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Morixe Hermanos (BUE:MORI) Days Inventory : 61.58 (As of Dec. 2023)


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What is Morixe Hermanos Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Morixe Hermanos's Average Total Inventories for the three months ended in Dec. 2023 was ARS6,381 Mil. Morixe Hermanos's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS9,455 Mil. Hence, Morixe Hermanos's Days Inventory for the three months ended in Dec. 2023 was 61.58.

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

BUE:MORI' s Days Inventory Range Over the Past 10 Years
Min: 11.39   Med: 39.5   Max: 90.45
Current: 60.86

During the past 13 years, Morixe Hermanos's highest Days Inventory was 90.45. The lowest was 11.39. And the median was 39.50.

BUE:MORI's Days Inventory is ranked better than
66.91% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.22 vs BUE:MORI: 60.86

Morixe Hermanos's Days Inventory declined from Nov. 2022 (117.90) to Dec. 2023 (61.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. Morixe Hermanos's Inventory Turnover for the three months ended in Dec. 2023 was 1.48.

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 three months ended in Dec. 2023 was 0.47.


Morixe Hermanos Days Inventory Historical Data

The historical data trend for Morixe Hermanos'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.

Morixe Hermanos Days Inventory Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.39 41.78 58.19 90.45 67.72

Morixe Hermanos Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 117.90 129.25 48.93 101.50 61.58

Competitive Comparison of Morixe Hermanos's Days Inventory

For the Farm Products subindustry, Morixe Hermanos'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.


Morixe Hermanos's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morixe Hermanos's Days Inventory distribution charts can be found below:

* The bar in red indicates where Morixe Hermanos's Days Inventory falls into.



Morixe Hermanos Days Inventory Calculation

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 fiscal year that ended in May. 2022 is calculated as

Days Inventory (A: May. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2021 ) + Total Inventories (A: May. 2022 )) / count ) / Cost of Goods Sold (A: May. 2022 )*Days in Period
=( (1937.213 + 6133.939) / 2 ) / 21750.71*365
=4035.576 / 21750.71*365
=67.72

Morixe Hermanos'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: Aug. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6380.709 + 0) / 1 ) / 9455.177*365 / 4
=6380.709 / 9455.177*365 / 4
=61.58

* 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) 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.

Morixe Hermanos'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.

Morixe Hermanos'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.


Morixe Hermanos Days Inventory Related Terms

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


Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
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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