Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario 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. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Cost of Goods Sold for the six months ended in Dec. 2023 was R$0.35 Mil. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Average Total Inventories for the quarter that ended in Dec. 2023 was R$121.52 Mil. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Days Inventory for the six months ended in Dec. 2023 was 62,824.98.

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. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 11.85.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Inventory Turnover Historical Data

The historical data trend for Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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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Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Inventory Turnover Chart

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	-	-	-	-

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Inventory Turnover Calculation

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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 )
=	0.353	/ (	(0	+	121.519)	/	1 )
=	0.353	/	121.519
=	0.00

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.353	/ (	(0	+	121.519)	/	1 )
=	0.353	/	121.519
=	0.00

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) 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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Days Inventory for the six 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
	=	121.519	/	0.353	*	365 / 2
	=	62,824.98

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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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 )
	=	121.519	/	10.258
	=	11.85

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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Inventory Turnover Related Terms

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Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Chedid Jafet, 222, Bloco B, 3rd Floor - Vila Olimpia, Sao Paulo, SP, BRA, 04511-065

Website

https://www.riobravo.com.br

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario operates as a real estate investment fund. The company investment objective is to earn income from income and sale of real estate assets predominantly for residential use, located within the main urban centers with high density; close to universities, shopping centers and public transport; and high liquidity according to current consumption patterns.

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