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Yara International ASA (Yara International ASA) Days Inventory

: 107.90 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Yara International ASA's Average Total Inventories for the three months ended in Dec. 2023 was $2,926 Mil. Yara International ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,474 Mil. Hence, Yara International ASA's Days Inventory for the three months ended in Dec. 2023 was 107.90.

The historical rank and industry rank for Yara International ASA's Days Inventory or its related term are showing as below:

YRAIF' s Days Inventory Range Over the Past 10 Years
Min: 83.2   Med: 92.11   Max: 107.83
Current: 104.16

During the past 13 years, Yara International ASA's highest Days Inventory was 107.83. The lowest was 83.20. And the median was 92.11.

YRAIF's Days Inventory is ranked better than
51.09% of 229 companies
in the Agriculture industry
Industry Median: 108.6 vs YRAIF: 104.16

Yara International ASA's Days Inventory increased from Dec. 2022 (105.24) to Dec. 2023 (107.90). It might indicate that Yara International ASA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yara International ASA's Inventory Turnover for the three months ended in Dec. 2023 was 0.85.

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. Yara International ASA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.83.


Yara International ASA Days Inventory Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.33 102.86 92.70 88.01 112.00

Yara International ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 105.24 116.83 102.43 91.59 107.90

Competitive Comparison

For the Agricultural Inputs subindustry, Yara International ASA'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.


Yara International ASA Days Inventory Distribution

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

* The bar in red indicates where Yara International ASA's Days Inventory falls into.



Yara International ASA Days Inventory Calculation

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

Yara International ASA's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4365 + 3058) / 2 ) / 12095*365
=3711.5 / 12095*365
=112.00

Yara International ASA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2793 + 3058) / 2 ) / 2474*365 / 4
=2925.5 / 2474*365 / 4
=107.90

* 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.


Yara International ASA  (OTCPK:YRAIF) 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.

Yara International ASA'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.

Yara International ASA'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.


Yara International ASA Days Inventory Related Terms

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


Yara International ASA (Yara International ASA) Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

Yara International ASA (Yara International ASA) Headlines

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