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Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Total Inventories : R$52.33 Mil (As of Dec. 2023)


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What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Total Inventories?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's total inventories for the quarter that ended in Dec. 2023 was R$52.33 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was R$49.92 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$42.65.

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

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 quarter that 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 quarter that ended in Dec. 2023 was 0.59.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Total Inventories Historical Data

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Total Inventories 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 Total Inventories Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Total Inventories
21.32 47.51 52.33

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Total Inventories 21.32 47.51 52.33

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(161.138+0.75 * 32.777+0.5 * 52.329-23.084
-0-0)/4.42683
=42.65

2. 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 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
=49.918/0*365 / 2
=

3. 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 quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 49.918
=0.00

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=49.918 / 84.542
=0.59

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Total Inventories Related Terms

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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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