Industrias BachocoB de CV (Industrias BachocoB de CV) Change In Inventory : $68 Mil (TTM As of Sep. 2023)

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What is Industrias BachocoB de CV Change In Inventory?

Industrias BachocoB de CV's change in inventory for the quarter that ended in Sep. 2023 was $-41 Mil. It means Industrias BachocoB de CV's inventory increased by $41 Mil from Jun. 2023 to Sep. 2023 .

Industrias BachocoB de CV's change in inventory for the fiscal year that ended in Dec. 2022 was $-126 Mil. It means Industrias BachocoB de CV's inventory increased by $126 Mil from Dec. 2021 to Dec. 2022 .

Industrias BachocoB de CV's Total Inventories for the quarter that ended in Sep. 2023 was $747 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Industrias BachocoB de CV's Days Inventory for the quarter that ended in Sep. 2023 was 55.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrias BachocoB de CV's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.64.

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. Industrias BachocoB de CV's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.51.

Industrias BachocoB de CV Change In Inventory Historical Data

The historical data trend for Industrias BachocoB de CV's Change In Inventory 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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Industrias BachocoB de CV Change In Inventory Chart

Industrias BachocoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-4.40

-10.61

-50.09

-88.29

-125.99

Industrias BachocoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															11.27	76.04	3.15	29.57	-40.84

Industrias BachocoB de CV Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $68 Mil.

Industrias BachocoB de CV (OTCPK:IDBHF) Change In Inventory Explanation

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

Industrias BachocoB de CV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	697.141	/	1146.542	*	365 / 4
	=	55.48

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

Industrias BachocoB de CV's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1146.542	/	697.141
	=	1.64

3. 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.

Industrias BachocoB de CV's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	697.141	/	1369.507
	=	0.51

Industrias BachocoB de CV Change In Inventory Related Terms

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Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IDBHF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

BACHOCOB:Mexico

Address

Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010

Website

https://www.bachoco.com.mx

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.