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MRV Engenharia e Participacoes (BSP:MRVE3) Days Inventory : 301.84 (As of Mar. 2024)


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What is MRV Engenharia e Participacoes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MRV Engenharia e Participacoes's Average Total Inventories for the three months ended in Mar. 2024 was R$4,671 Mil. MRV Engenharia e Participacoes's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1,412 Mil. Hence, MRV Engenharia e Participacoes's Days Inventory for the three months ended in Mar. 2024 was 301.84.

The historical rank and industry rank for MRV Engenharia e Participacoes's Days Inventory or its related term are showing as below:

BSP:MRVE3' s Days Inventory Range Over the Past 10 Years
Min: 229.46   Med: 299.75   Max: 360.69
Current: 292.35

During the past 13 years, MRV Engenharia e Participacoes's highest Days Inventory was 360.69. The lowest was 229.46. And the median was 299.75.

BSP:MRVE3's Days Inventory is ranked better than
54.74% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 326.57 vs BSP:MRVE3: 292.35

MRV Engenharia e Participacoes's Days Inventory declined from Mar. 2023 (312.79) to Mar. 2024 (301.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. MRV Engenharia e Participacoes's Inventory Turnover for the three months ended in Mar. 2024 was 0.30.

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. MRV Engenharia e Participacoes's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.45.


MRV Engenharia e Participacoes Days Inventory Historical Data

The historical data trend for MRV Engenharia e Participacoes'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.

MRV Engenharia e Participacoes Days Inventory Chart

MRV Engenharia e Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 334.04 294.52 278.75 304.97 291.49

MRV Engenharia e Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 312.79 298.56 282.88 286.63 301.84

Competitive Comparison of MRV Engenharia e Participacoes's Days Inventory

For the Residential Construction subindustry, MRV Engenharia e Participacoes'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.


MRV Engenharia e Participacoes's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, MRV Engenharia e Participacoes's Days Inventory distribution charts can be found below:

* The bar in red indicates where MRV Engenharia e Participacoes's Days Inventory falls into.



MRV Engenharia e Participacoes Days Inventory Calculation

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

MRV Engenharia e Participacoes's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4583.823 + 4588.462) / 2 ) / 5742.737*365
=4586.1425 / 5742.737*365
=291.49

MRV Engenharia e Participacoes's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (4588.462 + 4754.219) / 2 ) / 1412.186*365 / 4
=4671.3405 / 1412.186*365 / 4
=301.84

* 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.


MRV Engenharia e Participacoes  (BSP:MRVE3) 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.

MRV Engenharia e Participacoes's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

MRV Engenharia e Participacoes's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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

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.


MRV Engenharia e Participacoes Days Inventory Related Terms

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


MRV Engenharia e Participacoes (BSP:MRVE3) Business Description

Traded in Other Exchanges
N/A
Address
Professor Mario Werneck Avenida, 621, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610
MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Rental of residential properties and Urban land subdivisions. The rental of residential properties segment is split in United States (USA) and Brazil.

MRV Engenharia e Participacoes (BSP:MRVE3) Headlines

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