Metalurgica Riosulense (BSP:RSUL4) Days Inventory

: 126.67 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Metalurgica Riosulense's Average Total Inventories for the three months ended in Dec. 2023 was R$64.9 Mil. Metalurgica Riosulense's Cost of Goods Sold for the three months ended in Dec. 2023 was R$46.7 Mil. Hence, Metalurgica Riosulense's Days Inventory for the three months ended in Dec. 2023 was 126.67.

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

BSP:RSUL4' s Days Inventory Range Over the Past 10 Years
Min: 64.15 Med: 80.65 Max: 130.32
Current: 129.46

During the past 13 years, Metalurgica Riosulense's highest Days Inventory was 130.32. The lowest was 64.15. And the median was 80.65.

BSP:RSUL4's Days Inventory is ranked worse than
77.31% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.885 vs BSP:RSUL4: 129.46

Metalurgica Riosulense's Days Inventory increased from Dec. 2022 (107.51) to Dec. 2023 (126.67). It might indicate that Metalurgica Riosulense's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metalurgica Riosulense's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Metalurgica Riosulense's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.81.

Metalurgica Riosulense Days Inventory Historical Data

The historical data trend for Metalurgica Riosulense'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.

Metalurgica Riosulense Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

78.14

94.38

84.88

95.01

130.32

Metalurgica Riosulense 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															107.51	138.44	132.14	120.10	126.67

Competitive Comparison

For the Auto Parts subindustry, Metalurgica Riosulense'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.

Metalurgica Riosulense Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Metalurgica Riosulense's Days Inventory distribution charts can be found below:

* The bar in red indicates where Metalurgica Riosulense's Days Inventory falls into.

Metalurgica Riosulense Days Inventory Calculation

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

Metalurgica Riosulense'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
=	( (72.476	+	66.202)	/	2 )	/	194.204	*	365
=	69.339					/	194.204	*	365
=	130.32

Metalurgica Riosulense'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
=	( (63.516	+	66.202)	/	2 )	/	46.722	*	365 / 4
=	64.859					/	46.722	*	365 / 4
=	126.67

Metalurgica Riosulense (BSP:RSUL4) 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.

Metalurgica Riosulense's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.722	/	64.859
	=	0.72

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.

Metalurgica Riosulense's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.859	/	80.561
	=	0.81

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.

Metalurgica Riosulense Days Inventory Related Terms

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

Metalurgica Riosulense (BSP:RSUL4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Metalurgica Riosulense SA (BSP:RSUL4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

R Emilio Adami 700 - Barra Do Trombudo, Rio Do Sul, SC, BRA, 89160000

Website

https://www.rio.riosulense.com.br

Metalurgica Riosulense SA manufactures auto parts & components such as valve guides, valve seats, mechanical valve tappets & alloys cast parts. Its products include bearing, rocker arms, piston rings, camshaft, adapters, bearing covers, & among others.

Metalurgica Riosulense (BSP:RSUL4) Headlines

No Headlines