MRS Logistica (BSP:MRSA3B) Inventory Turnover : 2.89 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is MRS Logistica 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. MRS Logistica's Cost of Goods Sold for the three months ended in Mar. 2024 was R$837 Mil. MRS Logistica's Average Total Inventories for the quarter that ended in Mar. 2024 was R$290 Mil. MRS Logistica's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MRS Logistica's Days Inventory for the three months ended in Mar. 2024 was 31.60.

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. MRS Logistica's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

MRS Logistica Inventory Turnover Historical Data

The historical data trend for MRS Logistica'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.

* Premium members only.

MRS Logistica Inventory Turnover Chart

MRS Logistica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

20.95

20.00

17.37

16.40

13.74

MRS Logistica 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															3.18	2.98	3.11	3.77	2.89

MRS Logistica Inventory Turnover Calculation

MRS Logistica'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 )
=	3456.893	/ (	(220.958	+	282.163)	/	2 )
=	3456.893	/	251.5605
=	13.74

MRS Logistica's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	837.186	/ (	(282.163	+	297.696)	/	2 )
=	837.186	/	289.9295
=	2.89

MRS Logistica (BSP:MRSA3B) 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.

MRS Logistica's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	289.9295	/	837.186	*	365 / 4
	=	31.60

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.

MRS Logistica's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	289.9295	/	1643.868
	=	0.18

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.

MRS Logistica Inventory Turnover Related Terms

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

MRS Logistica (BSP:MRSA3B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MRS Logistica SA (BSP:MRSA3B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MRSA6B:Brazil MRSA5B:Brazil

Address

Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906

Website

http://www.mrs.com.br

MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

MRS Logistica (BSP:MRSA3B) Headlines

No Headlines