GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Companhia Celg de Participacoes SA (BSP:GPAR3) » Definitions » Days Inventory

Companhia Celg de Participacoes (BSP:GPAR3) Days Inventory

: 2.75 (As of Dec. 2023)
View and export this data going back to 2008. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Companhia Celg de Participacoes's Average Total Inventories for the three months ended in Dec. 2023 was R$0.10 Mil. Companhia Celg de Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$3.20 Mil. Hence, Companhia Celg de Participacoes's Days Inventory for the three months ended in Dec. 2023 was 2.75.

The historical rank and industry rank for Companhia Celg de Participacoes's Days Inventory or its related term are showing as below:

BSP:GPAR3' s Days Inventory Range Over the Past 10 Years
Min: 1.06   Med: 13.67   Max: 210.39
Current: 2.67

During the past 13 years, Companhia Celg de Participacoes's highest Days Inventory was 210.39. The lowest was 1.06. And the median was 13.67.

BSP:GPAR3's Days Inventory is ranked better than
87.74% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.43 vs BSP:GPAR3: 2.67

Companhia Celg de Participacoes's Days Inventory increased from Dec. 2022 (2.21) to Dec. 2023 (2.75). It might indicate that Companhia Celg de Participacoes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Companhia Celg de Participacoes's Inventory Turnover for the three months ended in Dec. 2023 was 33.17.

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. Companhia Celg de Participacoes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Companhia Celg de Participacoes Days Inventory Historical Data

The historical data trend for Companhia Celg de 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.

Companhia Celg de 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 15.17 13.13 210.39 1.06 2.50

Companhia Celg de 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 2.21 3.36 2.92 2.20 2.75

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Companhia Celg de 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.


Companhia Celg de Participacoes Days Inventory Distribution

For the Utilities - Regulated industry and Utilities sector, Companhia Celg de Participacoes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Companhia Celg de Participacoes's Days Inventory falls into.



Companhia Celg de Participacoes Days Inventory Calculation

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

Companhia Celg de 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
=( (0.008 + 0.121) / 2 ) / 9.428*365
=0.0645 / 9.428*365
=2.50

Companhia Celg de 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
=( (0.072 + 0.121) / 2 ) / 3.201*365 / 4
=0.0965 / 3.201*365 / 4
=2.75

* 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.


Companhia Celg de Participacoes  (BSP:GPAR3) 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.

Companhia Celg de 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.

Companhia Celg de 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.


Companhia Celg de Participacoes Days Inventory Related Terms

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


Companhia Celg de Participacoes (BSP:GPAR3) Business Description

Traded in Other Exchanges
N/A
Address
Rua 2, Quadra A-37, No- 505, Edificio Gileno Godoi, Goiania, BRA, 74805-180
Companhia Celg de Participacoes SA operates as the holding company in electricity sector. The Company generates, distributes, transmits and markets electric energy in Brazil.

Companhia Celg de Participacoes (BSP:GPAR3) Headlines

No Headlines