV's Days Inventory for the three months ended in Sep. 2024 was 104.21.

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

MEX:GIGANTE' s Days Inventory Range Over the Past 10 Years
Min: 106.55   Med: 117.84   Max: 136.2
Current: 112.46

During the past 13 years, Grupo GiganteB de CV's highest Days Inventory was 136.20. The lowest was 106.55. And the median was 117.84.

MEX:GIGANTE's Days Inventory is ranked worse than
51.81% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 106.45 vs MEX:GIGANTE: 112.46

Grupo GiganteB de CV's Days Inventory increased from Sep. 2023 (100.01) to Sep. 2024 (104.21). It might indicate that Grupo GiganteB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo GiganteB de CV's Inventory Turnover for the three months ended in Sep. 2024 was 0.88.

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 GiganteB de CV's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.68.


Grupo GiganteB de CV Days Inventory Historical Data

The historical data trend for Grupo GiganteB 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 GiganteB de CV Days Inventory Chart

Grupo GiganteB 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 122.91 136.20 123.83 114.15 112.01

Grupo GiganteB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 100.01 117.43 111.33 119.57 104.21

Competitive Comparison of Grupo GiganteB de CV's Days Inventory

For the Specialty Retail subindustry, Grupo GiganteB 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 GiganteB de CV's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo GiganteB de CV's Days Inventory distribution charts can be found below:

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


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Grupo GiganteB de CV Days Inventory Calculation

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

Grupo GiganteB 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
=( (6119.22 + 6047.913) / 2 ) / 19823.772*365
=6083.5665 / 19823.772*365
=112.01

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

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (6862.808 + 6451.317) / 2 ) / 5829.253*365 / 4
=6657.0625 / 5829.253*365 / 4
=104.21

* 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 GiganteB de CV  (MEX:GIGANTE) 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 GiganteB de CV's Inventory Turnover for the three months ended in Sep. 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 GiganteB de CV's Inventory to Revenue for the three months 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.


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 GiganteB de CV Days Inventory Related Terms

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


Grupo GiganteB de CV Business Description

Traded in Other Exchanges
Address
Av. Ejercito Nacional No. 769, Tower B, 12th Floor, Col. Granada, Demarcacion Miguel Hidalgo, Mexico, MEX, MEX, 11520
Grupo Gigante SAB de CV is an investment holding company. The company's operating segment includes Retail; Prisa distribution; Restaurants; Real Estate; Corporate, and Other. It generates maximum revenue from the Retail segment. The Retail segment mainly sells office supplies and furniture as well as office electronics and housewares. Its Restaurants segment operates a family restaurant chain and offers other related services. Geographically, it derives a majority of revenue from Mexico and also has a presence in Chile; Central America; Colombia, and the Caribbean.

Grupo GiganteB de CV Headlines

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