GPGNF (Grupo GiganteB de CV) Inventory Turnover : 0.73 (As of Jun. 2024)

View and export this data going back to . Start your Free Trial

What is Grupo GiganteB de CV 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. Grupo GiganteB de CV's Cost of Goods Sold for the three months ended in Jun. 2024 was $263 Mil. Grupo GiganteB de CV's Average Total Inventories for the quarter that ended in Jun. 2024 was $360 Mil. Grupo GiganteB de CV's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo GiganteB de CV's Days Inventory for the three months ended in Jun. 2024 was 125.22.

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. Grupo GiganteB de CV's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.79.

Grupo GiganteB de CV Inventory Turnover Historical Data

The historical data trend for Grupo GiganteB de CV'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.

Grupo GiganteB de CV Inventory Turnover Chart

Grupo GiganteB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

3.03

2.60

2.90

3.28

3.49

Grupo GiganteB de CV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.79	0.90	0.79	0.83	0.73

Grupo GiganteB de CV Inventory Turnover Calculation

Grupo GiganteB de CV'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 )
=	1167.874	/ (	(313.871	+	356.299)	/	2 )
=	1167.874	/	335.085
=	3.49

Grupo GiganteB de CV's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	262.517	/ (	(345.897	+	374.605)	/	2 )
=	262.517	/	360.251
=	0.73

Grupo GiganteB de CV (OTCPK:GPGNF) 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.

Grupo GiganteB de CV's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	360.251	/	262.517	*	365 / 4
	=	125.22

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.

Grupo GiganteB de CV's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	360.251	/	454.143
	=	0.79

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.

Grupo GiganteB de CV Inventory Turnover Related Terms

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

Grupo GiganteB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Gigante SAB de CV (OTCPK:GPGNF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GIGANTE:Mexico

Address

Av. Ejercito Nacional No. 769, Tower B, 12th Floor, Col. Granada, Demarcacion Miguel Hidalgo, Mexico, MEX, MEX, 11520

Website

http://www.grupogigante.com.mx

Grupo Gigante SAB de CV is an investment holding company. The company's operating segment includes Retail; Prisa distribution; Restaurants; Real Estate; Corporate, and Other. It generates maximum revenue from the Retail segment. The Retail segment mainly sells office supplies and furniture as well as office electronics and housewares. Its Restaurants segment operates a family restaurant chain and offers other related services. Geographically, it derives a majority of revenue from Mexico and also has a presence in Chile; Central America; Colombia, and the Caribbean.

Grupo GiganteB de CV Headlines

No Headlines