Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Inventories and Cost of Sales

v3.20.1
Inventories and Cost of Sales
 12 Months Ended
Dec. 31, 2019
Inventories and Cost of Sales [Abstract]  
Inventories and cost of sales
7. Inventories and cost of sales

 

        2019     2018  
                 
Finished goods     Ps. 224,025       215,812  
Packing material         4,577       3,750  
          228,602       219,562  
Merchandise-in-transit         116,952       82,644  
      Ps. 345,554       302,206  

 

The cost of inventories recognized as an expense during the year in respect of continuing operations was Ps. 1,280,829, Ps. 958,469 and Ps. 558,105, for the years ended December 31, 2019, 2018 and 2017, respectively.

 

The cost of inventories recognized as an expense includes Ps. 14,273, Ps. 7,084 and Ps. 6,214 during 2019, 2018, and 2017, respectively, in respect of write-downs of inventory to net realizable value. Such write-downs have been recognized to account for obsolete inventories.