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Cox Energy AmericaB de CV (XMAD:COXE) Days Inventory : 60.42 (As of Sep. 2024)


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What is Cox Energy AmericaB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cox Energy AmericaB de CV's Average Total Inventories for the three months ended in Sep. 2024 was €19.8 Mil. Cox Energy AmericaB de CV's Cost of Goods Sold for the three months ended in Sep. 2024 was €29.9 Mil. Hence, Cox Energy AmericaB de CV's Days Inventory for the three months ended in Sep. 2024 was 60.42.

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

XMAD:COXE' s Days Inventory Range Over the Past 10 Years
Min: 4.96   Med: 43.77   Max: 82.57
Current: 64.95

During the past 4 years, Cox Energy AmericaB de CV's highest Days Inventory was 82.57. The lowest was 4.96. And the median was 43.77.

XMAD:COXE's Days Inventory is ranked worse than
70% of 330 companies
in the Utilities - Independent Power Producers industry
Industry Median: 33.35 vs XMAD:COXE: 64.95

Cox Energy AmericaB de CV's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (60.42). It might indicate that Cox Energy AmericaB de CV's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cox Energy AmericaB de CV's Inventory Turnover for the three months ended in Sep. 2024 was 1.51.

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. Cox Energy AmericaB de CV's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.26.


Cox Energy AmericaB de CV Days Inventory Historical Data

The historical data trend for Cox Energy AmericaB 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.

Cox Energy AmericaB de CV Days Inventory Chart

Cox Energy AmericaB de CV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- - 4.97 82.56

Cox Energy AmericaB de CV Quarterly Data
Dec20 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 - 79.37 73.22 44.91 60.42

Competitive Comparison of Cox Energy AmericaB de CV's Days Inventory

For the Utilities - Renewable subindustry, Cox Energy AmericaB 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.


Cox Energy AmericaB de CV's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cox Energy AmericaB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cox Energy AmericaB de CV's Days Inventory falls into.



Cox Energy AmericaB de CV Days Inventory Calculation

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

Cox Energy AmericaB 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
=( (0.253 + 18.11) / 2 ) / 40.591*365
=9.1815 / 40.591*365
=82.56

Cox Energy AmericaB 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
=( (14.804 + 24.734) / 2 ) / 29.857*365 / 4
=19.769 / 29.857*365 / 4
=60.42

* 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.


Cox Energy AmericaB de CV  (XMAD:COXE) 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.

Cox Energy AmericaB 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.

Cox Energy AmericaB 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.


Cox Energy AmericaB de CV Days Inventory Related Terms

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


Cox Energy AmericaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Montes Urales 415, Lomas de Chapultepec II Section, Alc. Miguel Hidalgo, Mexico, MEX, 11000
Cox Energy America SAB de CV is a solar photovoltaic renewable energy generation company that develops, promotes and operates photovoltaic plants in the main countries of Latin America and Europe, with presence in Mexico, Chile, Colombia, Guatemala, Central America and Spain. It has a unique portfolio of projects in different stages of development and identified opportunities to carry out its activity within a sustainable development framework. Cox Energy also operates throughout the value chain, with a presence in the business of self-consumption and/or distributed generation and commercialization of energy in Latin America and Europe.

Cox Energy AmericaB de CV Headlines

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