Controladora NemakB De CV (MEX:NMKA) Days Inventory : 100.56 (As of Sep. 2021)

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What is Controladora NemakB De CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Controladora NemakB De CV's Average Total Inventories for the three months ended in Sep. 2021 was MXN16,997 Mil. Controladora NemakB De CV's Cost of Goods Sold for the three months ended in Sep. 2021 was MXN15,424 Mil. Hence, Controladora NemakB De CV's Days Inventory for the three months ended in Sep. 2021 was 100.56.

The historical rank and industry rank for Controladora NemakB De CV's Days Inventory or its related term are showing as below:

MEX:NMKA's Days Inventory is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 81.845
* Ranked among companies with meaningful Days Inventory only.

Controladora NemakB De CV's Days Inventory increased from Jun. 2020 (0.00) to Sep. 2021 (100.56). It might indicate that Controladora NemakB De CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Controladora NemakB De CV's Inventory Turnover for the three months ended in Sep. 2021 was 0.91.

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. Controladora NemakB De CV's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.99.

Controladora NemakB De CV Days Inventory Historical Data

The historical data trend for Controladora NemakB 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.

Controladora NemakB De CV Days Inventory Chart

Controladora NemakB De CV Annual Data

Trend

Dec17

Dec18

Dec19

Days Inventory

64.52

59.85

65.16

Controladora NemakB De CV Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21
Days Inventory	Get a 7-Day Free Trial					-	69.51	68.91	85.25	100.56

Competitive Comparison of Controladora NemakB De CV's Days Inventory

For the Auto Parts subindustry, Controladora NemakB 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.

Controladora NemakB De CV's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Controladora NemakB De CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Controladora NemakB De CV's Days Inventory falls into.

Controladora NemakB De CV Days Inventory Calculation

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

Controladora NemakB De CV's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (12518	+	11146)	/	2 )	/	66276	*	365
=	11832					/	66276	*	365
=	65.16

Controladora NemakB De CV's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

	Days Inventory (Q: Sep. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (16387.834	+	17605.192)	/	2 )	/	15423.638	*	365 / 4
=	16996.513					/	15423.638	*	365 / 4
=	100.56

Controladora NemakB De CV (MEX:NMKA) 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.

Controladora NemakB De CV's Inventory Turnover for the three months ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15423.638	/	16996.513
	=	0.91

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.

Controladora NemakB De CV's Inventory to Revenue for the three months ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16996.513	/	17216.502
	=	0.99

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.

Controladora NemakB De CV Days Inventory Related Terms

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

Controladora NemakB De CV (MEX:NMKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Controladora Nemak SAB De CV (MEX:NMKA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Librameinto Arco Vial Km 3.8, Garcia, NL, MEX, 66000

Website

https://www.nemak.com

Controladora Nemak SAB De CV manufactures and markets lightweighting solutions for the Automotive industry. The company specializes in the development of aluminum components for powertrain and body structure applications. The product portfolio includes cylinder heads, engine blocks, transmission cases, shock towers, subframes, battery housings, and other products.

Controladora NemakB De CV (MEX:NMKA) Headlines

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