Adecoagro (Adecoagro) Days Inventory : 202.82 (As of Sep. 2023)

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What is Adecoagro Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adecoagro's Average Total Inventories for the three months ended in Sep. 2023 was $570 Mil. Adecoagro's Cost of Goods Sold for the three months ended in Sep. 2023 was $256 Mil. Hence, Adecoagro's Days Inventory for the three months ended in Sep. 2023 was 202.82.

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

AGRO' s Days Inventory Range Over the Past 10 Years
Min: 121.17 Med: 149.12 Max: 217.27
Current: 217.27

During the past 13 years, Adecoagro's highest Days Inventory was 217.27. The lowest was 121.17. And the median was 149.12.

AGRO's Days Inventory is ranked worse than
88.47% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs AGRO: 217.27

Adecoagro's Days Inventory increased from Sep. 2022 (189.12) to Sep. 2023 (202.82). It might indicate that Adecoagro's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adecoagro's Inventory Turnover for the three months ended in Sep. 2023 was 0.45.

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. Adecoagro's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.48.

Adecoagro Days Inventory Historical Data

The historical data trend for Adecoagro'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.

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Adecoagro Days Inventory Chart

Adecoagro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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149.72

137.35

194.66

199.51

191.42

Adecoagro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															189.12	184.10	355.00	191.09	202.82

Competitive Comparison of Adecoagro's Days Inventory

For the Farm Products subindustry, Adecoagro'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.

Adecoagro's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adecoagro's Days Inventory distribution charts can be found below:

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

Adecoagro Days Inventory Calculation

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

Adecoagro's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (415.347	+	509.844)	/	2 )	/	882.099	*	365
=	462.5955					/	882.099	*	365
=	191.42

Adecoagro'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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (570.84	+	568.184)	/	2 )	/	256.232	*	365 / 4
=	569.512					/	256.232	*	365 / 4
=	202.82

Adecoagro (NYSE:AGRO) 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.

Adecoagro's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	256.232	/	569.512
	=	0.45

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.

Adecoagro's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	569.512	/	385.794
	=	1.48

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.

Adecoagro Days Inventory Related Terms

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

Adecoagro (Adecoagro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Adecoagro SA (NYSE:AGRO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ACD:Germany ADGO:Argentina

Address

6, Rue Eugene Ruppert, Vertigo Naos Building, Luxembourg, LUX, L-2453

Website

https://www.adecoagro.com

Adecoagro SA is a Luxembourg-based agricultural company. It is involved in a wide range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol, energy production, and land transformation. The company operates through three segments namely Farming, Sugar, Ethanol and Energy, and Land Transformation. The Farming segment consists of planting, harvesting, and sale of grains, oilseeds and fibers, rice, and production and sale of dairy products; the Sugar, Ethanol, and Energy segment consists of cultivating sugar cane which is processed in owned sugar mills, transformed into ethanol; and the Land Transformation segment comprises identification and acquisition of underdeveloped and undermanaged farmland.