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Origin Agritech (Origin Agritech) Days Inventory : 91.87 (As of Sep. 2023)


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What is Origin Agritech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Origin Agritech's Average Total Inventories for the six months ended in Sep. 2023 was $1.71 Mil. Origin Agritech's Cost of Goods Sold for the six months ended in Sep. 2023 was $3.39 Mil. Hence, Origin Agritech's Days Inventory for the six months ended in Sep. 2023 was 91.87.

The historical rank and industry rank for Origin Agritech's Days Inventory or its related term are showing as below:

SEED' s Days Inventory Range Over the Past 10 Years
Min: 33.34   Med: 174.57   Max: 6431.8
Current: 41.71

During the past 13 years, Origin Agritech's highest Days Inventory was 6431.80. The lowest was 33.34. And the median was 174.57.

SEED's Days Inventory is ranked better than
89.52% of 229 companies
in the Agriculture industry
Industry Median: 108.6 vs SEED: 41.71

Origin Agritech's Days Inventory declined from Sep. 2022 (145.70) to Sep. 2023 (91.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Origin Agritech's Inventory Turnover for the six months ended in Sep. 2023 was 1.99.

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. Origin Agritech's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.46.


Origin Agritech Days Inventory Historical Data

The historical data trend for Origin Agritech'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.

* Premium members only.

Origin Agritech Days Inventory Chart

Origin Agritech Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.87 152.26 92.51 33.34 36.55

Origin Agritech Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.25 17.74 145.70 23.63 91.87

Competitive Comparison of Origin Agritech's Days Inventory

For the Agricultural Inputs subindustry, Origin Agritech'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.


Origin Agritech's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Origin Agritech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Origin Agritech's Days Inventory falls into.



Origin Agritech Days Inventory Calculation

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

Origin Agritech's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.3 + 1.787) / 2 ) / 10.422*365
=1.0435 / 10.422*365
=36.55

Origin Agritech's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.628 + 1.787) / 2 ) / 3.392*365 / 2
=1.7075 / 3.392*365 / 2
=91.87

* 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.


Origin Agritech  (NAS:SEED) 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.

Origin Agritech's Inventory Turnover for the six months ended in Sep. 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.

Origin Agritech's Inventory to Revenue for the six months ended in Sep. 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.


Origin Agritech Days Inventory Related Terms

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


Origin Agritech (Origin Agritech) Business Description

Traded in Other Exchanges
Address
No. 21 Sheng Ming Yuan Road, Changping District, Beijing, CHN, 102206
Origin Agritech Ltd is a Chinese agricultural technology company. In crop seed biotechnologies, the company's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.
Executives
Jeff Feinberg 10 percent owner 20600 NORTHRIDGE ROAD, CHATSWORTH CA 91311
Steven Urbach director C/O CHARDAN CAPITAL MARKETS, LLC, 17 STATE STREET, SUITE 2575, NEW YORK NY 10004
Michael D Chermak director
Gengchen Han director, officer: Chairman of the Board and CEO 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206
Bailiang Zhang director 95 WENHUA RD., HENAN AGRICULTURAL UNIVERSITY, ZHENGZHOU F4 450002
Dafang Huang director BIOTECHNOLOGY RESEARCH INSTITUTE, 12 ZHONGGUANCUN SOUTH AVE., BEIJING F4 100081
Remo Richli director IM NEUHOF 28, EMMENBRUCKE V8 6020
Richard D Propper officer: VP for Corporate Development
Kerry Propper director CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075
Yasheng Yang director, officer: President, Treasurer, COO 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206
Liang Yuan director, officer: Executive Vice Chairman 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206