The historical rank and industry rank for Ceres Global Ag's Days Inventory or its related term are showing as below:
TSX:CRP'
s Days Inventory Range Over the Past 10 Years
Min: 21.93 Med: 57.58 Max: 264.84
Current: 41.52
During the past 13 years, Ceres Global Ag's highest Days Inventory was 264.84. The lowest was 21.93. And the median was 57.58.
TSX:CRP's Days Inventory is ranked worse than 55.45% of 303
companies
in the Retail - Defensive industry
Industry Median: 36.41
vs TSX:CRP: 41.52
Ceres Global Ag's Days Inventory
increased
from Dec. 2022 (37.96) to Dec. 2023 (47.62).
It might indicate that Ceres Global Ag's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ceres Global Ag's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.92.
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.
Ceres Global Ag's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.51.
Ceres Global Ag Days Inventory Historical Data
The historical data trend for Ceres Global Ag'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.
Competitive Comparison of Ceres Global Ag's Days Inventory
For the Food Distribution subindustry, Ceres Global Ag'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.
Ceres Global Ag's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ceres Global Ag's Days Inventory falls into.
Ceres Global Ag Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ceres Global Ag's Days Inventory for the fiscal year that 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.
Ceres Global Ag (TSX:CRP) 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.
Ceres Global Ag'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.
Ceres Global Ag'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.
Ceres Global Ag Days Inventory Related Terms
Thank you for viewing the detailed overview of Ceres Global Ag's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.
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