Grupo Concesionario Del Oeste (BUE:OEST) Days Inventory : 0.31 (As of Dec. 2023)

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What is Grupo Concesionario Del Oeste Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo Concesionario Del Oeste's Average Total Inventories for the three months ended in Dec. 2023 was ARS40 Mil. Grupo Concesionario Del Oeste's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS11,919 Mil. Hence, Grupo Concesionario Del Oeste's Days Inventory for the three months ended in Dec. 2023 was 0.31.

The historical rank and industry rank for Grupo Concesionario Del Oeste's Days Inventory or its related term are showing as below:

BUE:OEST' s Days Inventory Range Over the Past 10 Years
Min: 0.88 Med: 3.16 Max: 8.38
Current: 0.88

During the past 13 years, Grupo Concesionario Del Oeste's highest Days Inventory was 8.38. The lowest was 0.88. And the median was 3.16.

BUE:OEST's Days Inventory is ranked better than
95.48% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs BUE:OEST: 0.88

Grupo Concesionario Del Oeste's Days Inventory declined from Dec. 2022 (0.43) to Dec. 2023 (0.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo Concesionario Del Oeste's Inventory Turnover for the three months ended in Dec. 2023 was 298.35.

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 Concesionario Del Oeste's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Grupo Concesionario Del Oeste Days Inventory Historical Data

The historical data trend for Grupo Concesionario Del Oeste'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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Grupo Concesionario Del Oeste Days Inventory Chart

Grupo Concesionario Del Oeste Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3.10

2.32

1.19

0.97

1.17

Grupo Concesionario Del Oeste 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															0.43	2.26	0.85	1.31	0.31

Competitive Comparison of Grupo Concesionario Del Oeste's Days Inventory

For the Infrastructure Operations subindustry, Grupo Concesionario Del Oeste'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.

Grupo Concesionario Del Oeste's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grupo Concesionario Del Oeste's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupo Concesionario Del Oeste's Days Inventory falls into.

Grupo Concesionario Del Oeste Days Inventory Calculation

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

Grupo Concesionario Del Oeste'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
=	( (98.703	+	51.399)	/	2 )	/	23432.262	*	365
=	75.051					/	23432.262	*	365
=	1.17

Grupo Concesionario Del Oeste'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
=	( (28.499	+	51.399)	/	2 )	/	11918.953	*	365 / 4
=	39.949					/	11918.953	*	365 / 4
=	0.31

Grupo Concesionario Del Oeste (BUE:OEST) 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.

Grupo Concesionario Del Oeste's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11918.953	/	39.949
	=	298.35

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.

Grupo Concesionario Del Oeste's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.949	/	14632.43
	=	0.00

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.

Grupo Concesionario Del Oeste Days Inventory Related Terms

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

Grupo Concesionario Del Oeste (BUE:OEST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grupo Concesionario Del Oeste SA (BUE:OEST) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piso1, Avenue de mayo 645, Buenos Aires, ARG

Website

http://www.auoeste.com.ar

Grupo Concesionario Del Oeste SA is an Argentina-based company engaged in the construction, maintenance, administration and exploitation of Acceso Oeste, a road corridor in Argentina.

Grupo Concesionario Del Oeste (BUE:OEST) Headlines

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