OGAA (Organic Agricultural Co) Change In Inventory: $0.01 Mil (TTM As of Dec. 2023)


What is Organic Agricultural Co Change In Inventory?

Organic Agricultural Co OGAA Change In Inventory is $0.01 Mil as of Dec. 2023.

Organic Agricultural Co's change in inventory for the quarter that ended in Dec. 2023 was $0.20 Mil. It means Organic Agricultural Co's inventory declined by $0.20 Mil from Sep. 2023 to Dec. 2023 .

Organic Agricultural Co's change in inventory for the fiscal year that ended in Mar. 2023 was $0.04 Mil. It means Organic Agricultural Co's inventory declined by $0.04 Mil from Mar. 2022 to Mar. 2023 .

Organic Agricultural Co's Total Inventories for the quarter that ended in Dec. 2023 was $0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Organic Agricultural Co's Days Inventory for the quarter that ended in Dec. 2023 was 103.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Organic Agricultural Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.

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. Organic Agricultural Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.81.

Organic Agricultural Co  (OTCPK:OGAA) Change In Inventory Explanation

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

Organic Agricultural Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2415/0.213*365 / 4
=103.46

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

Organic Agricultural Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.213 / 0.2415
=0.88

3. 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.

Organic Agricultural Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2415 / 0.297
=0.81

* 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.

Organic Agricultural Co Change In Inventory Related Terms

Organic Agricultural Co Change In Inventory Historical Data

* Premium members only.

The historical data trend for Organic Agricultural Co's Change In 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.

Organic Agricultural Co Change In Inventory Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Inventory
Get a 7-Day Free Trial 0.22 0.02 -0.02 -0.08 0.04

Organic Agricultural Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In 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 -0.01 0.01 0.02 -0.22 0.20

Organic Agricultural Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.01 Mil mean?
Organic Agricultural Co (OGAA) has a Change In Inventory of $0.01 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Organic Agricultural Co and its competitors.
Is Organic Agricultural Co's Change In Inventory too high?
Organic Agricultural Co's current Change In Inventory is $0.01 Mil.
How does Organic Agricultural Co's Change In Inventory compare to ADM and TSN?
Organic Agricultural Co's Change In Inventory of $0.01 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Organic Agricultural Co and its competitors. Organic Agricultural Co's current Change In Inventory is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Agricultural Co stock overvalued right now?
Organic Agricultural Co (OGAA) has a current Change In Inventory of $0.01 Mil. The current Change In Inventory is $0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Organic Agricultural Co (OGAA), the current Change In Inventory is $0.01 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Organic Agricultural Co Business Description

Address High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, coarse cereals, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products.