South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Total Inventories : $72.05 Mil (As of Dec. 2023)

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What is South Dakota Soybean Processors LLC Total Inventories?

South Dakota Soybean Processors LLC's total inventories for the quarter that ended in Dec. 2023 was $72.05 Mil. South Dakota Soybean Processors LLC's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $82.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. South Dakota Soybean Processors LLC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. South Dakota Soybean Processors LLC's Days Inventory for the three months ended in Dec. 2023 was 50.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. South Dakota Soybean Processors LLC's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.80.

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. South Dakota Soybean Processors LLC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

South Dakota Soybean Processors LLC Total Inventories Historical Data

The historical data trend for South Dakota Soybean Processors LLC's Total Inventories 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.

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South Dakota Soybean Processors LLC Total Inventories Chart

South Dakota Soybean Processors LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

95.07

134.25

72.05

South Dakota Soybean Processors LLC Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial					134.25	127.62	110.10	92.33	72.05

South Dakota Soybean Processors LLC Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

South Dakota Soybean Processors LLC (OTCPK:SDSYA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

South Dakota Soybean Processors LLC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(72.91	+	0.75 * 43.549	+	0.5 * 72.046	-	128.509
-	0	-	98.737)	/	0
=	N/A

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

South Dakota Soybean Processors LLC's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	82.19	/	147.842	*	365 / 4
	=	50.73

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

South Dakota Soybean Processors LLC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	147.842	/	82.19
	=	1.80

4. 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.

South Dakota Soybean Processors LLC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	82.19	/	169.381
	=	0.49

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

South Dakota Soybean Processors LLC Total Inventories Related Terms

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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071

Website

https://www.sdsbp.com

South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

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