Insumos AGroquimicos (BUE:INAG5) Inventory Turnover : 0.64 (As of Dec. 2023)

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What is Insumos AGroquimicos Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Insumos AGroquimicos's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS7,164.47 Mil. Insumos AGroquimicos's Average Total Inventories for the quarter that ended in Dec. 2023 was ARS11,280.97 Mil. Insumos AGroquimicos's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Insumos AGroquimicos's Days Inventory for the three months ended in Dec. 2023 was 143.68.

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. Insumos AGroquimicos's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.16.

Insumos AGroquimicos Inventory Turnover Historical Data

The historical data trend for Insumos AGroquimicos's Inventory Turnover 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.

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Insumos AGroquimicos Inventory Turnover Chart

Insumos AGroquimicos Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Inventory Turnover

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1.12

2.46

3.82

6.34

3.27

Insumos AGroquimicos Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.56	0.72	0.77	0.67	0.64

Insumos AGroquimicos Inventory Turnover Calculation

Insumos AGroquimicos's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	3562.985	/ (	(795.076	+	1384.113)	/	2 )
=	3562.985	/	1089.5945
=	3.27

Insumos AGroquimicos's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	7164.473	/ (	(6868.452	+	15693.48)	/	2 )
=	7164.473	/	11280.966
=	0.64

Insumos AGroquimicos (BUE:INAG5) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Insumos AGroquimicos's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	11280.966	/	7164.473	*	365 / 4
	=	143.68

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.

Insumos AGroquimicos's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	11280.966	/	9734.07
	=	1.16

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Insumos AGroquimicos Inventory Turnover Related Terms

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Insumos AGroquimicos (BUE:INAG5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Insumos AGroquimicos SA (BUE:INAG5) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Santa Fe 1731, 3rd floor, Buenos Aires, ARG, C1060ABD

Website

http://www.insuagro.com.ar

Insumos AGroquimicos SA operates in the agricultural inputs sector. The company sells, distributes and markets insecticides, herbicides, fungicides, seed treatments and seed inoculants.

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