Rede d oro Luiz (BSP:RDOR3) Days Inventory : 6.41 (As of Mar. 2024)

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What is Rede d oro Luiz Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rede d oro Luiz's Average Total Inventories for the three months ended in Mar. 2024 was R$701 Mil. Rede d oro Luiz's Cost of Goods Sold for the three months ended in Mar. 2024 was R$9,970 Mil. Hence, Rede d oro Luiz's Days Inventory for the three months ended in Mar. 2024 was 6.41.

The historical rank and industry rank for Rede d oro Luiz's Days Inventory or its related term are showing as below:

BSP:RDOR3' s Days Inventory Range Over the Past 10 Years
Min: 6.62 Med: 13.91 Max: 15.84
Current: 6.62

During the past 6 years, Rede d oro Luiz's highest Days Inventory was 15.84. The lowest was 6.62. And the median was 13.91.

BSP:RDOR3's Days Inventory is ranked better than
86.6% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs BSP:RDOR3: 6.62

Rede d oro Luiz's Days Inventory declined from Mar. 2023 (7.26) to Mar. 2024 (6.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rede d oro Luiz's Inventory Turnover for the three months ended in Mar. 2024 was 14.23.

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. Rede d oro Luiz's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.06.

Rede d oro Luiz Days Inventory Historical Data

The historical data trend for Rede d oro Luiz'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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Rede d oro Luiz Days Inventory Chart

Rede d oro Luiz Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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11.50

15.02

15.74

15.84

7.10

Rede d oro Luiz Quarterly Data
	Jun19	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															7.26	6.77	6.52	6.81	6.41

Competitive Comparison of Rede d oro Luiz's Days Inventory

For the Medical Care Facilities subindustry, Rede d oro Luiz'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.

Rede d oro Luiz's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rede d oro Luiz's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rede d oro Luiz's Days Inventory falls into.

Rede d oro Luiz Days Inventory Calculation

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

Rede d oro Luiz'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
=	( (808.688	+	705.896)	/	2 )	/	38937.076	*	365
=	757.292					/	38937.076	*	365
=	7.10

Rede d oro Luiz'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
=	( (705.896	+	695.219)	/	2 )	/	9969.805	*	365 / 4
=	700.5575					/	9969.805	*	365 / 4
=	6.41

Rede d oro Luiz (BSP:RDOR3) 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.

Rede d oro Luiz's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9969.805	/	700.5575
	=	14.23

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.

Rede d oro Luiz's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	700.5575	/	12195.029
	=	0.06

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.

Rede d oro Luiz Days Inventory Related Terms

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

Rede d oro Luiz (BSP:RDOR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rede d or Sao Luiz SA (BSP:RDOR3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Francisco Marengo, No. 1312, Sao Paulo, SP, BRA, 03313-000

Website

https://www.rededorsaoluiz.com.br

Rede d or Sao Luiz SA is a provider of integrated healthcare services. The company offers medical and hospital care services in the areas of women healthcare, oncology, dermatology, gastroenterology, neurology, psychology, urology, reproductive medicine, and others.

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