The historical rank and industry rank for Grupo TMM's Days Inventory or its related term are showing as below:
GTMAY'
s Days Inventory Range Over the Past 10 Years
Min: 11.35 Med: 14.34 Max: 36.92
Current: 36.92
During the past 13 years, Grupo TMM's highest Days Inventory was 36.92. The lowest was 11.35. And the median was 14.34.
GTMAY's Days Inventory is ranked worse than 81.46% of 782
companies
in the Transportation industry
Industry Median: 11.545
vs GTMAY: 36.92
Grupo TMM's Days Inventory
declined
from Dec. 2022 (10.45) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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 TMM's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
Grupo TMM Days Inventory Historical Data
The historical data trend for Grupo TMM'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.
Competitive Comparison of Grupo TMM's Days Inventory
For the Marine Shipping subindustry, Grupo TMM'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 TMM's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Grupo TMM's Days Inventory distribution charts can be found below:
* The bar in red indicates where Grupo TMM's Days Inventory falls into.
Grupo TMM Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grupo TMM's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Grupo TMM (OTCPK:GTMAY) 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 TMM's Inventory Turnover for the
three
months ended in Dec. 2023 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 TMM's Inventory to Revenue for the
three
months ended in Dec. 2023 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 TMM Days Inventory Related Terms
Thank you for viewing the detailed overview of Grupo TMM's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments namely Maritime division, Logistics division, Ports, and terminals division and Warehousing division. The Maritime division includes transportation of bulk liquid products, materials, provisions for drilling platforms, and towing services for ships. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities and bonded warehouses.
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