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Grupo MexicoB de CV (Grupo MexicoB de CV) Total Inventories : $1,307 Mil (As of Sep. 2023)


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What is Grupo MexicoB de CV Total Inventories?

Grupo MexicoB de CV's total inventories for the quarter that ended in Sep. 2023 was $1,307 Mil. Grupo MexicoB de CV's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $1,310 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grupo MexicoB de CV's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo MexicoB de CV's Days Inventory for the three months ended in Sep. 2023 was 57.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo MexicoB de CV's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.60.

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 MexicoB de CV's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.36.


Grupo MexicoB de CV Total Inventories Historical Data

The historical data trend for Grupo MexicoB de CV's Total Inventories 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 MexicoB de CV Total Inventories Chart

Grupo MexicoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,484.30 1,548.50 1,263.90 1,268.20 1,371.00

Grupo MexicoB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories 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 1,427.04 1,371.00 1,323.55 1,313.75 1,307.15

Grupo MexicoB de CV Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Grupo MexicoB de CV  (OTCPK:GMBXF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Grupo MexicoB de CV's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6921.751+0.75 * 1694.766+0.5 * 1307.148-13382.131
-0-2625.821)/7785
=-0.92

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

Grupo MexicoB de CV's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1310.4465/2091.363*365 / 4
=57.18

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

Grupo MexicoB de CV's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=2091.363 / 1310.4465
=1.60

4. 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 MexicoB de CV's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1310.4465 / 3647.296
=0.36

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Grupo MexicoB de CV Total Inventories Related Terms

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Grupo MexicoB de CV (Grupo MexicoB de CV) Business Description

Traded in Other Exchanges
Address
Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000
Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV (Grupo MexicoB de CV) Headlines

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