Days Inventory is also known as Days Sales of Inventory (DSI). Green Plains's Average Total Inventories for the
three
months ended in Dec. 2023 was $212 Mil. Green Plains's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $632 Mil.
Hence, Green Plains's Days Inventory for the
three
months ended in Dec. 2023 was 30.58.
The historical rank and industry rank for Green Plains's Days Inventory or its related term are showing as below:
GPRE'
s Days Inventory Range Over the Past 10 Years
Min: 27.1 Med: 41.62 Max: 68.5
Current: 29.17
During the past 13 years, Green Plains's highest Days Inventory was 68.50. The lowest was 27.10. And the median was 41.62.
GPRE's Days Inventory is ranked better than 92.03% of 1494
companies
in the Chemicals industry
Industry Median: 83.765
vs GPRE: 29.17
Green Plains's Days Inventory
increased
from Dec. 2022 (28.06) to Dec. 2023 (30.58).
It might indicate that Green Plains's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Green Plains's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.98.
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.
Green Plains's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.30.
Green Plains Days Inventory Historical Data
The historical data trend for Green Plains'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.
Competitive Comparison of Green Plains's Days Inventory
For the Chemicals subindustry, Green Plains'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.
Green Plains's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Green Plains's Days Inventory distribution charts can be found below:
* The bar in red indicates where Green Plains's Days Inventory falls into.
Green Plains Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Green Plains's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Green Plains (NAS:GPRE) 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.
Green Plains's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Green Plains's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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.
Green Plains Days Inventory Related Terms
Thank you for viewing the detailed overview of Green Plains's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.
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