Grupo Melo (XPTY:MELO) Days Inventory : 197.54 (As of Dec. 2023)

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What is Grupo Melo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo Melo's Average Total Inventories for the three months ended in Dec. 2023 was $125.1 Mil. Grupo Melo's Cost of Goods Sold for the three months ended in Dec. 2023 was $57.8 Mil. Hence, Grupo Melo's Days Inventory for the three months ended in Dec. 2023 was 197.54.

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

XPTY:MELO' s Days Inventory Range Over the Past 10 Years
Min: 136.31 Med: 168.01 Max: 186.52
Current: 142.36

During the past 13 years, Grupo Melo's highest Days Inventory was 186.52. The lowest was 136.31. And the median was 168.01.

XPTY:MELO's Days Inventory is ranked worse than
76.84% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs XPTY:MELO: 142.36

Grupo Melo's Days Inventory increased from Dec. 2022 (160.20) to Dec. 2023 (197.54). It might indicate that Grupo Melo's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo Melo's Inventory Turnover for the three months ended in Dec. 2023 was 0.46.

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 Melo's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.15.

Grupo Melo Days Inventory Historical Data

The historical data trend for Grupo Melo'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 Melo Days Inventory Chart

Grupo Melo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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172.20

186.52

147.68

155.59

183.54

Grupo Melo 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															160.20	177.27	176.43	82.67	197.54

Competitive Comparison of Grupo Melo's Days Inventory

For the Conglomerates subindustry, Grupo Melo'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 Melo's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo Melo's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grupo Melo's Days Inventory falls into.

Grupo Melo Days Inventory Calculation

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

Grupo Melo'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
=	( (128.902	+	131.015)	/	2 )	/	258.451	*	365
=	129.9585					/	258.451	*	365
=	183.54

Grupo Melo'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
=	( (119.268	+	131.015)	/	2 )	/	57.807	*	365 / 4
=	125.1415					/	57.807	*	365 / 4
=	197.54

Grupo Melo (XPTY:MELO) 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 Melo's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	57.807	/	125.1415
	=	0.46

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 Melo's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	125.1415	/	108.992
	=	1.15

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 Melo Days Inventory Related Terms

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

Grupo Melo (XPTY:MELO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Grupo Melo SA (XPTY:MELO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Espana Rio Abajo, Building 2313, P.O. Box 0816-07582, Panama City, PAN

Website

http://www.grupomelo.com.pa

Grupo Melo SA is engaged in the production, processing, distribution, and marketing of food. The company also distributes machinery for agriculture and construction and develops and promotes real estate. Its brand profile include COMASA, ISUZU, MELO, and BREDOS among others.

Grupo Melo (XPTY:MELO) Headlines

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