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Construtora Tenda (BSP:TEND3) Days Inventory : 114.49 (As of Dec. 2023)


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What is Construtora Tenda Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Construtora Tenda's Average Total Inventories for the three months ended in Dec. 2023 was R$737 Mil. Construtora Tenda's Cost of Goods Sold for the three months ended in Dec. 2023 was R$587 Mil. Hence, Construtora Tenda's Days Inventory for the three months ended in Dec. 2023 was 114.49.

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

BSP:TEND3' s Days Inventory Range Over the Past 10 Years
Min: 101.31   Med: 192.05   Max: 238.88
Current: 101.31

During the past 13 years, Construtora Tenda's highest Days Inventory was 238.88. The lowest was 101.31. And the median was 192.05.

BSP:TEND3's Days Inventory is ranked better than
81.18% of 1323 companies
in the Real Estate industry
Industry Median: 689.49 vs BSP:TEND3: 101.31

Construtora Tenda's Days Inventory increased from Dec. 2022 (78.94) to Dec. 2023 (114.49). It might indicate that Construtora Tenda's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Construtora Tenda's Inventory Turnover for the three months ended in Dec. 2023 was 0.80.

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. Construtora Tenda's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.98.


Construtora Tenda Days Inventory Historical Data

The historical data trend for Construtora Tenda'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.

Construtora Tenda Days Inventory Chart

Construtora Tenda Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.94 201.23 153.45 137.41 124.48

Construtora Tenda 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 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 78.94 91.07 86.00 90.04 114.49

Competitive Comparison of Construtora Tenda's Days Inventory

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda's Days Inventory Distribution in the Real Estate Industry

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

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



Construtora Tenda Days Inventory Calculation

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

Construtora Tenda'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
=( (631.273 + 933.722) / 2 ) / 2294.468*365
=782.4975 / 2294.468*365
=124.48

Construtora Tenda'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
=( (539.933 + 933.722) / 2 ) / 587.24*365 / 4
=736.8275 / 587.24*365 / 4
=114.49

* 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.


Construtora Tenda  (BSP:TEND3) 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.

Construtora Tenda'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.

Construtora Tenda'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.


Construtora Tenda Days Inventory Related Terms

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


Construtora Tenda (BSP:TEND3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works, real estate development, real estate purchase, and sale, the provision of general construction management services, the intermediation of the sale of consortium shares, and the holding of interests in other companies. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company concentrates its activities in nine metropolitan regions of Brazil, uniquely operating within bracket 2 of the Casa Verde e Amarela federal government housing program. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings.

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