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S.A.n Miguel AGICI y F (BUE:SAMI) Inventory Turnover : 0.51 (As of Dec. 2023)


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What is S.A.n Miguel AGICI y F Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. S.A.n Miguel AGICI y F's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS16,148 Mil. S.A.n Miguel AGICI y F's Average Total Inventories for the quarter that ended in Dec. 2023 was ARS31,730 Mil. S.A.n Miguel AGICI y F's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. S.A.n Miguel AGICI y F's Days Inventory for the three months ended in Dec. 2023 was 179.30.

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. S.A.n Miguel AGICI y F's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.83.


S.A.n Miguel AGICI y F Inventory Turnover Historical Data

The historical data trend for S.A.n Miguel AGICI y F's Inventory Turnover 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.

S.A.n Miguel AGICI y F Inventory Turnover Chart

S.A.n Miguel AGICI y F Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.89 1.17 1.61 1.21

S.A.n Miguel AGICI y F Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover 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 0.62 0.19 0.20 0.31 0.51

S.A.n Miguel AGICI y F Inventory Turnover Calculation

S.A.n Miguel AGICI y F's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=27571.125 / ((8480.054 + 37007.024) / 2 )
=27571.125 / 22743.539
=1.21

S.A.n Miguel AGICI y F's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=16148.308 / ((26452.441 + 37007.024) / 2 )
=16148.308 / 31729.7325
=0.51

* 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.


S.A.n Miguel AGICI y F  (BUE:SAMI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

S.A.n Miguel AGICI y F's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=31729.7325/16148.308*365 / 4
=179.30

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.

S.A.n Miguel AGICI y F's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=31729.7325 / 17308.065
=1.83

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


S.A.n Miguel AGICI y F Inventory Turnover Related Terms

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S.A.n Miguel AGICI y F (BUE:SAMI) Business Description

Traded in Other Exchanges
N/A
Address
Ed 2, Floor 1, Cazadores de Coquimbo, Vicente Lopez, Buenos Aires, ARG, 2860
S.A. San Miguel AGICI y F is engaged in the growing, production, packaging, and export of fresh citrus fruits. Its products include fresh lemons, oranges, grapefruits, and others, & processed products such as lemon juice, lemon oil, and dehydrated lemon peel. The company reports in the following segments Finished products, Fresh Fruit, and Services. The company operates in domestic as well as international market, out of which the majority of the revenue is generated from the international market.

S.A.n Miguel AGICI y F (BUE:SAMI) Headlines

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