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Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Days Inventory : 1.45 (As of Dec. 2023)


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What is Empresa Metropolitana de Aguas & Energia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Empresa Metropolitana de Aguas & Energia's Average Total Inventories for the three months ended in Dec. 2023 was R$1.8 Mil. Empresa Metropolitana de Aguas & Energia's Cost of Goods Sold for the three months ended in Dec. 2023 was R$115.4 Mil. Hence, Empresa Metropolitana de Aguas & Energia's Days Inventory for the three months ended in Dec. 2023 was 1.45.

The historical rank and industry rank for Empresa Metropolitana de Aguas & Energia's Days Inventory or its related term are showing as below:

BSP:EMAE4' s Days Inventory Range Over the Past 10 Years
Min: 1.46   Med: 2.77   Max: 4.75
Current: 1.51

During the past 13 years, Empresa Metropolitana de Aguas & Energia's highest Days Inventory was 4.75. The lowest was 1.46. And the median was 2.77.

BSP:EMAE4's Days Inventory is ranked better than
91.83% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.62 vs BSP:EMAE4: 1.51

Empresa Metropolitana de Aguas & Energia's Days Inventory increased from Dec. 2022 (1.18) to Dec. 2023 (1.45). It might indicate that Empresa Metropolitana de Aguas & Energia's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Empresa Metropolitana de Aguas & Energia's Inventory Turnover for the three months ended in Dec. 2023 was 63.07.

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. Empresa Metropolitana de Aguas & Energia's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Empresa Metropolitana de Aguas & Energia Days Inventory Historical Data

The historical data trend for Empresa Metropolitana de Aguas & Energia'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.

Empresa Metropolitana de Aguas & Energia Days Inventory Chart

Empresa Metropolitana de Aguas & Energia 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 1.82 2.87 1.76 1.46 1.51

Empresa Metropolitana de Aguas & Energia 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 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 1.18 1.50 1.53 1.58 1.45

Competitive Comparison of Empresa Metropolitana de Aguas & Energia's Days Inventory

For the Utilities - Diversified subindustry, Empresa Metropolitana de Aguas & Energia'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.


Empresa Metropolitana de Aguas & Energia's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Metropolitana de Aguas & Energia's Days Inventory distribution charts can be found below:

* The bar in red indicates where Empresa Metropolitana de Aguas & Energia's Days Inventory falls into.



Empresa Metropolitana de Aguas & Energia Days Inventory Calculation

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

Empresa Metropolitana de Aguas & Energia'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
=( (1.842 + 1.826) / 2 ) / 442.849*365
=1.834 / 442.849*365
=1.51

Empresa Metropolitana de Aguas & Energia'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
=( (1.832 + 1.826) / 2 ) / 115.36*365 / 4
=1.829 / 115.36*365 / 4
=1.45

* 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.


Empresa Metropolitana de Aguas & Energia  (BSP:EMAE4) 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.

Empresa Metropolitana de Aguas & Energia's Inventory Turnover for the three months ended in Dec. 2023 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.

Empresa Metropolitana de Aguas & Energia's Inventory to Revenue for the three months ended in Dec. 2023 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.


Empresa Metropolitana de Aguas & Energia Days Inventory Related Terms

Thank you for viewing the detailed overview of Empresa Metropolitana de Aguas & Energia's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Business Description

Traded in Other Exchanges
Address
Avenida Jornalista Roberto Marinho, No. 85, 16th Floor, Bairro de Cidade Monçoes, Sao Paulo, SP, BRA, 04447011
Empresa Metropolitana de Aguas & Energia SA is engaged in the ownership and operation of hydraulic and electric power generation system. It focuses on power generation, flood control, and water supply for residential, recreation and fishing activities.

Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Headlines

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