Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) Inventory Turnover: 11.68 (As of Dec. 2019)

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MEX:CMRB Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
23 GF Score
Price MXN1.40
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What is Corporacion Mexicana de RestaurantesB de CV Inventory Turnover?

Corporacion Mexicana de RestaurantesB de CV MEX:CMRB -1.41% 23 Inventory Turnover is 11.68 as of Dec. 2019. GuruFocus rates MEX:CMRB with a GF Score™ of 23/100.

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. Corporacion Mexicana de RestaurantesB de CV's Cost of Goods Sold for the six months ended in Dec. 2019 was MXN1,334 Mil. Corporacion Mexicana de RestaurantesB de CV's Average Total Inventories for the quarter that ended in Dec. 2019 was MXN114 Mil. Corporacion Mexicana de RestaurantesB de CV's Inventory Turnover for the quarter that ended in Dec. 2019 was 11.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Corporacion Mexicana de RestaurantesB de CV's Days Inventory for the six months ended in Dec. 2019 was 15.63.

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. Corporacion Mexicana de RestaurantesB de CV's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.04.

Corporacion Mexicana de RestaurantesB de CV  (MEX:CMRB) 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.

Corporacion Mexicana de RestaurantesB de CV's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=114.1995/1333.531*365 / 2
=15.63

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.

Corporacion Mexicana de RestaurantesB de CV's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=114.1995 / 2896.183
=0.04

* 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.

Corporacion Mexicana de RestaurantesB de CV Inventory Turnover Related Terms

Corporacion Mexicana de RestaurantesB de CV Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV Inventory Turnover Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.46 13.41 16.89 16.37 11.68

Corporacion Mexicana de RestaurantesB de CV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 11.46 13.41 16.89 16.37 11.68
MEX:CMRB
23GF Score
Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporacion Mexicana de RestaurantesB de CV Inventory Turnover Calculation

Corporacion Mexicana de RestaurantesB de CV's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=1333.531 / ((90.651 + 137.748) / 2 )
=1333.531 / 114.1995
=11.68

Corporacion Mexicana de RestaurantesB de CV's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover (Q: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Dec. 2019 )) / count )
=1333.531 / ((90.651 + 137.748) / 2 )
=1333.531 / 114.1995
=11.68

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 11.68 mean?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a Inventory Turnover of 11.68 as of Dec. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Corporacion Mexicana de RestaurantesB de CV and its competitors.
Is Corporacion Mexicana de RestaurantesB de CV's Inventory Turnover too high?
Corporacion Mexicana de RestaurantesB de CV's current Inventory Turnover is 11.68. Overall, Corporacion Mexicana de RestaurantesB de CV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Corporacion Mexicana de RestaurantesB de CV's Inventory Turnover compare to MCD and SBUX?
Corporacion Mexicana de RestaurantesB de CV's Inventory Turnover of 11.68 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Restaurants company?
A good Inventory Turnover depends on the Restaurants industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Corporacion Mexicana de RestaurantesB de CV and its competitors. Corporacion Mexicana de RestaurantesB de CV's current Inventory Turnover is 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Mexicana de RestaurantesB de CV stock overvalued right now?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a current Inventory Turnover of 11.68. The current Inventory Turnover is 11.68. Corporacion Mexicana de RestaurantesB de CV's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB), the current Inventory Turnover is 11.68 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corporacion Mexicana de RestaurantesB de CV Business Description

Address Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.
23GF Score

Get the complete analysis for MEX:CMRB

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1.40
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