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Organic Agricultural Co (Organic Agricultural Co) Days Inventory : 103.46 (As of Dec. 2023)


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What is Organic Agricultural Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Organic Agricultural Co's Average Total Inventories for the three months ended in Dec. 2023 was $0.24 Mil. Organic Agricultural Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.21 Mil. Hence, Organic Agricultural Co's Days Inventory for the three months ended in Dec. 2023 was 103.46.

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

OGAA' s Days Inventory Range Over the Past 10 Years
Min: 72.92   Med: 362.16   Max: 1331.84
Current: 72.92

During the past 6 years, Organic Agricultural Co's highest Days Inventory was 1331.84. The lowest was 72.92. And the median was 362.16.

OGAA's Days Inventory is ranked better than
55.8% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.77 vs OGAA: 72.92

Organic Agricultural Co's Days Inventory declined from Dec. 2022 (165.66) to Dec. 2023 (103.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Organic Agricultural Co's Inventory Turnover for the three months 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 three months ended in Dec. 2023 was 0.81.


Organic Agricultural Co Days Inventory Historical Data

The historical data trend for Organic Agricultural Co'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.

Organic Agricultural Co Days Inventory Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 267.84 565.26 371.22 273.33 353.10

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
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 165.66 368.60 103.22 38.83 103.46

Competitive Comparison of Organic Agricultural Co's Days Inventory

For the Farm Products subindustry, Organic Agricultural Co'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.


Organic Agricultural Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Organic Agricultural Co's Days Inventory falls into.



Organic Agricultural Co Days Inventory Calculation

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 fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.206 + 0.15) / 2 ) / 0.184*365
=0.178 / 0.184*365
=353.10

Organic Agricultural Co'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
=( (0.337 + 0.146) / 2 ) / 0.213*365 / 4
=0.2415 / 0.213*365 / 4
=103.46

* 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  (OTCPK:OGAA) 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.

Organic Agricultural Co'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.

Organic Agricultural Co'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.


Organic Agricultural Co Days Inventory Related Terms

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


Organic Agricultural Co (Organic Agricultural Co) Business Description

Traded in Other Exchanges
N/A
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, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Organic Agricultural Co (Organic Agricultural Co) Headlines

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