GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Intrepid Potash Inc (FRA:58I1) » Definitions » Days Inventory

Intrepid Potash (FRA:58I1) Days Inventory : 197.23 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Intrepid Potash Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intrepid Potash's Average Total Inventories for the three months ended in Dec. 2023 was €103.2 Mil. Intrepid Potash's Cost of Goods Sold for the three months ended in Dec. 2023 was €47.7 Mil. Hence, Intrepid Potash's Days Inventory for the three months ended in Dec. 2023 was 197.23.

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

FRA:58I1' s Days Inventory Range Over the Past 10 Years
Min: 93.68   Med: 174.95   Max: 195.09
Current: 165.32

During the past 13 years, Intrepid Potash's highest Days Inventory was 195.09. The lowest was 93.68. And the median was 174.95.

FRA:58I1's Days Inventory is ranked worse than
71.62% of 229 companies
in the Agriculture industry
Industry Median: 108.6 vs FRA:58I1: 165.32

Intrepid Potash's Days Inventory declined from Dec. 2022 (243.00) to Dec. 2023 (197.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Intrepid Potash's Inventory Turnover for the three months ended in Dec. 2023 was 0.46.

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. Intrepid Potash's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.99.


Intrepid Potash Days Inventory Historical Data

The historical data trend for Intrepid Potash'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.

Intrepid Potash Days Inventory Chart

Intrepid Potash 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 180.18 187.80 137.12 175.60 175.13

Intrepid Potash Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only 243.00 144.32 147.62 178.17 197.23

Competitive Comparison of Intrepid Potash's Days Inventory

For the Agricultural Inputs subindustry, Intrepid Potash'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.


Intrepid Potash's Days Inventory Distribution in the Agriculture Industry

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

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



Intrepid Potash Days Inventory Calculation

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

Intrepid Potash'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
=( (108.386 + 104.769) / 2 ) / 222.131*365
=106.5775 / 222.131*365
=175.13

Intrepid Potash'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
=( (101.533 + 104.769) / 2 ) / 47.723*365 / 4
=103.151 / 47.723*365 / 4
=197.23

* 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.


Intrepid Potash  (FRA:58I1) 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.

Intrepid Potash'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.

Intrepid Potash'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.


Intrepid Potash Days Inventory Related Terms

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


Intrepid Potash (FRA:58I1) Business Description

Traded in Other Exchanges
Address
707 17th Street, Suite 4200, Denver, CO, USA, 80202
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.

Intrepid Potash (FRA:58I1) Headlines

No Headlines