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American Vanguard (American Vanguard) Days Inventory : 181.45 (As of Dec. 2023)


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What is American Vanguard Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). American Vanguard's Average Total Inventories for the three months ended in Dec. 2023 was $233.7 Mil. American Vanguard's Cost of Goods Sold for the three months ended in Dec. 2023 was $117.5 Mil. Hence, American Vanguard's Days Inventory for the three months ended in Dec. 2023 was 181.45.

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

AVD' s Days Inventory Range Over the Past 10 Years
Min: 148.06   Med: 205.73   Max: 310.65
Current: 202.17

During the past 13 years, American Vanguard's highest Days Inventory was 310.65. The lowest was 148.06. And the median was 205.73.

AVD's Days Inventory is ranked worse than
83.84% of 229 companies
in the Agriculture industry
Industry Median: 108.6 vs AVD: 202.17

American Vanguard's Days Inventory increased from Dec. 2022 (146.16) to Dec. 2023 (181.45). It might indicate that American Vanguard's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Vanguard's Inventory Turnover for the three months ended in Dec. 2023 was 0.50.

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. American Vanguard's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.36.


American Vanguard Days Inventory Historical Data

The historical data trend for American Vanguard'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.

American Vanguard Days Inventory Chart

American Vanguard 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 202.82 208.64 150.02 148.06 184.11

American Vanguard 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 146.16 213.08 231.81 208.13 181.45

Competitive Comparison of American Vanguard's Days Inventory

For the Agricultural Inputs subindustry, American Vanguard'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.


American Vanguard's Days Inventory Distribution in the Agriculture Industry

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

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



American Vanguard Days Inventory Calculation

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

American Vanguard'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
=( (184.19 + 219.551) / 2 ) / 400.207*365
=201.8705 / 400.207*365
=184.11

American Vanguard'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
=( (247.932 + 219.551) / 2 ) / 117.545*365 / 4
=233.7415 / 117.545*365 / 4
=181.45

* 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.


American Vanguard  (NYSE:AVD) 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.

American Vanguard'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.

American Vanguard'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.


American Vanguard Days Inventory Related Terms

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


American Vanguard (American Vanguard) Business Description

Traded in Other Exchanges
Address
4695 MacArthur Court, Newport Beach, CA, USA, 92660
American Vanguard Corp is a United States-based diversified specialty and agricultural products company. It manufactures and formulates chemicals for crops, turf and ornamental plants, and human and animal health protection. These chemicals include insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants, which are marketed in liquid, powder, and granular forms. The company generates a majority of its revenue from the sale of insecticides and herbicides.
Executives
Ulrich Trogele officer: Executive VP, COO - AMVAC 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Keith M Rosenbloom director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Eilers officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Patrick E Gottschalk director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Andrew B Naughton officer: V.P., Director of Technology 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Eric G Wintemute director, officer: Chairman & CEO 4695 MACARTHUR COURT SUITE 1200, NEWPORT BEACH CA 92660
David` T. Johnson officer: CHIEF FINANCIAL OFFICER 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92657
Timothy Donnelly officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Mark R Bassett director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Cruiser Capital Advisors, Llc director 243 TRESSER BOULEVARD, 17TH FLOOR, STAMFORD CT 06901
Marisol Angelini director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Turnbough Porpiglia officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Johann Venter officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Scott Hendrix officer: VP/Crop Sales - AMVAC 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Shayne M Wetherall other: CEO, Envance/TyraTech 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660