AlfaB de CV (STU:G4L) Inventory Turnover : 1.38 (As of Mar. 2024)

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What is AlfaB 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. AlfaB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,037 Mil. AlfaB de CV's Average Total Inventories for the quarter that ended in Mar. 2024 was €2,199 Mil. AlfaB de CV's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AlfaB de CV's Days Inventory for the three months ended in Mar. 2024 was 66.06.

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. AlfaB de CV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

AlfaB de CV Inventory Turnover Historical Data

The historical data trend for AlfaB 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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AlfaB de CV Inventory Turnover Chart

AlfaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.40

4.66

6.26

6.49

5.42

AlfaB de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.25	1.30	1.33	1.38	1.38

AlfaB de CV Inventory Turnover Calculation

AlfaB 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 )
=	12725.12	/ (	(2542.399	+	2150.494)	/	2 )
=	12725.12	/	2346.4465
=	5.42

AlfaB de CV's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	3037.184	/ (	(2150.494	+	2247.08)	/	2 )
=	3037.184	/	2198.787
=	1.38

AlfaB de CV (STU:G4L) 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.

AlfaB de CV's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2198.787	/	3037.184	*	365 / 4
	=	66.06

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.

AlfaB de CV's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2198.787	/	3867.976
	=	0.57

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.

AlfaB de CV Inventory Turnover Related Terms

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AlfaB de CV (STU:G4L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alfa SAB de CV (STU:G4L) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ALFFF:USA ALFAA:Mexico XALFA:Spain

Address

Avenue Gomez Morin Sur No. 1111, Colonia Carrizalejo, San Pedro Garza García, NL, MEX, 66254

Website

https://www.alfa.com.mx

Alfa SAB de CV is a Mexican company controlling three principal businesses: Alpek; Sigma and Axtel. The segments of the company are: 1) Alpek, This segment operates in the petrochemical and synthetic fibers industry, and its revenues are derived from sales of its products: polyester, plastics and chemicals. 2) Sigma, This segment operates in the refrigerated food sector and its revenues are derived from sales of its main products: deli meats, dairy and other processed foods. 3) Axtel, This segment operates in the telecommunications sector and its revenues are derived from the provision of data transmission services, internet and long-distance phone service. 4) Other segments, include all other companies operating in business services and others that are non-reportable segments.

AlfaB de CV (STU:G4L) Headlines

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