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Fundo De Investimento Imobiliario Caixa Agencias (BSP:CXAG11) Days Inventory : 1,606.71 (As of Jun. 2024)


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What is Fundo De Investimento Imobiliario Caixa Agencias Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fundo De Investimento Imobiliario Caixa Agencias's Average Total Inventories for the six months ended in Jun. 2024 was R$8.55 Mil. Fundo De Investimento Imobiliario Caixa Agencias's Cost of Goods Sold for the six months ended in Jun. 2024 was R$1.94 Mil. Hence, Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory for the six months ended in Jun. 2024 was 803.36.

The historical rank and industry rank for Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory or its related term are showing as below:

BSP:CXAG11' s Days Inventory Range Over the Past 10 Years
Min: 1606.71   Med: 1976.56   Max: 2346.41
Current: 2213.58

During the past 3 years, Fundo De Investimento Imobiliario Caixa Agencias's highest Days Inventory was 2346.41. The lowest was 1606.71. And the median was 1976.56.

BSP:CXAG11's Days Inventory is ranked worse than
90.2% of 153 companies
in the REITs industry
Industry Median: 107.29 vs BSP:CXAG11: 2213.58

Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory increased from Jun. 2022 (0.00) to Jun. 2024 (1,606.71). It might indicate that Fundo De Investimento Imobiliario Caixa Agencias's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fundo De Investimento Imobiliario Caixa Agencias's Inventory Turnover for the six months ended in Jun. 2024 was 0.23.

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. Fundo De Investimento Imobiliario Caixa Agencias's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.43.


Fundo De Investimento Imobiliario Caixa Agencias Days Inventory Historical Data

The historical data trend for Fundo De Investimento Imobiliario Caixa Agencias'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.

Fundo De Investimento Imobiliario Caixa Agencias Days Inventory Chart

Fundo De Investimento Imobiliario Caixa Agencias Annual Data
Trend Jun22 Jun23 Jun24
Days Inventory
- 2,346.41 1,606.71

Fundo De Investimento Imobiliario Caixa Agencias Semi-Annual Data
Jun22 Jun23 Jun24
Days Inventory - 2,346.41 1,606.71

Competitive Comparison of Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory

For the REIT - Specialty subindustry, Fundo De Investimento Imobiliario Caixa Agencias'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.


Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory falls into.


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Fundo De Investimento Imobiliario Caixa Agencias Days Inventory Calculation

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

Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (8.553 + 0) / 1 ) / 1.943*365
=8.553 / 1.943*365
=1,606.71

Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (8.553 + 0) / 1 ) / 1.943*365 / 2
=8.553 / 1.943*365 / 2
=803.36

* 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.


Fundo De Investimento Imobiliario Caixa Agencias  (BSP:CXAG11) 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.

Fundo De Investimento Imobiliario Caixa Agencias's Inventory Turnover for the six months ended in Jun. 2024 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.

Fundo De Investimento Imobiliario Caixa Agencias's Inventory to Revenue for the six months ended in Jun. 2024 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.


Fundo De Investimento Imobiliario Caixa Agencias Days Inventory Related Terms

Thank you for viewing the detailed overview of Fundo De Investimento Imobiliario Caixa Agencias's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo De Investimento Imobiliario Caixa Agencias Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Americas 3434, Bloco 7, 2nd Floor, Rio de Janeiro, BRA, 22640-102
Fundo De Investimento Imobiliario Caixa Agencias is a Real estate investment fund. The purpose of the CAIXA Agency FII is to carry out long-term real estate investments, through the acquisition and eventual construction and adaptation of Bank Branches for lease to Caixa Economica Federal.

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