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Koraude Participacoes (BSP:KRSA3) Days Inventory : 15.59 (As of Dec. 2023)


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What is Koraude Participacoes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Koraude Participacoes's Average Total Inventories for the three months ended in Dec. 2023 was R$77 Mil. Koraude Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$450 Mil. Hence, Koraude Participacoes's Days Inventory for the three months ended in Dec. 2023 was 15.59.

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

BSP:KRSA3' s Days Inventory Range Over the Past 10 Years
Min: 12.48   Med: 17.65   Max: 19.39
Current: 17.39

During the past 6 years, Koraude Participacoes's highest Days Inventory was 19.39. The lowest was 12.48. And the median was 17.65.

BSP:KRSA3's Days Inventory is ranked better than
69.72% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.39 vs BSP:KRSA3: 17.39

Koraude Participacoes's Days Inventory declined from Dec. 2022 (19.65) to Dec. 2023 (15.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Koraude Participacoes's Inventory Turnover for the three months ended in Dec. 2023 was 5.85.

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. Koraude Participacoes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


Koraude Participacoes Days Inventory Historical Data

The historical data trend for Koraude 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.

Koraude Participacoes Days Inventory Chart

Koraude Participacoes Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 12.48 17.16 19.05 19.39 18.14

Koraude Participacoes Quarterly Data
Dec18 Dec19 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 19.65 20.20 18.16 15.11 15.59

Competitive Comparison of Koraude Participacoes's Days Inventory

For the Medical Care Facilities subindustry, Koraude 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.


Koraude Participacoes's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Koraude Participacoes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Koraude Participacoes's Days Inventory falls into.



Koraude Participacoes Days Inventory Calculation

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

Koraude 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
=( (97.049 + 80.408) / 2 ) / 1785.436*365
=88.7285 / 1785.436*365
=18.14

Koraude 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
=( (73.422 + 80.408) / 2 ) / 450.323*365 / 4
=76.915 / 450.323*365 / 4
=15.59

* 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.


Koraude Participacoes  (BSP:KRSA3) 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.

Koraude 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.

Koraude 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.


Koraude Participacoes Days Inventory Related Terms

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


Koraude Participacoes (BSP:KRSA3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, no 1327, Condomínio Edifício Internacional Plaza II, room 122, 12th floor, Sao Paulo, SP, BRA
Kora Saude Participacoes SA is a healthcare system that takes care of people for life. It has hospitals in Espirito Santo, Tocantins, Mato Grosso and the Federal District.

Koraude Participacoes (BSP:KRSA3) Headlines

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