Diagnosticos da America (BSP:DASA3) Inventory Turnover : 5.64 (As of Mar. 2024)

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What is Diagnosticos da America Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Diagnosticos da America's Cost of Goods Sold for the three months ended in Mar. 2024 was R$2,663 Mil. Diagnosticos da America's Average Total Inventories for the quarter that ended in Mar. 2024 was R$472 Mil. Diagnosticos da America's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Diagnosticos da America's Days Inventory for the three months ended in Mar. 2024 was 16.18.

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. Diagnosticos da America's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.13.

Diagnosticos da America Inventory Turnover Historical Data

The historical data trend for Diagnosticos da America's Inventory Turnover 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.

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Diagnosticos da America Inventory Turnover Chart

Diagnosticos da America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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29.71

22.85

20.15

22.13

22.36

Diagnosticos da America Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.22	5.43	5.61	5.74	5.64

Diagnosticos da America Inventory Turnover Calculation

Diagnosticos da America's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	10365.23	/ (	(476.029	+	450.977)	/	2 )
=	10365.23	/	463.503
=	22.36

Diagnosticos da America's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2662.504	/ (	(450.977	+	493.07)	/	2 )
=	2662.504	/	472.0235
=	5.64

Diagnosticos da America (BSP:DASA3) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Diagnosticos da America's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	472.0235	/	2662.504	*	365 / 4
	=	16.18

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.

Diagnosticos da America's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	472.0235	/	3727.992
	=	0.13

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Diagnosticos da America Inventory Turnover Related Terms

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Diagnosticos da America (BSP:DASA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Diagnosticos da America SA (BSP:DASA3) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Avenida Jurua, 434, Alphaville, Barueri, SP, BRA, 06455-010

Website

https://www.dasa3.com.br

Diagnosticos da America SA operates as a medical diagnostics company in Brazil. The company offers clinical analysis, diagnostic imaging tests, and patient service centers. It has three operating segments. Outpatient care services and care coordination includes Diagnosis and health management, Hospitals and oncology include Medical and hospital services & Foreign operations include Diagnosis. The majority is from the Hospitals and oncology segment. Geographically, it operates in Brazil and South America (Argentina, Uruguay, Chile and Colombia).

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