Even Construtora Eorporadora (BSP:EVEN3) Inventory Turnover : 0.14 (As of Dec. 2024)

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What is Even Construtora Eorporadora Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Even Construtora Eorporadora's Cost of Goods Sold for the three months ended in Dec. 2024 was R$331 Mil. Even Construtora Eorporadora's Average Total Inventories for the quarter that ended in Dec. 2024 was R$2,408 Mil. Even Construtora Eorporadora's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Even Construtora Eorporadora's Days Inventory for the three months ended in Dec. 2024 was 663.24.

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. Even Construtora Eorporadora's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 5.35.

Even Construtora Eorporadora Inventory Turnover Historical Data

The historical data trend for Even Construtora Eorporadora's Inventory Turnover 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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Even Construtora Eorporadora Inventory Turnover Chart

Even Construtora Eorporadora Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.66

0.85

0.69

0.47

0.59

Even Construtora Eorporadora Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.15	0.17	0.27	0.09	0.14

Even Construtora Eorporadora Inventory Turnover Calculation

Even Construtora Eorporadora's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	1579.582	/ (	(2853.301	+	2508.75)	/	2 )
=	1579.582	/	2681.0255
=	0.59

Even Construtora Eorporadora's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	331.352	/ (	(2308.071	+	2508.75)	/	2 )
=	331.352	/	2408.4105
=	0.14

Even Construtora Eorporadora (BSP:EVEN3) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Even Construtora Eorporadora's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	2408.4105	/	331.352	*	365 / 4
	=	663.24

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.

Even Construtora Eorporadora's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	2408.4105	/	450.315
	=	5.35

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Even Construtora Eorporadora Inventory Turnover Related Terms

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Even Construtora Eorporadora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Even Construtora E Incorporadora SA (BSP:EVEN3) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000

Website

http://www.even.com.br

Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.

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