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Tres Tentos Agroindustrial (BSP:TTEN3) Days Inventory : 64.45 (As of Mar. 2024)


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What is Tres Tentos Agroindustrial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tres Tentos Agroindustrial's Average Total Inventories for the three months ended in Mar. 2024 was R$1,539 Mil. Tres Tentos Agroindustrial's Cost of Goods Sold for the three months ended in Mar. 2024 was R$2,178 Mil. Hence, Tres Tentos Agroindustrial's Days Inventory for the three months ended in Mar. 2024 was 64.45.

The historical rank and industry rank for Tres Tentos Agroindustrial's Days Inventory or its related term are showing as below:

BSP:TTEN3' s Days Inventory Range Over the Past 10 Years
Min: 77.31   Med: 94.05   Max: 108.83
Current: 78.15

During the past 4 years, Tres Tentos Agroindustrial's highest Days Inventory was 108.83. The lowest was 77.31. And the median was 94.05.

BSP:TTEN3's Days Inventory is ranked better than
68.12% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs BSP:TTEN3: 78.15

Tres Tentos Agroindustrial's Days Inventory declined from Mar. 2023 (110.11) to Mar. 2024 (64.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tres Tentos Agroindustrial's Inventory Turnover for the three months ended in Mar. 2024 was 1.42.

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. Tres Tentos Agroindustrial's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.57.


Tres Tentos Agroindustrial Days Inventory Historical Data

The historical data trend for Tres Tentos Agroindustrial'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.

Tres Tentos Agroindustrial Days Inventory Chart

Tres Tentos Agroindustrial Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
108.83 85.04 103.05 77.31

Tres Tentos Agroindustrial Quarterly Data
Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 110.11 119.08 91.95 55.31 64.45

Competitive Comparison of Tres Tentos Agroindustrial's Days Inventory

For the Agricultural Inputs subindustry, Tres Tentos Agroindustrial'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.


Tres Tentos Agroindustrial's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Tres Tentos Agroindustrial's Days Inventory falls into.



Tres Tentos Agroindustrial Days Inventory Calculation

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

Tres Tentos Agroindustrial'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
=( (1916.488 + 1367.658) / 2 ) / 7752.979*365
=1642.073 / 7752.979*365
=77.31

Tres Tentos Agroindustrial's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1367.658 + 1709.745) / 2 ) / 2178.441*365 / 4
=1538.7015 / 2178.441*365 / 4
=64.45

* 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.


Tres Tentos Agroindustrial  (BSP:TTEN3) 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.

Tres Tentos Agroindustrial's Inventory Turnover for the three months ended in Mar. 2024 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.

Tres Tentos Agroindustrial's Inventory to Revenue for the three months ended in Mar. 2024 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.


Tres Tentos Agroindustrial Days Inventory Related Terms

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


Tres Tentos Agroindustrial (BSP:TTEN3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Principal, 187, P.O. Box 41, Distrito Industrial, Santa Barbara do Sul, RS, BRA, 98240-000
Tres Tentos Agroindustrial SA is an agricultural company that offers vertically oriented and integrated solutions to farmers and a wide range of retail products in the agricultural input, grain, and industrial segments. The company also offers farmers' training, consulting, and technical services. the reporting segments of the Company are; Agricultural inputs include the marketing of fertilizers, plant-protection products, foliar fertilizers, and soybean, corn, and wheat seeds, Grains include operations involving the physical receipt, standardization, and trading of grain acquired from third parties, and Industry include operations involving the processing of soybean to produce meal and biodiesel.

Tres Tentos Agroindustrial (BSP:TTEN3) Headlines

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