SYN Prop E Tech (SYN Prop E Tech) Days Inventory : 0.89 (As of Dec. 2023)

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What is SYN Prop E Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SYN Prop E Tech's Average Total Inventories for the three months ended in Dec. 2023 was $0.09 Mil. SYN Prop E Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.68 Mil. Hence, SYN Prop E Tech's Days Inventory for the three months ended in Dec. 2023 was 0.89.

The historical rank and industry rank for SYN Prop E Tech's Days Inventory or its related term are showing as below:

CCPEL' s Days Inventory Range Over the Past 10 Years
Min: 0.57 Med: 3.45 Max: 665.05
Current: 1.35

During the past 13 years, SYN Prop E Tech's highest Days Inventory was 665.05. The lowest was 0.57. And the median was 3.45.

CCPEL's Days Inventory is ranked better than
97.21% of 1325 companies
in the Real Estate industry
Industry Median: 699.45 vs CCPEL: 1.35

SYN Prop E Tech's Days Inventory declined from Dec. 2022 (1.49) to Dec. 2023 (0.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. SYN Prop E Tech's Inventory Turnover for the three months ended in Dec. 2023 was 102.94.

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. SYN Prop E Tech's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

SYN Prop E Tech Days Inventory Historical Data

The historical data trend for SYN Prop E Tech'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.

SYN Prop E Tech Days Inventory Chart

SYN Prop E Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2.17

2.16

0.60

1.40

SYN Prop E Tech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															1.49	1.94	1.38	0.96	0.89

Competitive Comparison of SYN Prop E Tech's Days Inventory

For the Real Estate - Diversified subindustry, SYN Prop E Tech'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.

SYN Prop E Tech's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where SYN Prop E Tech's Days Inventory falls into.

SYN Prop E Tech Days Inventory Calculation

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

SYN Prop E Tech'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
=	( (0.203	+	0.094)	/	2 )	/	38.766	*	365
=	0.1485					/	38.766	*	365
=	1.40

SYN Prop E Tech's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.094	+	0.094)	/	2 )	/	9.676	*	365 / 4
=	0.094					/	9.676	*	365 / 4
=	0.89

SYN Prop E Tech (OTCPK:CCPEL) 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.

SYN Prop E Tech's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.676	/	0.094
	=	102.94

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.

SYN Prop E Tech's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.094	/	23.588
	=	0.00

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.

SYN Prop E Tech Days Inventory Related Terms

Thank you for viewing the detailed overview of SYN Prop E Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

SYN Prop E Tech (SYN Prop E Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SYN Prop E Tech SA (OTCPK:CCPEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SYYNY:USA SYNE3:Brazil

Address

Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132

Website

https://www.ccpsa.com.br

SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, trade, and management of commercial properties in Brazil. Its portfolio includes shopping centres and corporate buildings. Business is organized into three operating segments being Buildings, Shopping malls, Services and Others. Key revenue is earned from the Building division which is engaged in the sale and lease of commercial buildings. Shopping malls consists of the lease of stores in shopping malls. Services consists of services involving the management of shopping malls, development of properties and operation of parking lots. Other consists of the lease of other types of properties.