Industria Automotriz de CV (MEX:IASASA) Days Inventory: 16.39 (As of Jun. 2011)


What is Industria Automotriz de CV Days Inventory?

Industria Automotriz de CV MEX:IASASA Days Inventory is 16.39 as of Jun. 2011.

Days Inventory is also known as Days Sales of Inventory (DSI). Industria Automotriz de CV's Average Total Inventories for the three months ended in Jun. 2011 was MXN1.57 Mil. Industria Automotriz de CV's Cost of Goods Sold for the three months ended in Jun. 2011 was MXN8.75 Mil. Hence, Industria Automotriz de CV's Days Inventory for the three months ended in Jun. 2011 was 16.39.

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

MEX:IASASA's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.43
* Ranked among companies with meaningful Days Inventory only.

Industria Automotriz de CV's Days Inventory increased from Mar. 2010 (0.00) to Jun. 2011 (16.39). It might indicate that Industria Automotriz de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industria Automotriz de CV's Inventory Turnover for the three months 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 three months ended in Jun. 2011 was 0.16.

Industria Automotriz de CV  (MEX:IASASA) 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.

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

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

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.

Industria Automotriz de CV's Inventory to Revenue for the three months 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.

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.

Industria Automotriz de CV Days Inventory Related Terms

Industria Automotriz de CV Days Inventory Historical Data

* Premium members only.

The historical data trend for Industria Automotriz 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.

Industria Automotriz de CV Days Inventory Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Days Inventory
0.00 0.00 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Days Inventory Get a 7-Day Free Trial Premium Member Only 0.00 0.00 18.17 18.31 16.39

MEX:IASASA vs CSHEF, AMTY, OMTK: Days Inventory Comparison

For the Auto Parts subindustry, Industria Automotriz 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.

Industria Automotriz de CV Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Industria Automotriz de CV's Days Inventory distribution charts can be found below:

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


Industria Automotriz de CV Days Inventory Calculation

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 fiscal year that ended in Dec. 2009 is calculated as

Days Inventory (A: Dec. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2008 ) + Total Inventories (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

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

Days Inventory (Q: Jun. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2011 ) + Total Inventories (Q: Jun. 2011 )) / count ) / Cost of Goods Sold (Q: Jun. 2011 )*Days in Period
=( (1.642 + 1.501) / 2 ) / 8.747*365 / 4
=1.5715 / 8.747*365 / 4
=16.39

* 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 Days Inventory →
What does a Days Inventory of 16.39 mean?
Industria Automotriz de CV (MEX:IASASA) has a Days Inventory of 16.39 as of Jun. 2011. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Days Inventory too high?
Industria Automotriz de CV's current Days Inventory is 16.39. The Vehicles & Parts industry median Days Inventory is 80.43. Industria Automotriz de CV's value of 16.39 is 79.6% below this industry median.
How does Industria Automotriz de CV's Days Inventory compare to CSHEF and AMTY?
Industria Automotriz de CV's Days Inventory of 16.39 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.43. Industria Automotriz de CV's value of 16.39 is 79.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.43, based on 1,294 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Industria Automotriz de CV's current Days Inventory of 16.39 is 79.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Industria Automotriz de CV and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industria Automotriz de CV's current Days Inventory is 16.39. 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 Days Inventory of 16.39. The current Days Inventory is 16.39 and 79.6% below the Vehicles & Parts industry median of 80.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Industria Automotriz de CV (MEX:IASASA), the current Days Inventory is 16.39 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.