Magazine Luiza (Magazine Luiza) Change In Inventory : $25 Mil (TTM As of Mar. 2024)

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What is Magazine Luiza Change In Inventory?

Magazine Luiza's change in inventory for the quarter that ended in Mar. 2024 was $26 Mil. It means Magazine Luiza's inventory declined by $26 Mil from Dec. 2023 to Mar. 2024 .

Magazine Luiza's change in inventory for the fiscal year that ended in Dec. 2023 was $47 Mil. It means Magazine Luiza's inventory declined by $47 Mil from Dec. 2022 to Dec. 2023 .

Magazine Luiza's Total Inventories for the quarter that ended in Mar. 2024 was $1,469 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magazine Luiza's Days Inventory for the quarter that ended in Mar. 2024 was 105.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Magazine Luiza's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.87.

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. Magazine Luiza's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

Magazine Luiza Change In Inventory Historical Data

The historical data trend for Magazine Luiza's Change In 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.

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Magazine Luiza Change In Inventory Chart

Magazine Luiza Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-250.13

-401.48

-516.92

219.63

47.04

Magazine Luiza Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															45.75	-0.12	-77.79	76.93	25.60

Magazine Luiza Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $25 Mil.

Magazine Luiza (OTCPK:MGLUD) Change In Inventory Explanation

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

Magazine Luiza's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1499.5455	/	1300.428	*	365 / 4
	=	105.22

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Magazine Luiza's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1300.428	/	1499.5455
	=	0.87

3. 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.

Magazine Luiza's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1499.5455	/	1855.349
	=	0.81

Magazine Luiza Change In Inventory Related Terms

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Magazine Luiza (Magazine Luiza) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Magazine Luiza SA (OTCPK:MGLUD) » Definitions » Change In Inventory

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MGLU3:Brazil

Address

Rua Arnulfo de Lima, 2385 - Vila Santa Cruz, Franca, SP, BRA, 14403-471

Website

https://www.magazineluiza.com.br

Magazine Luiza SA is a retailing company in Brazil. Its core products are home appliances, personal electronics, and furniture, which are supplied through physical and virtual stores. Its operations include four segments, Retail segment, Financial operations, Insurance operations and Other services. The company derives maximum revenue from Retail segment.