Celulosa Argentina (BUE:CELU) Days Inventory : 39.15 (As of Feb. 2024)

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What is Celulosa Argentina Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Celulosa Argentina's Average Total Inventories for the three months ended in Feb. 2024 was ARS18,770 Mil. Celulosa Argentina's Cost of Goods Sold for the three months ended in Feb. 2024 was ARS43,745 Mil. Hence, Celulosa Argentina's Days Inventory for the three months ended in Feb. 2024 was 39.15.

The historical rank and industry rank for Celulosa Argentina's Days Inventory or its related term are showing as below:

BUE:CELU' s Days Inventory Range Over the Past 10 Years
Min: 31.18 Med: 55.01 Max: 404.61
Current: 404.61

During the past 13 years, Celulosa Argentina's highest Days Inventory was 404.61. The lowest was 31.18. And the median was 55.01.

BUE:CELU's Days Inventory is ranked worse than
95.68% of 278 companies
in the Forest Products industry
Industry Median: 88.235 vs BUE:CELU: 404.61

Celulosa Argentina's Days Inventory increased from Feb. 2023 (9.79) to Feb. 2024 (39.15). It might indicate that Celulosa Argentina's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Celulosa Argentina's Inventory Turnover for the three months ended in Feb. 2024 was 2.33.

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. Celulosa Argentina's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.29.

Celulosa Argentina Days Inventory Historical Data

The historical data trend for Celulosa Argentina'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.

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Celulosa Argentina Days Inventory Chart

Celulosa Argentina Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Inventory

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49.91

56.05

53.97

31.18

38.03

Celulosa Argentina Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															9.79	-	38.04	38.13	39.15

Competitive Comparison of Celulosa Argentina's Days Inventory

For the Paper & Paper Products subindustry, Celulosa Argentina'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.

Celulosa Argentina's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Celulosa Argentina's Days Inventory distribution charts can be found below:

* The bar in red indicates where Celulosa Argentina's Days Inventory falls into.

Celulosa Argentina Days Inventory Calculation

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

Celulosa Argentina's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

	Days Inventory (A: May. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (6804.595	+	7687.09)	/	2 )	/	69535.274	*	365
=	7245.8425					/	69535.274	*	365
=	38.03

Celulosa Argentina's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (13477.051	+	24063.332)	/	2 )	/	43745.418	*	365 / 4
=	18770.1915					/	43745.418	*	365 / 4
=	39.15

Celulosa Argentina (BUE:CELU) 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.

Celulosa Argentina's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43745.418	/	18770.1915
	=	2.33

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.

Celulosa Argentina's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18770.1915	/	65455.217
	=	0.29

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.

Celulosa Argentina Days Inventory Related Terms

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

Celulosa Argentina (BUE:CELU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Celulosa Argentina SA (BUE:CELU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR

Website

http://www.celulosaargentina.com.ar

Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.