Grupo Comercial Gomo de CV (MEX:GOMO) Inventory Turnover: 2.14 (As of Mar. 2015)

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What is Grupo Comercial Gomo de CV Inventory Turnover?

Grupo Comercial Gomo de CV MEX:GOMO Inventory Turnover is 2.14 as of Mar. 2015.

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 Comercial Gomo de CV's Cost of Goods Sold for the three months ended in Mar. 2015 was MXN14,679 Mil. Grupo Comercial Gomo de CV's Average Total Inventories for the quarter that ended in Mar. 2015 was MXN6,844 Mil. Grupo Comercial Gomo de CV's Inventory Turnover for the quarter that ended in Mar. 2015 was 2.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo Comercial Gomo de CV's Days Inventory for the three months ended in Mar. 2015 was 42.55.

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 Comercial Gomo de CV's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.37.

Grupo Comercial Gomo de CV  (MEX:GOMO) 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 Comercial Gomo de CV's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2015 )/Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=6844.251/14679.292*365 / 4
=42.55

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 Comercial Gomo de CV's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2015 ) / Revenue (Q: Mar. 2015 )
=6844.251 / 18295.84
=0.37

* 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.

Grupo Comercial Gomo de CV Inventory Turnover Related Terms

Grupo Comercial Gomo de CV Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Grupo Comercial Gomo 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.

Grupo Comercial Gomo de CV Inventory Turnover Chart

Grupo Comercial Gomo de CV Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Inventory Turnover
Get a 7-Day Free Trial 8.13 7.55 7.88 7.91 8.29

Grupo Comercial Gomo de CV Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 2.01 2.09 1.98 2.29 2.14

Grupo Comercial Gomo de CV Inventory Turnover Calculation

Grupo Comercial Gomo de CV's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=57066.889 / ((6743.752 + 7024.812) / 2 )
=57066.889 / 6884.282
=8.29

Grupo Comercial Gomo de CV's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

Inventory Turnover (Q: Mar. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2015 ) / ((Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Mar. 2015 )) / count )
=14679.292 / ((7024.812 + 6663.69) / 2 )
=14679.292 / 6844.251
=2.14

* 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 2.14 mean?
Grupo Comercial Gomo de CV (MEX:GOMO) has a Inventory Turnover of 2.14 as of Mar. 2015. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Grupo Comercial Gomo de CV and its competitors.
Is Grupo Comercial Gomo de CV's Inventory Turnover too high?
Grupo Comercial Gomo de CV's current Inventory Turnover is 2.14.
How does Grupo Comercial Gomo de CV's Inventory Turnover compare to KIRK?
Grupo Comercial Gomo de CV's Inventory Turnover of 2.14 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Grupo Comercial Gomo de CV and its competitors. Grupo Comercial Gomo de CV's current Inventory Turnover is 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Comercial Gomo de CV stock overvalued right now?
Grupo Comercial Gomo de CV (MEX:GOMO) has a current Inventory Turnover of 2.14. The current Inventory Turnover is 2.14. 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 Grupo Comercial Gomo de CV (MEX:GOMO), the current Inventory Turnover is 2.14 as of Mar. 2015. 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.

Grupo Comercial Gomo de CV Business Description

Address Boulevard Adolfo Lopez Mateos 2370, Segundo Piso, Colonia Altavista, Mexico DF, MEX, 01060
Grupo Comercial Gomo SA de CV is a Mexico-based company engaged in the sale, distribution, purchase, representation, import and export of various types of consumer electronic goods and household appliances, as well as motorcycles.