AgriFORCE Growing Systems (AgriFORCE Growing Systems) Days Inventory : 0.00 (As of Dec. 2023)

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What is AgriFORCE Growing Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AgriFORCE Growing Systems's Average Total Inventories for the three months ended in Dec. 2023 was $0.04 Mil. AgriFORCE Growing Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

The historical rank and industry rank for AgriFORCE Growing Systems's Days Inventory or its related term are showing as below:

During the past 6 years, AgriFORCE Growing Systems's highest Days Inventory was 1095.00. The lowest was 1095.00. And the median was 1095.00.

AGRI's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.1
* Ranked among companies with meaningful Days Inventory only.

AgriFORCE Growing Systems's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. AgriFORCE Growing Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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. AgriFORCE Growing Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.41.

AgriFORCE Growing Systems Days Inventory Historical Data

The historical data trend for AgriFORCE Growing Systems'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.

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AgriFORCE Growing Systems Days Inventory Chart

AgriFORCE Growing Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,095.00

AgriFORCE Growing Systems Quarterly Data
	Dec18	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														-	-	-	-	-

Competitive Comparison of AgriFORCE Growing Systems's Days Inventory

For the Farm Products subindustry, AgriFORCE Growing Systems'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.

AgriFORCE Growing Systems's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AgriFORCE Growing Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where AgriFORCE Growing Systems's Days Inventory falls into.

AgriFORCE Growing Systems Days Inventory Calculation

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

AgriFORCE Growing Systems'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
=	( (0	+	0.039)	/	1 )	/	0.013	*	365
=	0.039					/	0.013	*	365
=	1,095.00

AgriFORCE Growing Systems'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
=	( (0.038	+	0.039)	/	2 )	/	0	*	365 / 4
=	0.0385					/	0	*	365 / 4
=	N/A

AgriFORCE Growing Systems (NAS:AGRI) 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.

AgriFORCE Growing Systems's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.0385
	=	0.00

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.

AgriFORCE Growing Systems's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0385	/	0.016
	=	2.41

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.

AgriFORCE Growing Systems Days Inventory Related Terms

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

AgriFORCE Growing Systems (AgriFORCE Growing Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AgriFORCE Growing Systems Ltd (NAS:AGRI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

300-2233 Columbia Street, Vancouver, BC, CAN, V5Y 0M6

Website

https://www.agriforcegs.com

AgriFORCE Growing Systems Ltd is a Canada-based company dedicated to transforming modern agricultural development through its proprietary patent-pending facility design and automated growing system. Its methods are designed to produce high-quality, pesticide-free, locally cultivated crops, cost-effectively and with the ability to quickly scale, in virtually any climate.

Executives

Ingo Wilhelm Mueller	director, officer: Chief Executive Officer	300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6
Amy Griffith	director	718 OLD LANCASTER ROAD, BRYN MAWR PA 19010
Richard Levychin	director	189 MONTAGUE STREET, APT. 28A, BROOKLYN NY 11201
Don Nicholson	director	1602-1228 WEST HASTINGS ST, VANCOUVER A1 V6E 4S6
David Ryan Welch	director	500 SOUTH GRAND AVENUE,, SUITE 1800, LOS ANGELES CA 90071
William John Meekison	director	4475 ROSS CRESCENT, WEST VANCOUVER A1 V7W 1B4
Troy Mcclellan	officer: President, AgriFORCE Solutions	C/O AGRIFORCE GROWING SYSTEMS LTD, 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6