Rossi Residencial (BSP:RSID3) Inventory Turnover : 0.13 (As of Sep. 2024)

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What is Rossi Residencial 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. Rossi Residencial's Cost of Goods Sold for the three months ended in Sep. 2024 was R$22.85 Mil. Rossi Residencial's Average Total Inventories for the quarter that ended in Sep. 2024 was R$180.17 Mil. Rossi Residencial's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rossi Residencial's Days Inventory for the three months ended in Sep. 2024 was 719.50.

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. Rossi Residencial's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 5.39.

Rossi Residencial Inventory Turnover Historical Data

The historical data trend for Rossi Residencial'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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Rossi Residencial Inventory Turnover Chart

Rossi Residencial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.19

0.34

0.23

0.09

Rossi Residencial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.09	0.02	0.03	0.13	0.13

Rossi Residencial Inventory Turnover Calculation

Rossi Residencial'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 )
=	22.864	/ (	(269.219	+	221.654)	/	2 )
=	22.864	/	245.4365
=	0.09

Rossi Residencial's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	22.85	/ (	(190.249	+	170.09)	/	2 )
=	22.85	/	180.1695
=	0.13

Rossi Residencial (BSP:RSID3) 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.

Rossi Residencial's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	180.1695	/	22.85	*	365 / 4
	=	719.50

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.

Rossi Residencial's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	180.1695	/	33.402
	=	5.39

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.

Rossi Residencial Inventory Turnover Related Terms

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Rossi Residencial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Rossi Residencial SA (BSP:RSID3) » Definitions » Inventory Turnover

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Address

Rua Alexandre Dumas, 1711, 3rd Floor, Santo Amaro, Sao Paulo, SP, BRA, 04717-911

Website

http://www.rossiresidencial.com.br

Rossi Residencial SA is a real estate company. The company is engaged in the development, construction, and sale of residential and commercial properties, and land subdivision in Brazil. It is also engaged in providing civil engineering services and holds interests in Special Purpose Entities and consortia.

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