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Morixe Hermanos (BUE:MORI) Change In Inventory : ARS3,487 Mil (TTM As of Mar. 2024)


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What is Morixe Hermanos Change In Inventory?

Morixe Hermanos's change in inventory for the quarter that ended in Mar. 2024 was ARS1,707 Mil. It means Morixe Hermanos's inventory declined by ARS1,707 Mil from Dec. 2023 to Mar. 2024 .

Morixe Hermanos's change in inventory for the fiscal year that ended in May. 2022 was ARS535 Mil. It means Morixe Hermanos's inventory declined by ARS535 Mil from May. 2021 to May. 2022 .

Morixe Hermanos's Total Inventories for the quarter that ended in Mar. 2024 was ARS15,434 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Morixe Hermanos's Days Inventory for the quarter that ended in Mar. 2024 was 51.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Morixe Hermanos's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.79.

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. Morixe Hermanos's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Morixe Hermanos Change In Inventory Historical Data

The historical data trend for Morixe Hermanos's Change In 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.

Morixe Hermanos Change In Inventory Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -148.06 -107.60 -824.19 -617.74 534.93

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Dec23 Mar24
Change In 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 -5,495.64 362.17 1,417.92 - 1,706.62

Morixe Hermanos Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS3,487 Mil.

* 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.

Morixe Hermanos  (BUE:MORI) Change In Inventory Explanation

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

Morixe Hermanos's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=7716.9325/13787.021*365 / 4
=51.07

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

Morixe Hermanos's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=13787.021 / 7716.9325
=1.79

3. 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.

Morixe Hermanos's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7716.9325 / 20993.484
=0.37

* 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.

Morixe Hermanos Change In Inventory Related Terms

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Morixe Hermanos (BUE:MORI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Morixe Hermanos SA (BUE:MORI) » Definitions » Change In Inventory
Comparable Companies
BUE:SEMI ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002385 SHSE:600095 SHSE:600598 SZSE:002299 SZSE:000998 XKLS:7084
Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Website
https://www.morixe.com.ar
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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