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GPS Participacoes E Empreendimentos (BSP:GGPS3) Days Inventory : 0.45 (As of Dec. 2023)


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What is GPS Participacoes E Empreendimentos Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GPS Participacoes E Empreendimentos's Average Total Inventories for the three months ended in Dec. 2023 was R$12 Mil. GPS Participacoes E Empreendimentos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$2,358 Mil. Hence, GPS Participacoes E Empreendimentos's Days Inventory for the three months ended in Dec. 2023 was 0.45.

The historical rank and industry rank for GPS Participacoes E Empreendimentos's Days Inventory or its related term are showing as below:

BSP:GGPS3' s Days Inventory Range Over the Past 10 Years
Min: 0.37   Med: 0.46   Max: 0.5
Current: 0.49

During the past 6 years, GPS Participacoes E Empreendimentos's highest Days Inventory was 0.50. The lowest was 0.37. And the median was 0.46.

BSP:GGPS3's Days Inventory is ranked better than
93.53% of 680 companies
in the Business Services industry
Industry Median: 29.67 vs BSP:GGPS3: 0.49

GPS Participacoes E Empreendimentos's Days Inventory declined from Dec. 2022 (0.54) to Dec. 2023 (0.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. GPS Participacoes E Empreendimentos's Inventory Turnover for the three months ended in Dec. 2023 was 202.80.

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. GPS Participacoes E Empreendimentos's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


GPS Participacoes E Empreendimentos Days Inventory Historical Data

The historical data trend for GPS Participacoes E Empreendimentos'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.

GPS Participacoes E Empreendimentos Days Inventory Chart

GPS Participacoes E Empreendimentos Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.37 0.47 0.45 0.45 0.50

GPS Participacoes E Empreendimentos Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 0.54 0.51 0.50 0.48 0.45

Competitive Comparison of GPS Participacoes E Empreendimentos's Days Inventory

For the Specialty Business Services subindustry, GPS Participacoes E Empreendimentos'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.


GPS Participacoes E Empreendimentos's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPS Participacoes E Empreendimentos's Days Inventory distribution charts can be found below:

* The bar in red indicates where GPS Participacoes E Empreendimentos's Days Inventory falls into.



GPS Participacoes E Empreendimentos Days Inventory Calculation

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

GPS Participacoes E Empreendimentos'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
=( (12.047 + 12.253) / 2 ) / 8793.786*365
=12.15 / 8793.786*365
=0.50

GPS Participacoes E Empreendimentos'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
=( (10.998 + 12.253) / 2 ) / 2357.607*365 / 4
=11.6255 / 2357.607*365 / 4
=0.45

* 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.


GPS Participacoes E Empreendimentos  (BSP:GGPS3) 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.

GPS Participacoes E Empreendimentos's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

GPS Participacoes E Empreendimentos's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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

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.


GPS Participacoes E Empreendimentos Days Inventory Related Terms

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


GPS Participacoes E Empreendimentos (BSP:GGPS3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Miguel Frias e Vasconcelos, 1215, Jaguare, Sao Paulo, SP, BRA
GPS Participacoes E Empreendimentos SA is engaged in the provision of property security services, sanitation and cleaning services, indoor logistics services, electronic security services, implementation, operation and building maintenance, maritime hotel services on oil platforms, kitchen services and meal sales, highway maintenance services, and participation in companies through the acquisition of shares or capital quotas.

GPS Participacoes E Empreendimentos (BSP:GGPS3) Headlines

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