Grupo Mateus (BSP:GMAT3) Days Inventory : 76.53 (As of Dec. 2023)

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What is Grupo Mateus Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grupo Mateus's Average Total Inventories for the three months ended in Dec. 2023 was R$4,943 Mil. Grupo Mateus's Cost of Goods Sold for the three months ended in Dec. 2023 was R$5,894 Mil. Hence, Grupo Mateus's Days Inventory for the three months ended in Dec. 2023 was 76.53.

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

BSP:GMAT3' s Days Inventory Range Over the Past 10 Years
Min: 76.95 Med: 87.35 Max: 95.03
Current: 79.72

During the past 8 years, Grupo Mateus's highest Days Inventory was 95.03. The lowest was 76.95. And the median was 87.35.

BSP:GMAT3's Days Inventory is ranked better than
63.23% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs BSP:GMAT3: 79.72

Grupo Mateus's Days Inventory declined from Dec. 2022 (81.95) to Dec. 2023 (76.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupo Mateus's Inventory Turnover for the three months ended in Dec. 2023 was 1.19.

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. Grupo Mateus's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.

Grupo Mateus Days Inventory Historical Data

The historical data trend for Grupo Mateus'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.

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Grupo Mateus Days Inventory Chart

Grupo Mateus Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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87.35

76.95

88.10

78.81

77.92

Grupo Mateus Quarterly Data
	Dec17	Dec18	Jun19	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															81.95	82.30	82.26	80.37	76.53

Competitive Comparison of Grupo Mateus's Days Inventory

For the Department Stores subindustry, Grupo Mateus'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.

Grupo Mateus's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Grupo Mateus's Days Inventory falls into.

Grupo Mateus Days Inventory Calculation

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

Grupo Mateus'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
=	( (3938.625	+	5011.112)	/	2 )	/	20960.658	*	365
=	4474.8685					/	20960.658	*	365
=	77.92

Grupo Mateus'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
=	( (4875.752	+	5011.112)	/	2 )	/	5894.06	*	365 / 4
=	4943.432					/	5894.06	*	365 / 4
=	76.53

Grupo Mateus (BSP:GMAT3) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5894.06	/	4943.432
	=	1.19

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4943.432	/	7541.305
	=	0.66

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.

Grupo Mateus Days Inventory Related Terms

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

Grupo Mateus (BSP:GMAT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Mateus SA (BSP:GMAT3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Daniel de la Touche, 7, Cohama, Sao Luis, MA, BRA

Website

https://www.grupomateus.com.br

Grupo Mateus SA which which operate in the wholesale and retail, electro, mix, and industry segments through the subsidiary. The company has its operations in the supermarket, wholesale, appliance, furniture, bakery, slicing, and portioning. The business's product portfolio consists of maetus, mix atacarejo, camino supermercados, electro mateus among others.

Grupo Mateus (BSP:GMAT3) Headlines

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