Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Days Inventory : 2.81 (As of Sep. 2023)

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What is Companhia Deneamento Basico Do Estado Deo Paulo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Companhia Deneamento Basico Do Estado Deo Paulo's Average Total Inventories for the three months ended in Sep. 2023 was $25 Mil. Companhia Deneamento Basico Do Estado Deo Paulo's Cost of Goods Sold for the three months ended in Sep. 2023 was $799 Mil. Hence, Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory for the three months ended in Sep. 2023 was 2.81.

The historical rank and industry rank for Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory or its related term are showing as below:

SBS' s Days Inventory Range Over the Past 10 Years
Min: 2.45 Med: 2.98 Max: 3.11
Current: 2.8

During the past 13 years, Companhia Deneamento Basico Do Estado Deo Paulo's highest Days Inventory was 3.11. The lowest was 2.45. And the median was 2.98.

SBS's Days Inventory is ranked better than
87.74% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.62 vs SBS: 2.80

Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory declined from Sep. 2022 (3.00) to Sep. 2023 (2.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Companhia Deneamento Basico Do Estado Deo Paulo's Inventory Turnover for the three months ended in Sep. 2023 was 32.42.

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. Companhia Deneamento Basico Do Estado Deo Paulo's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.02.

Companhia Deneamento Basico Do Estado Deo Paulo Days Inventory Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

* Premium members only.

Companhia Deneamento Basico Do Estado Deo Paulo Days Inventory Chart

Companhia Deneamento Basico Do Estado Deo Paulo Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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3.35

2.52

3.15

3.26

2.92

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															3.00	2.83	3.01	2.49	2.81

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory falls into.

Companhia Deneamento Basico Do Estado Deo Paulo Days Inventory Calculation

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

Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (20.072	+	23.687)	/	2 )	/	2735.903	*	365
=	21.8795					/	2735.903	*	365
=	2.92

Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (24.85	+	24.421)	/	2 )	/	798.696	*	365 / 4
=	24.6355					/	798.696	*	365 / 4
=	2.81

Companhia Deneamento Basico Do Estado Deo Paulo (NYSE:SBS) 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	798.696	/	24.6355
	=	32.42

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.

Companhia Deneamento Basico Do Estado Deo Paulo's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.6355	/	1306.669
	=	0.02

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.

Companhia Deneamento Basico Do Estado Deo Paulo Days Inventory Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Companhia De Saneamento Basico Do Estado De Sao Paulo (NYSE:SBS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SAJA:Germany SBSP3:Brazil SBS:Argentina

Address

Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900

Website

https://www.sabesp.com.br

Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.