Correa Ribeiro Comercio e Industria (BSP:CORR4) Days Inventory : 0.00 (As of Sep. 2023)

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What is Correa Ribeiro Comercio e Industria Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Correa Ribeiro Comercio e Industria's Average Total Inventories for the three months ended in Sep. 2023 was R$0.03 Mil. Correa Ribeiro Comercio e Industria's Cost of Goods Sold for the three months ended in Sep. 2023 was R$0.00 Mil.

The historical rank and industry rank for Correa Ribeiro Comercio e Industria's Days Inventory or its related term are showing as below:

During the past 13 years, Correa Ribeiro Comercio e Industria's highest Days Inventory was 68944.44. The lowest was 189.36. And the median was 699.38.

BSP:CORR4's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 698.185
* Ranked among companies with meaningful Days Inventory only.

Correa Ribeiro Comercio e Industria's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Correa Ribeiro Comercio e Industria's Inventory Turnover for the three months ended in Sep. 2023 was 0.00.

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. Correa Ribeiro Comercio e Industria's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.37.

Correa Ribeiro Comercio e Industria Days Inventory Historical Data

The historical data trend for Correa Ribeiro Comercio e Industria'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.

Correa Ribeiro Comercio e Industria Days Inventory Chart

Correa Ribeiro Comercio e Industria Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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56,291.81

189.36

365.00

68,944.44

Correa Ribeiro Comercio e Industria Quarterly Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Correa Ribeiro Comercio e Industria's Days Inventory

For the Real Estate Services subindustry, Correa Ribeiro Comercio e Industria'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.

Correa Ribeiro Comercio e Industria's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Correa Ribeiro Comercio e Industria's Days Inventory distribution charts can be found below:

* The bar in red indicates where Correa Ribeiro Comercio e Industria's Days Inventory falls into.

Correa Ribeiro Comercio e Industria Days Inventory Calculation

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

Correa Ribeiro Comercio e Industria'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
=	( (0	+	1.7)	/	1 )	/	0.0089999999999999	*	365
=	1.7					/	0.0089999999999999	*	365
=	68,944.44

Correa Ribeiro Comercio e Industria'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
=	( (0.031	+	0)	/	1 )	/	0	*	365 / 4
=	0.031					/	0	*	365 / 4
=	N/A

Correa Ribeiro Comercio e Industria (BSP:CORR4) 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.

Correa Ribeiro Comercio e Industria's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.031
	=	0.00

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.

Correa Ribeiro Comercio e Industria's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.031	/	0.083
	=	0.37

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.

Correa Ribeiro Comercio e Industria Days Inventory Related Terms

Thank you for viewing the detailed overview of Correa Ribeiro Comercio e Industria's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Correa Ribeiro Comercio e Industria (BSP:CORR4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Correa Ribeiro SA Comercio e Industria (BSP:CORR4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Centenario 2411, Sala 1105, Salvador, BA, BRA, 40155151

Website

Correa Ribeiro SA Comercio e Industria, together with its subsidiaries, engages in the administration, sale and leasing of residential properties.

Correa Ribeiro Comercio e Industria (BSP:CORR4) Headlines

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