GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tecnisa SA (BSP:TCSA3) » Definitions » Days Inventory

Tecnisa (BSP:TCSA3) Days Inventory

: 266.18 (As of Dec. 2023)
View and export this data going back to 2007. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Tecnisa's Average Total Inventories for the three months ended in Dec. 2023 was R$402.5 Mil. Tecnisa's Cost of Goods Sold for the three months ended in Dec. 2023 was R$138.0 Mil. Hence, Tecnisa's Days Inventory for the three months ended in Dec. 2023 was 266.18.

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

BSP:TCSA3' s Days Inventory Range Over the Past 10 Years
Min: 347.32   Med: 694.47   Max: 1232.68
Current: 397.45

During the past 13 years, Tecnisa's highest Days Inventory was 1232.68. The lowest was 347.32. And the median was 694.47.

BSP:TCSA3's Days Inventory is ranked better than
63.44% of 1321 companies
in the Real Estate industry
Industry Median: 689.74 vs BSP:TCSA3: 397.45

Tecnisa's Days Inventory declined from Dec. 2022 (791.44) to Dec. 2023 (266.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tecnisa's Inventory Turnover for the three months ended in Dec. 2023 was 0.34.

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. Tecnisa's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.57.


Tecnisa Days Inventory Historical Data

The historical data trend for Tecnisa'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.

Tecnisa 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 458.20 630.83 1,232.68 925.06 404.67

Tecnisa 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 791.44 419.66 508.95 479.91 266.18

Competitive Comparison

For the Real Estate - Development subindustry, Tecnisa'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.


Tecnisa Days Inventory Distribution

For the Real Estate industry and Real Estate sector, Tecnisa's Days Inventory distribution charts can be found below:

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



Tecnisa Days Inventory Calculation

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

Tecnisa'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
=( (504.107 + 388.494) / 2 ) / 402.547*365
=446.3005 / 402.547*365
=404.67

Tecnisa'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
=( (416.436 + 388.494) / 2 ) / 137.968*365 / 4
=402.465 / 137.968*365 / 4
=266.18

* 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.


Tecnisa  (BSP:TCSA3) 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.

Tecnisa'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.

Tecnisa'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.


Tecnisa Days Inventory Related Terms

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


Tecnisa (BSP:TCSA3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Nicolas Boer, 399, 5th floor, unit 502S, Jardim das Perdizes, Sao Paulo, SP, BRA, 01140-060
Tecnisa SA is a real estate company. The company is engaged mainly in the development and construction of residential and commercial real estate, individually or together with other entities, by holding a full interest in subsidiaries, joint ventures, or associates. It has only one reporting segment development and sale of properties. Tecnisa's mission is to offer the real-estate market products and services which will generate profits and satisfy clients in such a way as to guarantee the company's sustainability and the enhancement of the Tecnisa brand.

Tecnisa (BSP:TCSA3) Headlines

No Headlines