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


What is Organic Agricultural Co Days Inventory?

Organic Agricultural Co OGAA Days Inventory is 103.46 as of Dec. 2023.

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 is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.65
* Ranked among companies with meaningful Days Inventory only.

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  (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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.213 / 0.2415
=0.88

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2415 / 0.297
=0.81

* 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

Organic Agricultural Co Days Inventory Historical Data

* Premium members only.

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.

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

OGAA vs ADM, TSN, BG: Days Inventory Comparison

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 Days Inventory vs 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 103.46 mean?
Organic Agricultural Co (OGAA) has a Days Inventory of 103.46 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Organic Agricultural Co and its competitors.
Is Organic Agricultural Co's Days Inventory too high?
Organic Agricultural Co's current Days Inventory is 103.46. The Consumer Packaged Goods industry median Days Inventory is 82.65. Organic Agricultural Co's value of 103.46 is 25.2% above this industry median.
How does Organic Agricultural Co's Days Inventory compare to ADM and TSN?
Organic Agricultural Co's Days Inventory of 103.46 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.65. Organic Agricultural Co's value of 103.46 is 25.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.65, based on 1,867 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Organic Agricultural Co's current Days Inventory of 103.46 is 25.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Organic Agricultural Co and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Organic Agricultural Co's current Days Inventory is 103.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Agricultural Co stock overvalued right now?
Organic Agricultural Co (OGAA) has a current Days Inventory of 103.46. The current Days Inventory is 103.46 and 25.2% above the Consumer Packaged Goods industry median of 82.65. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Organic Agricultural Co (OGAA), the current Days Inventory is 103.46 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Organic Agricultural Co Business Description

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, coarse cereals, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products.