Industria Automotriz de CV (MEX:IASASA) Total Inventories: MXN1.50 Mil (As of Jun. 2011)


What is Industria Automotriz de CV Total Inventories?

Industria Automotriz de CV MEX:IASASA Total Inventories is MXN1.50 Mil as of Jun. 2011.

Industria Automotriz de CV's total inventories for the quarter that ended in Jun. 2011 was MXN1.50 Mil. Industria Automotriz de CV's average total inventories from the quarter that ended in Mar. 2011 to the quarter that ended in Jun. 2011 was MXN1.57 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Industria Automotriz de CV's Net-Net Working Capital per share for the quarter that ended in Jun. 2011 was MXN-72.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Industria Automotriz de CV's Days Inventory for the three months ended in Jun. 2011 was 16.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industria Automotriz de CV's Inventory Turnover for the quarter that ended in Jun. 2011 was 5.57.

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. Industria Automotriz de CV's Inventory-to-Revenue for the quarter that ended in Jun. 2011 was 0.16.

Industria Automotriz de CV  (MEX:IASASA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Industria Automotriz de CV's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2011 is

Net-Net Working Capital Per Share (Q: Jun. 2011 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.839+0.75 * 11.684+0.5 * 1.501-938.048
-0-0)/12.801
=-72.31

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Industria Automotriz de CV's Days Inventory for the three months ended in Jun. 2011 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2011 )/Cost of Goods Sold (Q: Jun. 2011 )*Days in Period
=1.5715/8.747*365 / 4
=16.39

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Industria Automotriz de CV's Inventory Turnover for the quarter that ended in Jun. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2011 ) / Average Total Inventories (Q: Jun. 2011 )
=8.747 / 1.5715
=5.57

4. 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.

Industria Automotriz de CV's Inventory to Revenue for the quarter that ended in Jun. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2011 ) / Revenue (Q: Jun. 2011 )
=1.5715 / 9.682
=0.16

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Industria Automotriz de CV Total Inventories Related Terms

Industria Automotriz de CV Total Inventories Historical Data

* Premium members only.

The historical data trend for Industria Automotriz de CV's Total Inventories 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.

Industria Automotriz de CV Total Inventories Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Total Inventories
0.00 0.00 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Total Inventories Get a 7-Day Free Trial Premium Member Only 0.00 0.00 1.73 1.64 1.50

Industria Automotriz de CV Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of MXN1.50 Mil mean?
Industria Automotriz de CV (MEX:IASASA) has a Total Inventories of MXN1.50 Mil as of Jun. 2011. The total amount of inventory as recorded on a company's balance sheet. View historical data for Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Total Inventories too high?
Industria Automotriz de CV's current Total Inventories is MXN1.50 Mil.
How does Industria Automotriz de CV's Total Inventories compare to CSHEF and AMTY?
Industria Automotriz de CV's Total Inventories of MXN1.50 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Industria Automotriz de CV and its competitors. Industria Automotriz de CV's current Total Inventories is MXN1.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current Total Inventories of MXN1.50 Mil. The current Total Inventories is MXN1.50 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Industria Automotriz de CV (MEX:IASASA), the current Total Inventories is MXN1.50 Mil as of Jun. 2011. 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.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.