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Grupo Concesionario Del Oeste (BUE:OEST) Inventory Turnover : 114.51 (As of Mar. 2024)


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What is Grupo Concesionario Del Oeste Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Grupo Concesionario Del Oeste's Cost of Goods Sold for the three months ended in Mar. 2024 was ARS7,481 Mil. Grupo Concesionario Del Oeste's Average Total Inventories for the quarter that ended in Mar. 2024 was ARS65 Mil. Grupo Concesionario Del Oeste's Inventory Turnover for the quarter that ended in Mar. 2024 was 114.51.

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 three months ended in Mar. 2024 was 0.80.

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 quarter that ended in Mar. 2024 was 0.01.


Grupo Concesionario Del Oeste Inventory Turnover Historical Data

The historical data trend for Grupo Concesionario Del Oeste's Inventory Turnover 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.

Grupo Concesionario Del Oeste Inventory Turnover Chart

Grupo Concesionario Del Oeste Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.90 157.41 306.60 374.43 312.22

Grupo Concesionario Del Oeste Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 130.32 107.69 69.89 298.35 114.51

Grupo Concesionario Del Oeste Inventory Turnover Calculation

Grupo Concesionario Del Oeste's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=23432.262 / ((98.703 + 51.399) / 2 )
=23432.262 / 75.051
=312.22

Grupo Concesionario Del Oeste's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=7480.619 / ((51.399 + 79.258) / 2 )
=7480.619 / 65.3285
=114.51

* 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.


Grupo Concesionario Del Oeste  (BUE:OEST) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=65.3285/7480.619*365 / 4
=0.80

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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=65.3285 / 10297.894
=0.01

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Grupo Concesionario Del Oeste Inventory Turnover Related Terms

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Grupo Concesionario Del Oeste (BUE:OEST) Business Description

Traded in Other Exchanges
N/A
Address
Piso1, Avenue de mayo 645, Buenos Aires, ARG
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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