Minera FriscoB de CV (MEX:MFRISCOA-1) Inventory Turnover : 0.69 (As of Dec. 2024)

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What is Minera FriscoB 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. Minera FriscoB de CV's Cost of Goods Sold for the three months ended in Dec. 2024 was MXN1,734 Mil. Minera FriscoB de CV's Average Total Inventories for the quarter that ended in Dec. 2024 was MXN2,525 Mil. Minera FriscoB de CV's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minera FriscoB de CV's Days Inventory for the three months ended in Dec. 2024 was 132.87.

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. Minera FriscoB de CV's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.82.

Minera FriscoB de CV Inventory Turnover Historical Data

The historical data trend for Minera FriscoB 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.

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Minera FriscoB de CV Inventory Turnover Chart

Minera FriscoB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.05

3.07

3.21

2.90

2.78

Minera FriscoB de CV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.73	0.74	0.71	0.67	0.69

Minera FriscoB de CV Inventory Turnover Calculation

Minera FriscoB de CV's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	6576.381	/ (	(2196.948	+	2537.896)	/	2 )
=	6576.381	/	2367.422
=	2.78

Minera FriscoB de CV's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1733.817	/ (	(2511.445	+	2537.896)	/	2 )
=	1733.817	/	2524.6705
=	0.69

Minera FriscoB de CV (MEX:MFRISCOA-1) 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.

Minera FriscoB de CV's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	2524.6705	/	1733.817	*	365 / 4
	=	132.87

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.

Minera FriscoB de CV's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	2524.6705	/	3093.197
	=	0.82

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.

Minera FriscoB de CV Inventory Turnover Related Terms

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Minera FriscoB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minera Frisco SAB de CV (MEX:MFRISCOA-1) » Definitions » Inventory Turnover

Traded in Other Exchanges

MFRVF:USA

Address

Av. Paseo de Las Palmas No 781, 7th Floor Col Lomas De Chapultepec Iii, Miguel Hidalgo Section, Mexico City, MEX, MEX, 11000

Website

https://www.minerafrisco.com.mx

Minera Frisco SAB de CV is engaged in the metal mining industry. The primary activity of the company is the exploration and exploitation of mineral resources and the sale of lead-silver concentrates, zinc concentrates, copper concentrates, copper in cathode and gold and silver rods. The company's process comprises of exploration of mining prospects and geological study of the selected areas. The company owns such subsidiaries as Minera CRA SA de CV, Minera CX SA de CV, Minera Tayahua SA de CV, Minera San Francisco del Oro, SA de CV, as well as Multiservicios de Exploracion Geologica Frisco, SA de CV.

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