The historical rank and industry rank for Ag Growth International's Days Inventory or its related term are showing as below:
TSX:AFN'
s Days Inventory Range Over the Past 10 Years
Min: 81.88 Med: 89.72 Max: 103.32
Current: 86.59
During the past 13 years, Ag Growth International's highest Days Inventory was 103.32. The lowest was 81.88. And the median was 89.72.
TSX:AFN's Days Inventory is ranked better than 74.63% of 205
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 135.11
vs TSX:AFN: 86.59
Ag Growth International's Days Inventory
declined
from Mar. 2023 (103.61) to Mar. 2024 (97.11).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ag Growth International's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.94.
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.
Ag Growth International's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.72.
Ag Growth International Days Inventory Historical Data
* 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.
Competitive Comparison of Ag Growth International's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Ag Growth International'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.
Ag Growth International's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ag Growth International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ag Growth International's Days Inventory falls into.
Ag Growth International Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ag Growth International's Days Inventory for the fiscal year that 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.
Ag Growth International (TSX:AFN) 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.
Ag Growth International's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Ag Growth International's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Ag Growth International Days Inventory Related Terms
Thank you for viewing the detailed overview of Ag Growth International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ag Growth International (TSX:AFN) Business Description
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. It has two reportable segment farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, United Kingdom, and India. Its geographical segments are Canada, United States, and the International.
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