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Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Days Inventory : 29.53 (As of Mar. 2023)


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What is Southwest Iowa Renewable Energy LLC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Southwest Iowa Renewable Energy LLC's Average Total Inventories for the three months ended in Mar. 2023 was $31.70 Mil. Southwest Iowa Renewable Energy LLC's Cost of Goods Sold for the three months ended in Mar. 2023 was $97.95 Mil. Hence, Southwest Iowa Renewable Energy LLC's Days Inventory for the three months ended in Mar. 2023 was 29.53.

The historical rank and industry rank for Southwest Iowa Renewable Energy LLC's Days Inventory or its related term are showing as below:

SWIOU's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 83.17
* Ranked among companies with meaningful Days Inventory only.

Southwest Iowa Renewable Energy LLC's Days Inventory declined from Mar. 2022 (44.20) to Mar. 2023 (29.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Southwest Iowa Renewable Energy LLC's Inventory Turnover for the three months ended in Mar. 2023 was 3.09.

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. Southwest Iowa Renewable Energy LLC's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.33.


Southwest Iowa Renewable Energy LLC Days Inventory Historical Data

The historical data trend for Southwest Iowa Renewable Energy LLC'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.

Southwest Iowa Renewable Energy LLC Days Inventory Chart

Southwest Iowa Renewable Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 23.09 25.58 28.89 26.69 31.98

Southwest Iowa Renewable Energy LLC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 44.20 52.83 37.42 26.66 29.53

Competitive Comparison of Southwest Iowa Renewable Energy LLC's Days Inventory

For the Specialty Chemicals subindustry, Southwest Iowa Renewable Energy LLC'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.


Southwest Iowa Renewable Energy LLC's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Southwest Iowa Renewable Energy LLC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Southwest Iowa Renewable Energy LLC's Days Inventory falls into.



Southwest Iowa Renewable Energy LLC Days Inventory Calculation

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

Southwest Iowa Renewable Energy LLC's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

Days Inventory (A: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (28.677 + 28.518) / 2 ) / 326.358*365
=28.5975 / 326.358*365
=31.98

Southwest Iowa Renewable Energy LLC's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (25.517 + 37.875) / 2 ) / 97.953*365 / 4
=31.696 / 97.953*365 / 4
=29.53

* 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.


Southwest Iowa Renewable Energy LLC  (GREY:SWIOU) 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.

Southwest Iowa Renewable Energy LLC's Inventory Turnover for the three months ended in Mar. 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.

Southwest Iowa Renewable Energy LLC's Inventory to Revenue for the three months ended in Mar. 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.


Southwest Iowa Renewable Energy LLC Days Inventory Related Terms

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Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10868 189th Street, Council Bluffs, IA, USA, 51503
Southwest Iowa Renewable Energy LLC is into manufacturing and selling ethanol, distillers grains, corn oil, and carbon dioxide in the continental United States. It also sells dried distillers grains with solubles in the continental United States, Mexico, and the Pacific Rim. Its products are marketed and distributed through professional third-party marketers.

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