M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Inventory Turnover : 1.28 (As of Dec. 2023)

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What is M Dias Branco Industria e Comercio de Alimentos Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. M Dias Branco Industria e Comercio de Alimentos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,876 Mil. M Dias Branco Industria e Comercio de Alimentos's Average Total Inventories for the quarter that ended in Dec. 2023 was R$1,469 Mil. M Dias Branco Industria e Comercio de Alimentos's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. M Dias Branco Industria e Comercio de Alimentos's Days Inventory for the three months ended in Dec. 2023 was 71.48.

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. M Dias Branco Industria e Comercio de Alimentos's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.53.

M Dias Branco Industria e Comercio de Alimentos Inventory Turnover Historical Data

The historical data trend for M Dias Branco Industria e Comercio de Alimentos's Inventory Turnover 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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M Dias Branco Industria e Comercio de Alimentos Inventory Turnover Chart

M Dias Branco Industria e Comercio de Alimentos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.11

5.24

5.10

4.79

4.49

M Dias Branco Industria e Comercio de Alimentos Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.90	1.03	1.10	1.28	1.01

M Dias Branco Industria e Comercio de Alimentos Inventory Turnover Calculation

M Dias Branco Industria e Comercio de Alimentos's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	7747.759	/ (	(2111.549	+	1338.35)	/	2 )
=	7747.759	/	1724.9495
=	4.49

M Dias Branco Industria e Comercio de Alimentos's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1875.753	/ (	(1600.348	+	1338.35)	/	2 )
=	1875.753	/	1469.349
=	1.28

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

M Dias Branco Industria e Comercio de Alimentos's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1469.349	/	1875.753	*	365 / 4
	=	71.48

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.

M Dias Branco Industria e Comercio de Alimentos's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1469.349	/	2770.434
	=	0.53

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

M Dias Branco Industria e Comercio de Alimentos Inventory Turnover Related Terms

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M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M Dias Branco SA Industria e Comercio de Alimentos (BSP:MDIA3) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodovia BR 116, Sem Numero Km 18, Eusebio, CE, BRA, 61760-000

Website

https://www.mdiasbranco.com.br

M Dias Branco SA Industria e Comercio de Alimentos is a Brazilian company engaged in the industrialization, sale and distribution of food products derived from wheat, mainly cookies and crackers, pasta and wheat flour/bran and the manufacture, sale and distribution of vegetable shortenings and margarines, cakes, cake mixes, packaged toast and snacks. The Company's brands in the domestic market are Adria, Aldente, Basilar, Bonsabor, Estrela, Fortaleza, Finna, Fit Food, Frontera, Isabela, Jasmine, Pelagio, Pilar, Piraque, Predilleto, Richester, Salsito, Smart, Taste and Co, Treloso, Vitarella, and Zabet; and in the foreign market: Las Acacias.

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