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AgroFresh Solutions (AgroFresh Solutions) Days Inventory : 137.32 (As of Dec. 2022)


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What is AgroFresh Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AgroFresh Solutions's Average Total Inventories for the three months ended in Dec. 2022 was $25.1 Mil. AgroFresh Solutions's Cost of Goods Sold for the three months ended in Dec. 2022 was $16.7 Mil. Hence, AgroFresh Solutions's Days Inventory for the three months ended in Dec. 2022 was 137.32.

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

AGFS' s Days Inventory Range Over the Past 10 Years
Min: 145.16   Med: 186.81   Max: 221.18
Current: 162.92

During the past 10 years, AgroFresh Solutions's highest Days Inventory was 221.18. The lowest was 145.16. And the median was 186.81.

AGFS's Days Inventory is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 82.23 vs AGFS: 162.92

AgroFresh Solutions's Days Inventory increased from Dec. 2021 (113.67) to Dec. 2022 (137.32). It might indicate that AgroFresh Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AgroFresh Solutions's Inventory Turnover for the three months ended in Dec. 2022 was 0.66.

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. AgroFresh Solutions's Inventory-to-Revenue for the three months ended in Dec. 2022 was 0.52.


AgroFresh Solutions Days Inventory Historical Data

The historical data trend for AgroFresh Solutions'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.

AgroFresh Solutions Days Inventory Chart

AgroFresh Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.93 192.14 204.04 165.36 154.38

AgroFresh Solutions Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 113.67 161.24 242.07 151.68 137.32

Competitive Comparison of AgroFresh Solutions's Days Inventory

For the Farm Products subindustry, AgroFresh Solutions'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.


AgroFresh Solutions's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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



AgroFresh Solutions Days Inventory Calculation

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

AgroFresh Solutions'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
=( (19.78 + 25.428) / 2 ) / 53.441*365
=22.604 / 53.441*365
=154.38

AgroFresh Solutions's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (24.757 + 25.428) / 2 ) / 16.674*365 / 4
=25.0925 / 16.674*365 / 4
=137.32

* 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.


AgroFresh Solutions  (NAS:AGFS) 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.

AgroFresh Solutions's Inventory Turnover for the three months ended in Dec. 2022 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.

AgroFresh Solutions's Inventory to Revenue for the three months ended in Dec. 2022 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.


AgroFresh Solutions Days Inventory Related Terms

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


AgroFresh Solutions (AgroFresh Solutions) Business Description

Traded in Other Exchanges
N/A
Address
510-530 Walnut Street, Suite 1350, One Washington Square, Philadelphia, PA, USA, 19106
AgroFresh Solutions Inc creates agricultural technologies that preserve the quality and value of fresh produce and flowers. One such product is SmartFresh, which blocks the effects of ethylene and delays ripening while leaving no visible residue. Geographically, it operates in North America, Latin America, EMEA, and Asia-Pacific. The majority of sales are recognized in the EMEA region. The firm provides its solutions to growers, packers, and retailers. Its operating segment includes AgroFresh Core and Tecnidex. The company generates maximum revenue from AgroFresh Core segment.
Executives
David Mcinerney director 510-530 WALNUT STREET, SUITE 1350, PHILADELPHIA PA 19106
Peter Sykes director ONE WASHINGTON SQUARE, 510-530 WALNUT STREET, SUITE 1350, PHILADELPHIA PA 19106
Lewis Clinton A. Jr. director, officer: CEO C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940
John Atkin director 510-530 WALNUT STREET, SUITE 1350, PHILADELPHIA PA 19106
Graham G Miao officer: Chief Financial Officer C/O PERNIX THERAPEUTICS HOLDINGS, INC., 10 NORTH PARK PLACE, SUITE 201, MORRISTOWN NJ 07960
Kay Kuenker director C/O AGROFRESH SOLUTIONS, INC., 510-530 WALNUT ST., SUITE 1350, PHILADELPHIA PA 19106
Dow Inc. 10 percent owner 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Berweger director 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10017
Paine Schwartz Partners, Llc director, 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Paine Schwartz Food Chain Fund V Gp, Ltd. 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Alexander Corbacho director 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10017
Kevin Schwartz 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Psp Agfs Holdings, L.p. 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Paine Schwartz Food Chain Fund V Gp, L.p. 10 percent owner 475 FIFTH AVENUE, 17TH FLOOR, NEW YORK CITY NY 10017
Paine W Dexter Iii 10 percent owner 950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404

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