Empresas ICAB de CV (MEX:ICA) Days Inventory: 35.49 (As of Mar. 2017)


What is Empresas ICAB de CV Days Inventory?

Empresas ICAB de CV MEX:ICA Days Inventory is 35.49 as of Mar. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Empresas ICAB de CV's Average Total Inventories for the three months ended in Mar. 2017 was MXN2,094 Mil. Empresas ICAB de CV's Cost of Goods Sold for the three months ended in Mar. 2017 was MXN5,384 Mil. Hence, Empresas ICAB de CV's Days Inventory for the three months ended in Mar. 2017 was 35.49.

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

MEX:ICA's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 50.465
* Ranked among companies with meaningful Days Inventory only.

Empresas ICAB de CV's Days Inventory declined from Mar. 2016 (36.63) to Mar. 2017 (35.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Empresas ICAB de CV's Inventory Turnover for the three months ended in Mar. 2017 was 2.57.

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. Empresas ICAB de CV's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.34.


Empresas ICAB de CV  (MEX:ICA) 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.

Empresas ICAB de CV's Inventory Turnover for the three months ended in Mar. 2017 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.

Empresas ICAB de CV's Inventory to Revenue for the three months ended in Mar. 2017 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.


Empresas ICAB de CV Days Inventory Related Terms


Empresas ICAB de CV Days Inventory Historical Data

* Premium members only.

The historical data trend for Empresas ICAB 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.

Empresas ICAB de CV Days Inventory Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.99 55.66 33.54 19.24 37.76

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 36.63 37.76 73.88 41.40 35.49

Empresas ICAB de CV Days Inventory Competitor Comparison

For the Engineering & Construction subindustry, Empresas ICAB 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.


Empresas ICAB de CV Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Empresas ICAB de CV's Days Inventory distribution charts can be found below:

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



Empresas ICAB de CV Days Inventory Calculation

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

Empresas ICAB de CV's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (1299.798 + 2065.993) / 2 ) / 16268.01*365
=1682.8955 / 16268.01*365
=37.76

Empresas ICAB de CV's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (2065.993 + 2122) / 2 ) / 5384*365 / 4
=2093.9965 / 5384*365 / 4
=35.49

* 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 35.49 mean?
Empresas ICAB de CV (MEX:ICA) has a Days Inventory of 35.49 as of Mar. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Empresas ICAB de CV and its competitors.
Is Empresas ICAB de CV's Days Inventory too high?
Empresas ICAB de CV's current Days Inventory is 35.49. The Construction industry median Days Inventory is 50.47. Empresas ICAB de CV's value of 35.49 is 29.7% below this industry median.
How does Empresas ICAB de CV's Days Inventory compare to competitors?
Empresas ICAB de CV's Days Inventory of 35.49 can be compared against companies in the Construction industry. The industry median Days Inventory is 50.47. Empresas ICAB de CV's value of 35.49 is 29.7% 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 Construction company?
The median Days Inventory among Construction companies is 50.47, based on 1,480 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. Empresas ICAB de CV's current Days Inventory of 35.49 is 29.7% 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 Empresas ICAB de CV and its competitors. For the Construction industry, the median Days Inventory is 50.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas ICAB de CV's current Days Inventory is 35.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current Days Inventory of 35.49. The current Days Inventory is 35.49 and 29.7% below the Construction industry median of 50.47. 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 Empresas ICAB de CV (MEX:ICA), the current Days Inventory is 35.49 as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.