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Ouro Finoude Animal Participacoes (BSP:OFSA3) Days Inventory : 137.87 (As of Dec. 2023)


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What is Ouro Finoude Animal Participacoes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ouro Finoude Animal Participacoes's Average Total Inventories for the three months ended in Dec. 2023 was R$241.9 Mil. Ouro Finoude Animal Participacoes's Cost of Goods Sold for the three months ended in Dec. 2023 was R$160.1 Mil. Hence, Ouro Finoude Animal Participacoes's Days Inventory for the three months ended in Dec. 2023 was 137.87.

The historical rank and industry rank for Ouro Finoude Animal Participacoes's Days Inventory or its related term are showing as below:

BSP:OFSA3' s Days Inventory Range Over the Past 10 Years
Min: 151.22   Med: 184.97   Max: 237.61
Current: 208.38

During the past 10 years, Ouro Finoude Animal Participacoes's highest Days Inventory was 237.61. The lowest was 151.22. And the median was 184.97.

BSP:OFSA3's Days Inventory is ranked worse than
68.96% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs BSP:OFSA3: 208.38

Ouro Finoude Animal Participacoes's Days Inventory declined from Dec. 2022 (195.38) to Dec. 2023 (137.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ouro Finoude Animal Participacoes's Inventory Turnover for the three months ended in Dec. 2023 was 0.66.

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. Ouro Finoude Animal Participacoes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.86.


Ouro Finoude Animal Participacoes Days Inventory Historical Data

The historical data trend for Ouro Finoude Animal Participacoes'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.

* Premium members only.

Ouro Finoude Animal Participacoes Days Inventory Chart

Ouro Finoude Animal Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.28 182.23 183.54 211.69 189.51

Ouro Finoude Animal Participacoes Quarterly Data
Mar19 Jun19 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 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 195.38 328.69 239.60 199.12 137.87

Competitive Comparison of Ouro Finoude Animal Participacoes's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Ouro Finoude Animal Participacoes'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.


Ouro Finoude Animal Participacoes's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ouro Finoude Animal Participacoes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ouro Finoude Animal Participacoes's Days Inventory falls into.



Ouro Finoude Animal Participacoes Days Inventory Calculation

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

Ouro Finoude Animal Participacoes'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
=( (324.971 + 206.217) / 2 ) / 511.548*365
=265.594 / 511.548*365
=189.51

Ouro Finoude Animal Participacoes'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
=( (277.528 + 206.217) / 2 ) / 160.083*365 / 4
=241.8725 / 160.083*365 / 4
=137.87

* 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.


Ouro Finoude Animal Participacoes  (BSP:OFSA3) 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.

Ouro Finoude Animal Participacoes'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.

Ouro Finoude Animal Participacoes'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.


Ouro Finoude Animal Participacoes Days Inventory Related Terms

Thank you for viewing the detailed overview of Ouro Finoude Animal Participacoes's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ouro Finoude Animal Participacoes (BSP:OFSA3) Business Description

Traded in Other Exchanges
N/A
Address
Anhanguera Highway SP 330, Km 298, Industrial District, Cravinhos, SP, BRA, 14140-000
Ouro Fino Saude Animal Participacoes SA is engaged in the production and sale of veterinary drugs, vaccines, and other products for cattle, pigs, poultry, sheep, horses and goats and pets. The company reportable segments are Production animals, Companion animals, and International operations. It generates maximum revenue from the Production animals segment. The product portfolio includes Anticoccidials, Antimicrobials, Biological, Ectoparasiticides, Endectocides, Fortifiers / Supplements, and others.

Ouro Finoude Animal Participacoes (BSP:OFSA3) Headlines

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