GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Correa Ribeiro SA Comercio e Industria (BSP:CORR3) » Definitions » Inventory-to-Revenue

Correa Ribeiro Comercio e Industria (BSP:CORR3) Inventory-to-Revenue : 0.37 (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Correa Ribeiro Comercio e Industria Inventory-to-Revenue?

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. Correa Ribeiro Comercio e Industria's Average Total Inventories for the quarter that ended in Sep. 2023 was R$0.03 Mil. Correa Ribeiro Comercio e Industria's Revenue for the three months ended in Sep. 2023 was R$0.08 Mil. Correa Ribeiro Comercio e Industria's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.37.

Correa Ribeiro Comercio e Industria's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Jun. 2023 (10.18) to Jun. 2023 (0.37)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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. Correa Ribeiro Comercio e Industria's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.


Correa Ribeiro Comercio e Industria Inventory-to-Revenue Historical Data

The historical data trend for Correa Ribeiro Comercio e Industria's Inventory-to-Revenue 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.

Correa Ribeiro Comercio e Industria Inventory-to-Revenue Chart

Correa Ribeiro Comercio e Industria Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 2.25 0.12 0.11 0.75

Correa Ribeiro Comercio e Industria Quarterly Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 20.73 - 10.18 0.37

Competitive Comparison of Correa Ribeiro Comercio e Industria's Inventory-to-Revenue

For the Real Estate Services subindustry, Correa Ribeiro Comercio e Industria's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Correa Ribeiro Comercio e Industria's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Correa Ribeiro Comercio e Industria's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Correa Ribeiro Comercio e Industria's Inventory-to-Revenue falls into.


;
;

Correa Ribeiro Comercio e Industria Inventory-to-Revenue Calculation

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.

Correa Ribeiro Comercio e Industria's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (0 + 1.7) / 1 ) / 2.26
=1.7 / 2.26
=0.75

Correa Ribeiro Comercio e Industria's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (0.031 + 0) / 1 ) / 0.083
=0.031 / 0.083
=0.37

* 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.


Correa Ribeiro Comercio e Industria  (BSP:CORR3) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Correa Ribeiro Comercio e Industria's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.031/0*365 / 4
=

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Correa Ribeiro Comercio e Industria's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0 / 0.031
=0.00

* 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.


Correa Ribeiro Comercio e Industria Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Correa Ribeiro Comercio e Industria's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Correa Ribeiro Comercio e Industria Business Description

Traded in Other Exchanges
N/A
Address
Av Centenario 2411, Sala 1105, Salvador, BA, BRA, 40155151
Website
Correa Ribeiro SA Comercio e Industria, together with its subsidiaries, engages in the administration, sale and leasing of residential properties.

Correa Ribeiro Comercio e Industria Headlines

No Headlines