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AgrometalI (BUE:AGRO) Days Inventory : 106.90 (As of Jun. 2023)


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What is AgrometalI Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AgrometalI's Average Total Inventories for the three months ended in Jun. 2023 was ARS2,829 Mil. AgrometalI's Cost of Goods Sold for the three months ended in Jun. 2023 was ARS2,414 Mil. Hence, AgrometalI's Days Inventory for the three months ended in Jun. 2023 was 106.90.

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

BUE:AGRO' s Days Inventory Range Over the Past 10 Years
Min: 51.17   Med: 70.64   Max: 115.64
Current: 52.8

During the past 13 years, AgrometalI's highest Days Inventory was 115.64. The lowest was 51.17. And the median was 70.64.

BUE:AGRO's Days Inventory is ranked better than
90.24% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.89 vs BUE:AGRO: 52.80

AgrometalI's Days Inventory increased from Jun. 2022 (25.14) to Jun. 2023 (106.90). It might indicate that AgrometalI's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. AgrometalI's Inventory Turnover for the three months ended in Jun. 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. AgrometalI's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.69.


AgrometalI Days Inventory Historical Data

The historical data trend for AgrometalI'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.

AgrometalI Days Inventory Chart

AgrometalI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.68 58.78 56.55 54.48 115.64

AgrometalI Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only 62.41 15.80 341.39 106.90 -

Competitive Comparison of AgrometalI's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, AgrometalI'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.


AgrometalI's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AgrometalI's Days Inventory distribution charts can be found below:

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



AgrometalI Days Inventory Calculation

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

AgrometalI'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
=( (5885.598 + 4084.703) / 2 ) / 15735.403*365
=4985.1505 / 15735.403*365
=115.64

AgrometalI's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (2762.997 + 2894.354) / 2 ) / 2414.459*365 / 4
=2828.6755 / 2414.459*365 / 4
=106.90

* 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.


AgrometalI  (BUE: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.

AgrometalI's Inventory Turnover for the three months ended in Jun. 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.

AgrometalI's Inventory to Revenue for the three months ended in Jun. 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.


AgrometalI Days Inventory Related Terms

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


AgrometalI (BUE:AGRO) Business Description

Traded in Other Exchanges
N/A
Address
Misiones 1974, Monte Maiz, Cordoba, ARG, COR X2659BIN
Agrometal SAI is engaged in the manufacturing and distribution of agricultural machinery for precision sowing. It offers ADX Air Drill fine and coarse grain seeders; APX seed drills; TX MEGA and MINI MEGA coarse grain sowing machines; MXY II and MSX grain, coarse, and pastures seed harvesters; TX PIVOT II precision transportable precision grain seed drills; and MXW and XZ fine grain and pasture seeders, as well as hydraulic actuators.