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Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Days Inventory : 0.00 (As of Dec. 2023)


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What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Average Total Inventories for the six months ended in Dec. 2023 was R$49.92 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Cost of Goods Sold for the six months ended in Dec. 2023 was R$0.00 Mil.

The historical rank and industry rank for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory or its related term are showing as below:

During the past 3 years, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's highest Days Inventory was 6280828.75. The lowest was 56812.12. And the median was 3168820.44.

BSP:MFII11's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 84.855
* Ranked among companies with meaningful Days Inventory only.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory declined from Dec. 2021 (56,812.12) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.59.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Inventory Historical Data

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Inventory Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
56,812.12 6,280,828.75 -

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Days Inventory 56,812.12 6,280,828.75 -

Competitive Comparison of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory falls into.



Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Inventory Calculation

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

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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
=( (47.507 + 52.329) / 2 ) / 0*365
=49.918 / 0*365
=N/A

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (47.507 + 52.329) / 2 ) / 0*365 / 2
=49.918 / 0*365 / 2
=N/A

* 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Inventory Turnover for the six 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Inventory to Revenue for the six 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Inventory Related Terms

Thank you for viewing the detailed overview of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Business Description

Traded in Other Exchanges
Address
Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Headlines

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