Tres Tentos Agroindustrial (BSP:TTEN3) Total Inventories : R$1,368 Mil (As of Dec. 2023)

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What is Tres Tentos Agroindustrial Total Inventories?

Tres Tentos Agroindustrial's total inventories for the quarter that ended in Dec. 2023 was R$1,368 Mil. Tres Tentos Agroindustrial's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was R$1,578 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tres Tentos Agroindustrial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tres Tentos Agroindustrial's Days Inventory for the three months ended in Dec. 2023 was 55.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tres Tentos Agroindustrial's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.65.

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. Tres Tentos Agroindustrial's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Tres Tentos Agroindustrial Total Inventories Historical Data

The historical data trend for Tres Tentos Agroindustrial's Total Inventories 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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Tres Tentos Agroindustrial Total Inventories Chart

Tres Tentos Agroindustrial Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

778.86

1,382.40

1,916.49

1,367.66

Tres Tentos Agroindustrial Quarterly Data
	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial								1,916.49	1,811.06	2,302.56	1,787.51	1,367.66

Tres Tentos Agroindustrial Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Tres Tentos Agroindustrial (BSP:TTEN3) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Tres Tentos Agroindustrial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1225.934	+	0.75 * 1238.679	+	0.5 * 1367.658	-	3531.898
-	0	-	4.154)	/	498.163
=	-1.40

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

Tres Tentos Agroindustrial'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
	=	1577.582	/	2602.862	*	365 / 4
	=	55.31

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tres Tentos Agroindustrial's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	2602.862	/	1577.582
	=	1.65

4. 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.

Tres Tentos Agroindustrial'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 )
	=	1577.582	/	3029.59
	=	0.52

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Tres Tentos Agroindustrial Total Inventories Related Terms

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Tres Tentos Agroindustrial (BSP:TTEN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tres Tentos Agroindustrial SA (BSP:TTEN3) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Principal, 187, P.O. Box 41, Distrito Industrial, Santa Barbara do Sul, RS, BRA, 98240-000

Website

https://www.3tentos.com.br

Tres Tentos Agroindustrial SA is an agricultural company that offers vertically oriented and integrated solutions to farmers and a wide range of retail products in the agricultural input, grain, and industrial segments. The company also offers farmers' training, consulting, and technical services. the reporting segments of the Company are; Agricultural inputs include the marketing of fertilizers, plant-protection products, foliar fertilizers, and soybean, corn, and wheat seeds, Grains include operations involving the physical receipt, standardization, and trading of grain acquired from third parties, and Industry include operations involving the processing of soybean to produce meal and biodiesel.

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