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EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) Days Inventory

: 595.72 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). EZ TEC Empreendimentos e Participacoes's Average Total Inventories for the three months ended in Dec. 2023 was R$1,472 Mil. EZ TEC Empreendimentos e Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$225 Mil. Hence, EZ TEC Empreendimentos e Participacoes's Days Inventory for the three months ended in Dec. 2023 was 595.72.

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

BSP:EZTC3' s Days Inventory Range Over the Past 10 Years
Min: 461.21   Med: 629.86   Max: 1266.15
Current: 666.13

During the past 13 years, EZ TEC Empreendimentos e Participacoes's highest Days Inventory was 1266.15. The lowest was 461.21. And the median was 629.86.

BSP:EZTC3's Days Inventory is ranked better than
51.7% of 1321 companies
in the Real Estate industry
Industry Median: 689.74 vs BSP:EZTC3: 666.13

EZ TEC Empreendimentos e Participacoes's Days Inventory increased from Dec. 2022 (462.21) to Dec. 2023 (595.72). It might indicate that EZ TEC Empreendimentos e Participacoes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. EZ TEC Empreendimentos e Participacoes's Inventory Turnover for the three months ended in Dec. 2023 was 0.15.

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. EZ TEC Empreendimentos e Participacoes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.35.


EZ TEC Empreendimentos e Participacoes Days Inventory Historical Data

The historical data trend for EZ TEC Empreendimentos 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.

EZ TEC Empreendimentos e Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 684.38 546.32 594.22 528.13 649.60

EZ TEC Empreendimentos e Participacoes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 462.21 653.84 721.23 737.05 595.72

Competitive Comparison

For the Real Estate - Development subindustry, EZ TEC Empreendimentos 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.


EZ TEC Empreendimentos e Participacoes Days Inventory Distribution

For the Real Estate industry and Real Estate sector, EZ TEC Empreendimentos e Participacoes's Days Inventory distribution charts can be found below:

* The bar in red indicates where EZ TEC Empreendimentos e Participacoes's Days Inventory falls into.



EZ TEC Empreendimentos e Participacoes Days Inventory Calculation

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

EZ TEC Empreendimentos 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
=( (1209.55 + 1422.577) / 2 ) / 739.473*365
=1316.0635 / 739.473*365
=649.60

EZ TEC Empreendimentos e Participacoes'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
=( (1520.718 + 1422.577) / 2 ) / 225.421*365 / 4
=1471.6475 / 225.421*365 / 4
=595.72

* 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.


EZ TEC Empreendimentos e Participacoes  (BSP:EZTC3) 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.

EZ TEC Empreendimentos e Participacoes'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.

EZ TEC Empreendimentos e Participacoes'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.


EZ TEC Empreendimentos e Participacoes Days Inventory Related Terms

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


EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Republica do Libano, 1921, Sao Paulo, SP, BRA, 04501002
EZ TEC Empreendimentos e Participacoes SA is a real estate development company that operates out of Brazil. The company and its subsidiaries engage in the development & sale of real estate, the management & lease of its own properties, land allotment, construction of condominiums, and services related to projects. The company defines its operations to include two revenue generating segments: commercial projects and residential projects. A majority of revenue is derived from the residential project segment, while a smaller portion is derived from the commercial projects segment. The company earns majority of its revenue in Brazil.

EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) Headlines

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