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Industrias ChB de CV (Industrias ChB de CV) Days Inventory : 170.31 (As of Mar. 2024)


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What is Industrias ChB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Industrias ChB de CV's Average Total Inventories for the three months ended in Mar. 2024 was $723 Mil. Industrias ChB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $387 Mil. Hence, Industrias ChB de CV's Days Inventory for the three months ended in Mar. 2024 was 170.31.

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

ICHBF' s Days Inventory Range Over the Past 10 Years
Min: 102.23   Med: 120.06   Max: 157.44
Current: 157.44

During the past 13 years, Industrias ChB de CV's highest Days Inventory was 157.44. The lowest was 102.23. And the median was 120.06.

ICHBF's Days Inventory is ranked worse than
83.68% of 570 companies
in the Steel industry
Industry Median: 88.445 vs ICHBF: 157.44

Industrias ChB de CV's Days Inventory increased from Mar. 2023 (115.90) to Mar. 2024 (170.31). It might indicate that Industrias ChB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrias ChB de CV's Inventory Turnover for the three months ended in Mar. 2024 was 0.54.

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 ChB de CV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.36.


Industrias ChB de CV Days Inventory Historical Data

The historical data trend for Industrias ChB 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.

Industrias ChB de CV Days Inventory Chart

Industrias ChB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.78 125.20 103.67 113.37 129.26

Industrias ChB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 115.90 149.39 160.81 149.92 170.31

Competitive Comparison of Industrias ChB de CV's Days Inventory

For the Steel subindustry, Industrias ChB 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.


Industrias ChB de CV's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Industrias ChB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Industrias ChB de CV's Days Inventory falls into.



Industrias ChB de CV Days Inventory Calculation

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

Industrias ChB de CV's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (754.529 + 695.619) / 2 ) / 2047.457*365
=725.074 / 2047.457*365
=129.26

Industrias ChB 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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (695.619 + 749.593) / 2 ) / 387.164*365 / 4
=722.606 / 387.164*365 / 4
=170.31

* 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.


Industrias ChB de CV  (OTCPK:ICHBF) 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.

Industrias ChB 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.

Industrias ChB 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.


Industrias ChB de CV Days Inventory Related Terms

Thank you for viewing the detailed overview of Industrias ChB de CV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrias ChB de CV (Industrias ChB de CV) Business Description

Traded in Other Exchanges
Address
Agustin Melgar 23, Fracc Industrial Ninos Heroes, Tlalnepantla, MEX, 54030
Industrias Ch SAB de CV is a Mexican company. It acts as a producer of special steels in Mexico and the United States. The company's products include Billet, pipes, cylindrical and corrugated steel rods, structural profiles, commercial profiles, barbed wires, and wire rods and rod derivatives.

Industrias ChB de CV (Industrias ChB de CV) Headlines

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