Localiza Rent A Car (Localiza Rent A Car) Total Inventories : $0 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Localiza Rent A Car Total Inventories?

Localiza Rent A Car's total inventories for the quarter that ended in Mar. 2024 was $0 Mil. Localiza Rent A Car's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Localiza Rent A Car's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-7.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Localiza Rent A Car's Days Inventory for the three months ended in Mar. 2024 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Localiza Rent A Car's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Localiza Rent A Car Total Inventories Historical Data

The historical data trend for Localiza Rent A Car's Total Inventories 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.

Localiza Rent A Car Total Inventories Chart

Localiza Rent A Car Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

Localiza Rent A Car Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Localiza Rent A Car Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Localiza Rent A Car (OTCPK:LZRFY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Localiza Rent A Car's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2105.446	+	0.75 * 753.002	+	0.5 * 0	-	10823.688
-	0	-	1.727)	/	1061.39
=	-7.68

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

Localiza Rent A Car'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
	=	0	/	1029.881	*	365 / 4
	=	0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Localiza Rent A Car's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1029.881	/	0
	=	N/A

4. 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.

Localiza Rent A Car'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 )
	=	0	/	1744.327
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Localiza Rent A Car Total Inventories Related Terms

Thank you for viewing the detailed overview of Localiza Rent A Car's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Localiza Rent A Car (Localiza Rent A Car) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (OTCPK:LZRFY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

RENT3:Brazil

Address

Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900

Website

https://www.localiza.com

Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (Localiza Rent A Car) Headlines

From GuruFocus

Localiza Rent a Car SA to Webcast, Live, at VirtualInvestorConferences.com April 11

By PRNewswire PRNewswire • 04-09-2018

Assessing the Dividend Sustainability of Localiza Rent A Car SA (LZRFY)

By GuruFocus Research • 10-04-2023

Localiza Rent A Car SA's Dividend Analysis

By GuruFocus Research • 12-29-2023

Localiza Rent a Car SA Presentation Now Available for On-Demand Viewing

By PRNewswire PRNewswire • 04-16-2018

Localiza Rent A Car SA's Dividend Analysis

By GuruFocus Research • 10-26-2023