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Teka-Tecelagem Kuehnrich (BSP:TEKA4) Days Inventory

: 64.98 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Teka-Tecelagem Kuehnrich's Average Total Inventories for the three months ended in Dec. 2023 was R$44.3 Mil. Teka-Tecelagem Kuehnrich's Cost of Goods Sold for the three months ended in Dec. 2023 was R$62.2 Mil. Hence, Teka-Tecelagem Kuehnrich's Days Inventory for the three months ended in Dec. 2023 was 64.98.

The historical rank and industry rank for Teka-Tecelagem Kuehnrich's Days Inventory or its related term are showing as below:

BSP:TEKA4' s Days Inventory Range Over the Past 10 Years
Min: 38.04   Med: 55.83   Max: 73.45
Current: 68.98

During the past 13 years, Teka-Tecelagem Kuehnrich's highest Days Inventory was 73.45. The lowest was 38.04. And the median was 55.83.

BSP:TEKA4's Days Inventory is ranked better than
78.87% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs BSP:TEKA4: 68.98

Teka-Tecelagem Kuehnrich's Days Inventory declined from Dec. 2022 (66.98) to Dec. 2023 (64.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Teka-Tecelagem Kuehnrich's Inventory Turnover for the three months ended in Dec. 2023 was 1.40.

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. Teka-Tecelagem Kuehnrich's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.54.


Teka-Tecelagem Kuehnrich Days Inventory Historical Data

The historical data trend for Teka-Tecelagem Kuehnrich'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.

Teka-Tecelagem Kuehnrich 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 57.50 73.45 67.09 72.57 69.52

Teka-Tecelagem Kuehnrich 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 66.98 70.44 75.43 65.46 64.98

Competitive Comparison

For the Textile Manufacturing subindustry, Teka-Tecelagem Kuehnrich'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.


Teka-Tecelagem Kuehnrich Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teka-Tecelagem Kuehnrich's Days Inventory distribution charts can be found below:

* The bar in red indicates where Teka-Tecelagem Kuehnrich's Days Inventory falls into.



Teka-Tecelagem Kuehnrich Days Inventory Calculation

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

Teka-Tecelagem Kuehnrich'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
=( (43.756 + 45.539) / 2 ) / 234.426*365
=44.6475 / 234.426*365
=69.52

Teka-Tecelagem Kuehnrich'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
=( (43.04 + 45.539) / 2 ) / 62.191*365 / 4
=44.2895 / 62.191*365 / 4
=64.98

* 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.


Teka-Tecelagem Kuehnrich  (BSP:TEKA4) 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.

Teka-Tecelagem Kuehnrich'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.

Teka-Tecelagem Kuehnrich'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.


Teka-Tecelagem Kuehnrich Days Inventory Related Terms

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


Teka-Tecelagem Kuehnrich (BSP:TEKA4) Business Description

Traded in Other Exchanges
Address
R Paulo Kuehnrich 68, Bairro Itoupava Norte, Blumenau, SC, BRA, 89052900
Teka-Tecelagem Kuehnrich SA is engaged in the textile industry. Through its three lines of business - Home, Profiline and Exports - it produces and offers bed, table and bath textile products, among others.

Teka-Tecelagem Kuehnrich (BSP:TEKA4) Headlines

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