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RNI Negocios Imobiliarios (BSP:RDNI3) Days Inventory : 212.02 (As of Mar. 2024)


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What is RNI Negocios Imobiliarios Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RNI Negocios Imobiliarios's Average Total Inventories for the three months ended in Mar. 2024 was R$293.7 Mil. RNI Negocios Imobiliarios's Cost of Goods Sold for the three months ended in Mar. 2024 was R$126.4 Mil. Hence, RNI Negocios Imobiliarios's Days Inventory for the three months ended in Mar. 2024 was 212.02.

The historical rank and industry rank for RNI Negocios Imobiliarios's Days Inventory or its related term are showing as below:

BSP:RDNI3' s Days Inventory Range Over the Past 10 Years
Min: 241.24   Med: 306.42   Max: 505.06
Current: 261.57

During the past 13 years, RNI Negocios Imobiliarios's highest Days Inventory was 505.06. The lowest was 241.24. And the median was 306.42.

BSP:RDNI3's Days Inventory is ranked better than
70.81% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs BSP:RDNI3: 261.57

RNI Negocios Imobiliarios's Days Inventory declined from Mar. 2023 (246.90) to Mar. 2024 (212.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. RNI Negocios Imobiliarios's Inventory Turnover for the three months ended in Mar. 2024 was 0.43.

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. RNI Negocios Imobiliarios's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.97.


RNI Negocios Imobiliarios Days Inventory Historical Data

The historical data trend for RNI Negocios Imobiliarios'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.

RNI Negocios Imobiliarios Days Inventory Chart

RNI Negocios Imobiliarios 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 347.23 307.12 343.55 273.23 305.71

RNI Negocios Imobiliarios 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 246.90 243.96 222.21 524.34 212.02

Competitive Comparison of RNI Negocios Imobiliarios's Days Inventory

For the Real Estate - Development subindustry, RNI Negocios Imobiliarios'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.


RNI Negocios Imobiliarios's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RNI Negocios Imobiliarios's Days Inventory distribution charts can be found below:

* The bar in red indicates where RNI Negocios Imobiliarios's Days Inventory falls into.



RNI Negocios Imobiliarios Days Inventory Calculation

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

RNI Negocios Imobiliarios'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
=( (274.253 + 327.14) / 2 ) / 359.015*365
=300.6965 / 359.015*365
=305.71

RNI Negocios Imobiliarios'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
=( (327.14 + 260.329) / 2 ) / 126.42*365 / 4
=293.7345 / 126.42*365 / 4
=212.02

* 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.


RNI Negocios Imobiliarios  (BSP:RDNI3) 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.

RNI Negocios Imobiliarios'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.

RNI Negocios Imobiliarios'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.


RNI Negocios Imobiliarios Days Inventory Related Terms

Thank you for viewing the detailed overview of RNI Negocios Imobiliarios's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


RNI Negocios Imobiliarios (BSP:RDNI3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Francisco das Chagas de Oliveira, nº 2.500, Higienopolis, Sao Jose Do Rio Preto, SP, BRA, 15085-485
RNI Negocios Imobiliarios SA is in the purchase and sale of real estate. It also engages in parceling or plotting of land; development of real estate and construction of properties for sale; and provision of third-party services. The company operates in several real estate segments, always prioritizing the ideals of social responsibility and sustainability, and aims to offer high-quality projects that provide comfort and well-being with security. The Company has a portfolio that serves 3 different product lines Moradas, Terra Nova and Stillo.

RNI Negocios Imobiliarios (BSP:RDNI3) Headlines

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