Lojas Quero-Quero (BSP:LJQQ3) Days Inventory : 114.09 (As of Mar. 2024)

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What is Lojas Quero-Quero Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lojas Quero-Quero's Average Total Inventories for the three months ended in Mar. 2024 was R$477 Mil. Lojas Quero-Quero's Cost of Goods Sold for the three months ended in Mar. 2024 was R$382 Mil. Hence, Lojas Quero-Quero's Days Inventory for the three months ended in Mar. 2024 was 114.09.

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

BSP:LJQQ3' s Days Inventory Range Over the Past 10 Years
Min: 96.79 Med: 109.74 Max: 114.37
Current: 111.65

During the past 7 years, Lojas Quero-Quero's highest Days Inventory was 114.37. The lowest was 96.79. And the median was 109.74.

BSP:LJQQ3's Days Inventory is ranked worse than
50.37% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs BSP:LJQQ3: 111.65

Lojas Quero-Quero's Days Inventory declined from Mar. 2023 (115.76) to Mar. 2024 (114.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lojas Quero-Quero's Inventory Turnover for the three months ended in Mar. 2024 was 0.80.

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. Lojas Quero-Quero's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.

Lojas Quero-Quero Days Inventory Historical Data

The historical data trend for Lojas Quero-Quero'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 Quero-Quero Days Inventory Chart

Lojas Quero-Quero Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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99.80

104.21

114.37

109.82

109.74

Lojas Quero-Quero Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															115.76	118.91	112.10	104.16	114.09

Competitive Comparison of Lojas Quero-Quero's Days Inventory

For the Specialty Retail subindustry, Lojas Quero-Quero'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 Quero-Quero's Days Inventory Distribution in the Retail - Cyclical Industry

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

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

Lojas Quero-Quero Days Inventory Calculation

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

Lojas Quero-Quero'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
=	( (470.817	+	474.515)	/	2 )	/	1572.115	*	365
=	472.666					/	1572.115	*	365
=	109.74

Lojas Quero-Quero's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (474.515	+	480.443)	/	2 )	/	381.89	*	365 / 4
=	477.479					/	381.89	*	365 / 4
=	114.09

Lojas Quero-Quero (BSP:LJQQ3) 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 Quero-Quero's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	381.89	/	477.479
	=	0.80

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 Quero-Quero's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	477.479	/	588.33
	=	0.81

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 Quero-Quero Days Inventory Related Terms

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

Lojas Quero-Quero (BSP:LJQQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Quero-Quero SA (BSP:LJQQ3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida General Flores da Cunha, 1943, Vila Cachoeirinha, Cachoeirinha, RS, BRA, 94910-003

Website

https://www.queroquero.com.br

Lojas Quero-Quero SA is engaged providing integrated solutions to customers, with a comprehensive portfolio of construction materials, home appliances and furniture, in order to meet their needs in the household goods and construction segment. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul and Sao Paulo, in addition to three distribution centers. The company has one operating segment with consists of revenues obtained from retail activities, financial services and credit cards on a segregated basis.

Lojas Quero-Quero (BSP:LJQQ3) Headlines

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