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Graincorp (FRA:G3C) Days Inventory : 75.91 (As of Sep. 2023)


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What is Graincorp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Graincorp's Average Total Inventories for the six months ended in Sep. 2023 was €791 Mil. Graincorp's Cost of Goods Sold for the six months ended in Sep. 2023 was €1,902 Mil. Hence, Graincorp's Days Inventory for the six months ended in Sep. 2023 was 75.91.

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

FRA:G3C' s Days Inventory Range Over the Past 10 Years
Min: 36.97   Med: 56.23   Max: 73.86
Current: 60.39

During the past 13 years, Graincorp's highest Days Inventory was 73.86. The lowest was 36.97. And the median was 56.23.

FRA:G3C's Days Inventory is ranked better than
67.06% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs FRA:G3C: 60.39

Graincorp's Days Inventory declined from Sep. 2022 (91.03) to Sep. 2023 (75.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Graincorp's Inventory Turnover for the six months ended in Sep. 2023 was 2.40.

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. Graincorp's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.36.


Graincorp Days Inventory Historical Data

The historical data trend for Graincorp'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.

Graincorp Days Inventory Chart

Graincorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.23 56.29 36.83 43.46 47.29

Graincorp Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 80.22 83.71 91.03 65.03 75.91

Competitive Comparison of Graincorp's Days Inventory

For the Farm Products subindustry, Graincorp'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.


Graincorp's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Graincorp's Days Inventory falls into.



Graincorp Days Inventory Calculation

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

Graincorp's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (577.769 + 498.549) / 2 ) / 4153.572*365
=538.159 / 4153.572*365
=47.29

Graincorp's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1083.64 + 498.549) / 2 ) / 1902.002*365 / 2
=791.0945 / 1902.002*365 / 2
=75.91

* 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.


Graincorp  (FRA:G3C) 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.

Graincorp's Inventory Turnover for the six months ended in Sep. 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.

Graincorp's Inventory to Revenue for the six months ended in Sep. 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.


Graincorp Days Inventory Related Terms

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


Graincorp (FRA:G3C) Business Description

Traded in Other Exchanges
Address
175 Liverpool Street, Level 28, Sydney, NSW, AUS, 2000
GrainCorp is an agribusiness with an integrated business model operating across three divisions. The company operates the largest grain storage and logistics network in eastern Australia. GrainCorp provides grain marketing services to all major grain-producing regions in Australia, as well as to Canadian and U.K. growers. The company has also diversified into edible oil refining and supply, and bulk liquid storage.

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