Days Inventory is also known as Days Sales of Inventory (DSI). Bunge Global's Average Total Inventories for the
three
months ended in Sep. 2024 was $7,761 Mil. Bunge Global's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $12,136 Mil.
Hence, Bunge Global's Days Inventory for the
three
months ended in Sep. 2024 was 58.35.
The historical rank and industry rank for Bunge Global's Days Inventory or its related term are showing as below:
BG'
s Days Inventory Range Over the Past 10 Years
Min: 37.98 Med: 47.15 Max: 57.7
Current: 54
During the past 13 years, Bunge Global's highest Days Inventory was 57.70. The lowest was 37.98. And the median was 47.15.
BG's Days Inventory is ranked better than 71.51% of 1811
companies
in the Consumer Packaged Goods industry
Industry Median: 81.87
vs BG: 54.00
Bunge Global's Days Inventory
increased
from Sep. 2023 (56.60) to Sep. 2024 (58.35).
It might indicate that Bunge Global's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bunge Global's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.56.
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.
Bunge Global's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.60.
Bunge Global Days Inventory Historical Data
The historical data trend for Bunge Global'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 Bunge Global's Days Inventory
For the Farm Products subindustry, Bunge Global'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.
Bunge Global's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bunge Global's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bunge Global's Days Inventory falls into.
Bunge Global Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Bunge Global'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.
Bunge Global (NYSE:BG) 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.
Bunge Global's Inventory Turnover for the
three
months ended in Sep. 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.
Bunge Global's Inventory to Revenue for the
three
months ended in Sep. 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.
Bunge Global Days Inventory Related Terms
Thank you for viewing the detailed overview of Bunge Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bunge Global SA formerly Bunge Ltd is an agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is an oilseed processor and producer of vegetable oils and protein meals, based on processing capacity, a grain processor, the seller of packaged plant-based oils, producer and seller of wheat flour, bakery mixes, and corn-based products in North and South America.
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