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Acerias Paz del Rio (BOG:PAZRIO) Inventory-to-Revenue : 0.68 (As of Dec. 2023)


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What is Acerias Paz del Rio Inventory-to-Revenue?

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. Acerias Paz del Rio's Average Total Inventories for the quarter that ended in Dec. 2023 was COP256,556 Mil. Acerias Paz del Rio's Revenue for the three months ended in Dec. 2023 was COP380,156 Mil. Acerias Paz del Rio's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

Acerias Paz del Rio's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.72) to Sep. 2023 (0.68)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Acerias Paz del Rio's Days Inventory for the three months ended in Dec. 2023 was 74.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acerias Paz del Rio's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.22.


Acerias Paz del Rio Inventory-to-Revenue Historical Data

The historical data trend for Acerias Paz del Rio's Inventory-to-Revenue 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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Acerias Paz del Rio Inventory-to-Revenue Chart

Acerias Paz del Rio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.15 0.16 0.17

Acerias Paz del Rio Quarterly Data
Sep18 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.65 0.70 0.77 0.72 0.68

Competitive Comparison of Acerias Paz del Rio's Inventory-to-Revenue

For the Steel subindustry, Acerias Paz del Rio's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Acerias Paz del Rio's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Acerias Paz del Rio's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Acerias Paz del Rio's Inventory-to-Revenue falls into.



Acerias Paz del Rio Inventory-to-Revenue Calculation

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.

Acerias Paz del Rio's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (274307.457 + 255628.322) / 2 ) / 1527802.377
=264967.8895 / 1527802.377
=0.17

Acerias Paz del Rio's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (257483.49 + 255628.322) / 2 ) / 380156.017
=256555.906 / 380156.017
=0.67

* 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.


Acerias Paz del Rio  (BOG:PAZRIO) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Acerias Paz del Rio's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=256555.906/313164.104*365 / 4
=74.76

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

Acerias Paz del Rio's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=313164.104 / 256555.906
=1.22

* 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.


Acerias Paz del Rio Inventory-to-Revenue Related Terms

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Acerias Paz del Rio (BOG:PAZRIO) Business Description

Traded in Other Exchanges
N/A
Address
Edificio Megabanco, Piso 6, 13-26, Calle 100, Bogota, COL, 4260
Acerias Paz del Rio SA is a steel production company. It is engaged in the manufacturing of steel products and derivates used in the industrial, metallurgical, construction and agricultural sectors.

Acerias Paz del Rio (BOG:PAZRIO) Headlines

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