Industrias Ales (QUI:IND) Days Inventory : 98.73 (As of Jun. 2022)

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What is Industrias Ales Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Industrias Ales's Average Total Inventories for the six months ended in Jun. 2022 was $40.88 Mil. Industrias Ales's Cost of Goods Sold for the six months ended in Jun. 2022 was $75.57 Mil. Hence, Industrias Ales's Days Inventory for the six months ended in Jun. 2022 was 98.73.

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

QUI:IND's Days Inventory is not ranked ^*
in the Conglomerates industry.
Industry Median: 75.05
* Ranked among companies with meaningful Days Inventory only.

Industrias Ales's Days Inventory increased from Dec. 2020 (94.79) to Jun. 2022 (98.73). It might indicate that Industrias Ales's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrias Ales's Inventory Turnover for the six months ended in Jun. 2022 was 1.85.

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 Ales's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.45.

Industrias Ales Days Inventory Historical Data

The historical data trend for Industrias Ales'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.

Industrias Ales Days Inventory Chart

Industrias Ales Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Days Inventory

91.43

87.45

87.12

87.07

Industrias Ales Semi-Annual Data
	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22
Days Inventory	Get a 7-Day Free Trial								78.19	94.32	94.79	110.20	98.73

Competitive Comparison of Industrias Ales's Days Inventory

For the Conglomerates subindustry, Industrias Ales'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 Ales's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Industrias Ales's Days Inventory distribution charts can be found below:

* The bar in red indicates where Industrias Ales's Days Inventory falls into.

Industrias Ales Days Inventory Calculation

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

Industrias Ales's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (26.825	+	28.709)	/	2 )	/	116.406	*	365
=	27.767					/	116.406	*	365
=	87.07

Industrias Ales's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (41.119	+	40.64)	/	2 )	/	75.567	*	365 / 2
=	40.8795					/	75.567	*	365 / 2
=	98.73

Industrias Ales (QUI:IND) 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 Ales's Inventory Turnover for the six months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	75.567	/	40.8795
	=	1.85

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 Ales's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	40.8795	/	90.952
	=	0.45

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 Ales Days Inventory Related Terms

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

Industrias Ales (QUI:IND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrias Ales SA (QUI:IND) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Galo Plaza N51-23, Quito, ECU

Website

https://www.ales.com.ec

Industrias Ales SA is an Ecuador-based Agroindustrial company. It is engaged in the manufacturing and marketing of food and cleaning products. The products category of the company include food, confits, Home care and personal care.

Industrias Ales (QUI:IND) Headlines

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