GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CIA Catarinense de Aguas e Saneamento - CASAN (BSP:CASN3) » Definitions » Days Inventory

CIA Catarinense de Aguas eneamento - CASAN (BSP:CASN3) Days Inventory : 49.61 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is CIA Catarinense de Aguas eneamento - CASAN Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CIA Catarinense de Aguas eneamento - CASAN's Average Total Inventories for the three months ended in Dec. 2023 was R$134 Mil. CIA Catarinense de Aguas eneamento - CASAN's Cost of Goods Sold for the three months ended in Dec. 2023 was R$246 Mil. Hence, CIA Catarinense de Aguas eneamento - CASAN's Days Inventory for the three months ended in Dec. 2023 was 49.61.

The historical rank and industry rank for CIA Catarinense de Aguas eneamento - CASAN's Days Inventory or its related term are showing as below:

BSP:CASN3' s Days Inventory Range Over the Past 10 Years
Min: 27.13   Med: 32.24   Max: 52.64
Current: 52.64

During the past 13 years, CIA Catarinense de Aguas eneamento - CASAN's highest Days Inventory was 52.64. The lowest was 27.13. And the median was 32.24.

BSP:CASN3's Days Inventory is not ranked
in the Utilities - Regulated industry.
Industry Median: 22.695 vs BSP:CASN3: 52.64

CIA Catarinense de Aguas eneamento - CASAN's Days Inventory declined from Dec. 2022 (56.40) to Dec. 2023 (49.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. CIA Catarinense de Aguas eneamento - CASAN's Inventory Turnover for the three months ended in Dec. 2023 was 1.84.

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. CIA Catarinense de Aguas eneamento - CASAN's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.


CIA Catarinense de Aguas eneamento - CASAN Days Inventory Historical Data

The historical data trend for CIA Catarinense de Aguas eneamento - CASAN'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.

CIA Catarinense de Aguas eneamento - CASAN Days Inventory Chart

CIA Catarinense de Aguas eneamento - CASAN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.49 31.20 34.08 45.84 50.18

CIA Catarinense de Aguas eneamento - CASAN 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 56.40 54.23 52.32 57.32 49.61

Competitive Comparison of CIA Catarinense de Aguas eneamento - CASAN's Days Inventory

For the Utilities - Regulated Water subindustry, CIA Catarinense de Aguas eneamento - CASAN'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.


CIA Catarinense de Aguas eneamento - CASAN's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Catarinense de Aguas eneamento - CASAN's Days Inventory distribution charts can be found below:

* The bar in red indicates where CIA Catarinense de Aguas eneamento - CASAN's Days Inventory falls into.



CIA Catarinense de Aguas eneamento - CASAN Days Inventory Calculation

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

CIA Catarinense de Aguas eneamento - CASAN'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
=( (130.961 + 130.523) / 2 ) / 951.076*365
=130.742 / 951.076*365
=50.18

CIA Catarinense de Aguas eneamento - CASAN'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
=( (137.003 + 130.523) / 2 ) / 246.042*365 / 4
=133.763 / 246.042*365 / 4
=49.61

* 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.


CIA Catarinense de Aguas eneamento - CASAN  (BSP:CASN3) 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.

CIA Catarinense de Aguas eneamento - CASAN'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.

CIA Catarinense de Aguas eneamento - CASAN'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.


CIA Catarinense de Aguas eneamento - CASAN Days Inventory Related Terms

Thank you for viewing the detailed overview of CIA Catarinense de Aguas eneamento - CASAN's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


CIA Catarinense de Aguas eneamento - CASAN (BSP:CASN3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Emílio Blum No. 83, Centro, Florianopolis, SC, BRA, 88020010
CIA Catarinense de Aguas e Saneamento - CASAN operates in municipalities through program contracts and also agreements. It coordinates, plans, executes, operates and explores the public utilities of sewage and drinking water supply. It also carries out basic sanitation works in the municipalities in the state of Santa Catarina.

CIA Catarinense de Aguas eneamento - CASAN (BSP:CASN3) Headlines

No Headlines