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VitroB de CV (VitroB de CV) Days Inventory : 97.03 (As of Sep. 2023)


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What is VitroB de CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VitroB de CV's Average Total Inventories for the three months ended in Sep. 2023 was $508 Mil. VitroB de CV's Cost of Goods Sold for the three months ended in Sep. 2023 was $477 Mil. Hence, VitroB de CV's Days Inventory for the three months ended in Sep. 2023 was 97.03.

The historical rank and industry rank for VitroB de CV's Days Inventory or its related term are showing as below:

VITOF' s Days Inventory Range Over the Past 10 Years
Min: 66.32   Med: 93.85   Max: 155.83
Current: 98.93

During the past 13 years, VitroB de CV's highest Days Inventory was 155.83. The lowest was 66.32. And the median was 93.85.

VITOF's Days Inventory is ranked worse than
58.97% of 368 companies
in the Building Materials industry
Industry Median: 83.675 vs VITOF: 98.93

VitroB de CV's Days Inventory increased from Sep. 2022 (91.73) to Sep. 2023 (97.03). It might indicate that VitroB de CV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. VitroB de CV's Inventory Turnover for the three months ended in Sep. 2023 was 0.94.

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. VitroB de CV's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.81.


VitroB de CV Days Inventory Historical Data

The historical data trend for VitroB de CV'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.

VitroB de CV Days Inventory Chart

VitroB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.66 88.94 105.06 98.70 93.49

VitroB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 91.73 90.87 101.06 101.58 97.03

Competitive Comparison of VitroB de CV's Days Inventory

For the Building Materials subindustry, VitroB de CV'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.


VitroB de CV's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, VitroB de CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where VitroB de CV's Days Inventory falls into.



VitroB de CV Days Inventory Calculation

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

VitroB de CV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (458.129 + 480.288) / 2 ) / 1831.815*365
=469.2085 / 1831.815*365
=93.49

VitroB de CV's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (515 + 500.448) / 2 ) / 477.477*365 / 4
=507.724 / 477.477*365 / 4
=97.03

* 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.


VitroB de CV  (OTCPK:VITOF) 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.

VitroB de CV's Inventory Turnover for the three months ended in Sep. 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.

VitroB de CV's Inventory to Revenue for the three months ended in Sep. 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.


VitroB de CV Days Inventory Related Terms

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


VitroB de CV (VitroB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Ricardo Margain Zozaya No. 400, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
Vitro SAB de CV is a glass manufacturing company. The company is principally engaged in the production, processing, distribution, and marketing range of glassware. Its reportable segment includes Flat glass; Chemicals and Glass containers. Flat glass is used for the construction and automotive industries, carbonate, and sodium bicarbonate products. Its Glass containers are used in precision components, as well as machinery and molds for the glass industry. The company derives the maximum revenue from the Flat Glass segment. Geographically, it generates a majority of its revenue from the USA.

VitroB de CV (VitroB de CV) Headlines

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