AxtelB de CV (FRA:4GK) Inventory Turnover : 18.38 (As of Mar. 2024)

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What is AxtelB de CV 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. AxtelB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was €65 Mil. AxtelB de CV's Average Total Inventories for the quarter that ended in Mar. 2024 was €4 Mil. AxtelB de CV's Inventory Turnover for the quarter that ended in Mar. 2024 was 18.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AxtelB de CV's Days Inventory for the three months ended in Mar. 2024 was 4.96.

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. AxtelB de CV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

AxtelB de CV Inventory Turnover Historical Data

The historical data trend for AxtelB de CV'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.

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AxtelB de CV Inventory Turnover Chart

AxtelB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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63.49

65.91

71.94

41.99

49.00

AxtelB de CV 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															7.94	6.96	9.12	15.19	18.38

AxtelB de CV Inventory Turnover Calculation

AxtelB de CV'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 )
=	284.664	/ (	(8.224	+	3.396)	/	2 )
=	284.664	/	5.81
=	49.00

AxtelB de CV'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 )
=	64.85	/ (	(3.396	+	3.66)	/	2 )
=	64.85	/	3.528
=	18.38

AxtelB de CV (FRA:4GK) 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.

AxtelB de CV'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
	=	3.528	/	64.85	*	365 / 4
	=	4.96

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.

AxtelB de CV'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 )
	=	3.528	/	146.825
	=	0.02

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.

AxtelB de CV Inventory Turnover Related Terms

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AxtelB de CV (FRA:4GK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axtel SAB de CV (FRA:4GK) » Definitions » Inventory Turnover

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AXTELCPO:Mexico

Address

Boulevard Diaz Ordaz Km. 3.33 L-1, Col. Unidad San Pedro, San Pedro Garza Garcia, NL, MEX, 66215

Website

http://www.axtelcorp.mx

Axtel SAB de CV is a Mexican based information and communication technology company. The company has two operating segments namely Business operating segment offers communication services such as information, data and Internet technologies, managed through the company's network and infrastructure for both multinational companies, as well as for international and national businesses. Its Government operating segment offers communication services such as information, data and Internet technologies, administered through the company's network and infrastructure, for the federal, state and municipal governments. The company generates maximum revenue from the Business segment. Geographically, it derives majority revenue from the Mexico region.

AxtelB de CV (FRA:4GK) Headlines

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