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Agrogalaxy Participacoes (BSP:AGXY3) Days Inventory : 53.57 (As of Dec. 2023)


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What is Agrogalaxy Participacoes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Agrogalaxy Participacoes's Average Total Inventories for the three months ended in Dec. 2023 was R$1,273 Mil. Agrogalaxy Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$2,169 Mil. Hence, Agrogalaxy Participacoes's Days Inventory for the three months ended in Dec. 2023 was 53.57.

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

BSP:AGXY3' s Days Inventory Range Over the Past 10 Years
Min: 30.11   Med: 83.36   Max: 380.99
Current: 70.9

During the past 8 years, Agrogalaxy Participacoes's highest Days Inventory was 380.99. The lowest was 30.11. And the median was 83.36.

BSP:AGXY3's Days Inventory is ranked better than
72.49% of 229 companies
in the Agriculture industry
Industry Median: 108.6 vs BSP:AGXY3: 70.90

Agrogalaxy Participacoes's Days Inventory declined from Dec. 2022 (65.22) to Dec. 2023 (53.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Agrogalaxy Participacoes's Inventory Turnover for the three months ended in Dec. 2023 was 1.70.

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. Agrogalaxy Participacoes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.53.


Agrogalaxy Participacoes Days Inventory Historical Data

The historical data trend for Agrogalaxy Participacoes'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.

Agrogalaxy Participacoes Days Inventory Chart

Agrogalaxy Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 30.11 86.79 79.93 60.00 54.95

Agrogalaxy Participacoes Quarterly Data
Dec16 Dec17 Dec18 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 65.22 73.10 96.67 79.80 53.57

Competitive Comparison of Agrogalaxy Participacoes's Days Inventory

For the Agricultural Inputs subindustry, Agrogalaxy Participacoes'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.


Agrogalaxy Participacoes's Days Inventory Distribution in the Agriculture Industry

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

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



Agrogalaxy Participacoes Days Inventory Calculation

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

Agrogalaxy Participacoes'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
=( (1698.512 + 839.835) / 2 ) / 8430.991*365
=1269.1735 / 8430.991*365
=54.95

Agrogalaxy Participacoes'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
=( (1706.351 + 839.835) / 2 ) / 2168.519*365 / 4
=1273.093 / 2168.519*365 / 4
=53.57

* 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.


Agrogalaxy Participacoes  (BSP:AGXY3) 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.

Agrogalaxy Participacoes'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.

Agrogalaxy Participacoes'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.


Agrogalaxy Participacoes Days Inventory Related Terms

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


Agrogalaxy Participacoes (BSP:AGXY3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Cidade Jardim, No. 803, 6th Floor, Conjunto 62, Room 3B, Sao Paulo, SP, BRA, CEP 01453-000
Agrogalaxy Participacoes SA operates as an investment fund with a focus on the agribusiness value chain in Brazil and South America.

Agrogalaxy Participacoes (BSP:AGXY3) Headlines

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