Lojas Renner (BSP:LREN3) Days Inventory : 100.82 (As of Dec. 2023)

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What is Lojas Renner Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lojas Renner's Average Total Inventories for the three months ended in Dec. 2023 was R$1,877 Mil. Lojas Renner's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,699 Mil. Hence, Lojas Renner's Days Inventory for the three months ended in Dec. 2023 was 100.82.

The historical rank and industry rank for Lojas Renner's Days Inventory or its related term are showing as below:

BSP:LREN3' s Days Inventory Range Over the Past 10 Years
Min: 89.59 Med: 110.37 Max: 140.62
Current: 130.11

During the past 13 years, Lojas Renner's highest Days Inventory was 140.62. The lowest was 89.59. And the median was 110.37.

BSP:LREN3's Days Inventory is ranked worse than
57.32% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs BSP:LREN3: 130.11

Lojas Renner's Days Inventory declined from Dec. 2022 (109.21) to Dec. 2023 (100.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lojas Renner's Inventory Turnover for the three months ended in Dec. 2023 was 0.91.

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. Lojas Renner's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.

Lojas Renner Days Inventory Historical Data

The historical data trend for Lojas Renner's Days Inventory 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.

Lojas Renner Days Inventory Chart

Lojas Renner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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108.67

140.62

122.48

117.88

121.04

Lojas Renner Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															109.21	170.15	132.82	142.34	100.82

Competitive Comparison of Lojas Renner's Days Inventory

For the Department Stores subindustry, Lojas Renner's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Lojas Renner's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Renner's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lojas Renner's Days Inventory falls into.

Lojas Renner Days Inventory Calculation

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

Lojas Renner's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1825.431	+	1774.209)	/	2 )	/	5427.247	*	365
=	1799.82					/	5427.247	*	365
=	121.04

Lojas Renner's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1979.654	+	1774.209)	/	2 )	/	1698.708	*	365 / 4
=	1876.9315					/	1698.708	*	365 / 4
=	100.82

Lojas Renner (BSP:LREN3) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Lojas Renner's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1698.708	/	1876.9315
	=	0.91

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.

Lojas Renner's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1876.9315	/	4271.378
	=	0.44

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Lojas Renner Days Inventory Related Terms

Thank you for viewing the detailed overview of Lojas Renner's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Lojas Renner (BSP:LREN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Renner SA (BSP:LREN3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LRENY:USA

Address

Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400

Website

https://www.lojasrenner.com.br

Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. Camicado sells houseware and home decor products, including appliances, towels and linen, and kitchen products. Lojas retail segment provides the vast majority of the company's revenue. The company also has a financial products segment that offers credit cards to its customers. Nearly all of the company's stores and sales are in Brazil.

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