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Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Days Inventory : 36.80 (As of Mar. 2024)


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What is Grupo Comercial ChedrauiB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo Comercial ChedrauiB de CV's Average Total Inventories for the three months ended in Mar. 2024 was $1,208 Mil. Grupo Comercial ChedrauiB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,996 Mil. Hence, Grupo Comercial ChedrauiB de CV's Days Inventory for the three months ended in Mar. 2024 was 36.80.

The historical rank and industry rank for Grupo Comercial ChedrauiB de CV's Days Inventory or its related term are showing as below:

GCHEF' s Days Inventory Range Over the Past 10 Years
Min: 35.53   Med: 43.35   Max: 49.66
Current: 49.66

During the past 13 years, Grupo Comercial ChedrauiB de CV's highest Days Inventory was 49.66. The lowest was 35.53. And the median was 43.35.

GCHEF's Days Inventory is ranked worse than
65.35% of 303 companies
in the Retail - Defensive industry
Industry Median: 35.99 vs GCHEF: 49.66

Grupo Comercial ChedrauiB de CV's Days Inventory increased from Dec. 2022 (33.98) to Mar. 2024 (36.80). It might indicate that Grupo Comercial ChedrauiB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo Comercial ChedrauiB de CV's Inventory Turnover for the three months ended in Mar. 2024 was 2.48.

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 ChedrauiB de CV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Grupo Comercial ChedrauiB de CV Days Inventory Historical Data

The historical data trend for Grupo Comercial ChedrauiB de CV's Days 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.

* Premium members only.

Grupo Comercial ChedrauiB de CV Days Inventory Chart

Grupo Comercial ChedrauiB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.01 46.45 41.97 37.70 34.72

Grupo Comercial ChedrauiB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Days Inventory 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 33.98 36.49 35.50 37.58 36.80

Competitive Comparison of Grupo Comercial ChedrauiB de CV's Days Inventory

For the Grocery Stores subindustry, Grupo Comercial ChedrauiB de CV's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Comercial ChedrauiB de CV's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Grupo Comercial ChedrauiB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupo Comercial ChedrauiB de CV's Days Inventory falls into.



Grupo Comercial ChedrauiB de CV Days Inventory Calculation

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

Grupo Comercial ChedrauiB de CV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (872.943 + 1079.169) / 2 ) / 10259.844*365
=976.056 / 10259.844*365
=34.72

Grupo Comercial ChedrauiB de CV's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1180.115 + 1236.674) / 2 ) / 2996.202*365 / 4
=1208.3945 / 2996.202*365 / 4
=36.80

* 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 ChedrauiB de CV  (OTCPK:GCHEF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Grupo Comercial ChedrauiB de CV's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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 ChedrauiB de CV's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Grupo Comercial ChedrauiB de CV Days Inventory Related Terms

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Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Constituyentes 1150, Colonia Lomas Altas, Mexico, DF, MEX, 11950
Grupo Comercial Chedraui SAB de CV is a Spanish company engaged in the operation of hypermarkets in Mexico and supermarkets in the United States, and it also has a real estate division. In Mexico, the company operates through two retail formats: Tiendas Chedraui and Super Chedraui, which represent different sizes and depth of assortment. The retail stores in the U.S. are located in three southwest states: California, Nevada, and Arizona. The real estate division is involved in locating, building, and remodelling the stores, as well as leasing commercial space in shopping malls where there are Chedraui stores.

Grupo Comercial ChedrauiB de CV (Grupo Comercial ChedrauiB de CV) Headlines