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Corporacion America Airports (Corporacion America Airports) Days Inventory : 15.14 (As of Dec. 2023)


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What is Corporacion America Airports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Corporacion America Airports's Average Total Inventories for the three months ended in Dec. 2023 was $16 Mil. Corporacion America Airports's Cost of Goods Sold for the three months ended in Dec. 2023 was $96 Mil. Hence, Corporacion America Airports's Days Inventory for the three months ended in Dec. 2023 was 15.14.

The historical rank and industry rank for Corporacion America Airports's Days Inventory or its related term are showing as below:

CAAP' s Days Inventory Range Over the Past 10 Years
Min: 2.88   Med: 5.17   Max: 7.34
Current: 5.68

During the past 10 years, Corporacion America Airports's highest Days Inventory was 7.34. The lowest was 2.88. And the median was 5.17.

CAAP's Days Inventory is ranked better than
67.18% of 780 companies
in the Transportation industry
Industry Median: 11.505 vs CAAP: 5.68

Corporacion America Airports's Days Inventory increased from Dec. 2022 (5.01) to Dec. 2023 (15.14). It might indicate that Corporacion America Airports's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Corporacion America Airports's Inventory Turnover for the three months ended in Dec. 2023 was 6.03.

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. Corporacion America Airports's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.


Corporacion America Airports Days Inventory Historical Data

The historical data trend for Corporacion America Airports'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.

Corporacion America Airports Days Inventory Chart

Corporacion America Airports 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 3.38 5.39 5.73 5.17 6.37

Corporacion America Airports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.01 5.06 3.88 4.32 15.14

Competitive Comparison of Corporacion America Airports's Days Inventory

For the Airports & Air Services subindustry, Corporacion America Airports'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.


Corporacion America Airports's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Corporacion America Airports's Days Inventory distribution charts can be found below:

* The bar in red indicates where Corporacion America Airports's Days Inventory falls into.



Corporacion America Airports Days Inventory Calculation

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

Corporacion America Airports'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
=( (15.765 + 16.148) / 2 ) / 914.677*365
=15.9565 / 914.677*365
=6.37

Corporacion America Airports's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (15.587 + 16.148) / 2 ) / 95.656*365 / 4
=15.8675 / 95.656*365 / 4
=15.14

* 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.


Corporacion America Airports  (NYSE:CAAP) 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.

Corporacion America Airports'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.

Corporacion America Airports'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.


Corporacion America Airports Days Inventory Related Terms

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


Corporacion America Airports (Corporacion America Airports) Business Description

Traded in Other Exchanges
N/A
Address
128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330
Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.