Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Inventory Turnover : 3.24 (As of Dec. 2023)

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What is Qualicorp Consultoria E Corretora De Seguros 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. Qualicorp Consultoria E Corretora De Seguros's Cost of Goods Sold for the three months ended in Dec. 2023 was R$96 Mil. Qualicorp Consultoria E Corretora De Seguros's Average Total Inventories for the quarter that ended in Dec. 2023 was R$30 Mil. Qualicorp Consultoria E Corretora De Seguros's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qualicorp Consultoria E Corretora De Seguros's Days Inventory for the three months ended in Dec. 2023 was 28.12.

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. Qualicorp Consultoria E Corretora De Seguros's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Qualicorp Consultoria E Corretora De Seguros Inventory Turnover Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros'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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Qualicorp Consultoria E Corretora De Seguros Inventory Turnover Chart

Qualicorp Consultoria E Corretora De Seguros Annual Data

Trend

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Inventory Turnover

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Qualicorp Consultoria E Corretora De Seguros Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	2.97	3.24

Qualicorp Consultoria E Corretora De Seguros Inventory Turnover Calculation

Qualicorp Consultoria E Corretora De Seguros's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	368.963	/ (	(0	+	0)	/	1 )
=	368.963	/	0
=	N/A

Qualicorp Consultoria E Corretora De Seguros's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	96.447	/ (	(29.722	+	0)	/	1 )
=	96.447	/	29.722
=	3.24

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) 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.

Qualicorp Consultoria E Corretora De Seguros's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	29.722	/	96.447	*	365 / 4
	=	28.12

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.

Qualicorp Consultoria E Corretora De Seguros's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	29.722	/	414.42
	=	0.07

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.

Qualicorp Consultoria E Corretora De Seguros Inventory Turnover Related Terms

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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Qualicorp Consultoria E Corretora De Seguros SA (BSP:QUAL3) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020

Website

https://www.qualicorp.com.br

Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

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