SDSYA (South Dakota Soybean Processors LLC) Beneish M-Score: 0.00 (As of Jun. 28, 2026)


What is South Dakota Soybean Processors LLC Beneish M-Score?

South Dakota Soybean Processors LLC SDSYA Beneish M-Score is 0.00 as of Jun. 28, 2026.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

The historical rank and industry rank for South Dakota Soybean Processors LLC's Beneish M-Score or its related term are showing as below:

During the past 6 years, the highest Beneish M-Score of South Dakota Soybean Processors LLC was 0.00. The lowest was 0.00. And the median was 0.00.

South Dakota Soybean Processors LLC Beneish M-Score Historical Data

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The historical data trend for South Dakota Soybean Processors LLC's Beneish M-Score 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.

South Dakota Soybean Processors LLC Beneish M-Score Chart

South Dakota Soybean Processors LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

South Dakota Soybean Processors LLC Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score 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 0.00 0.00 0.00 0.00 0.00

SDSYA vs SKSDF, RSSFF, NWGFF: Beneish M-Score Comparison

For the Packaged Foods subindustry, South Dakota Soybean Processors LLC's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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.

South Dakota Soybean Processors LLC Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, South Dakota Soybean Processors LLC's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where South Dakota Soybean Processors LLC's Beneish M-Score falls into.


South Dakota Soybean Processors LLC Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of South Dakota Soybean Processors LLC for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.9444+0.528 * 2.4608+0.404 * 0.6847+0.892 * 1.1667+0.115 * 0.6279
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0908+4.679 * 0.099711-0.327 * 1.5802
=-1.52

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $30.59 Mil.
Revenue was 225.529 + 145.439 + 129.822 + 110.641 = $611.43 Mil.
Gross Profit was -5.537 + 4.733 + 13.786 + 0.273 = $13.26 Mil.
Total Current Assets was $234.28 Mil.
Total Assets was $885.76 Mil.
Property, Plant and Equipment(Net PPE) was $630.85 Mil.
Depreciation, Depletion and Amortization(DDA) was $15.67 Mil.
Selling, General, & Admin. Expense(SGA) was $7.82 Mil.
Total Current Liabilities was $187.51 Mil.
Long-Term Debt & Capital Lease Obligation was $377.21 Mil.
Net Income was -4.255 + 3.582 + 10.754 + -0.973 = $9.11 Mil.
Non Operating Income was 1.995 + 0.071 + 0.267 + 0.185 = $2.52 Mil.
Cash Flow from Operations was -82.758 + -21.803 + 20.938 + 1.893 = $-81.73 Mil.
 Total Receivables was $27.76 Mil.
Revenue was 117.913 + 125.796 + 130.646 + 149.717 = $524.07 Mil.
Gross Profit was 5.906 + 11.214 + 2.277 + 8.561 = $27.96 Mil.
Total Current Assets was $109.70 Mil.
Total Assets was $582.42 Mil.
Property, Plant and Equipment(Net PPE) was $452.91 Mil.
Depreciation, Depletion and Amortization(DDA) was $7.00 Mil.
Selling, General, & Admin. Expense(SGA) was $6.15 Mil.
Total Current Liabilities was $72.84 Mil.
Long-Term Debt & Capital Lease Obligation was $162.16 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(30.589 / 611.431) / (27.763 / 524.072)
=0.050029 / 0.052976
=0.9444

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(27.958 / 524.072) / (13.255 / 611.431)
=0.053348 / 0.021679
=2.4608

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (234.28 + 630.847) / 885.758) / (1 - (109.703 + 452.909) / 582.424)
=0.023292 / 0.034016
=0.6847

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=611.431 / 524.072
=1.1667

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(7 / (7 + 452.909)) / (15.67 / (15.67 + 630.847))
=0.01522 / 0.024238
=0.6279

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(7.82 / 611.431) / (6.145 / 524.072)
=0.01279 / 0.011725
=1.0908

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((377.212 + 187.514) / 885.758) / ((162.156 + 72.84) / 582.424)
=0.637562 / 0.403479
=1.5802

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(9.108 - 2.518 - -81.73) / 885.758
=0.099711

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

South Dakota Soybean Processors LLC has a M-score of -1.52 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
South Dakota Soybean Processors LLC (SDSYA) has a Beneish M-Score of 0.00 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on South Dakota Soybean Processors LLC and its competitors.
Is South Dakota Soybean Processors LLC's Beneish M-Score too high?
South Dakota Soybean Processors LLC's current Beneish M-Score is 0.00.
How does South Dakota Soybean Processors LLC's Beneish M-Score compare to SKSDF and RSSFF?
South Dakota Soybean Processors LLC's Beneish M-Score of 0.00 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on South Dakota Soybean Processors LLC and its competitors. South Dakota Soybean Processors LLC's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Dakota Soybean Processors LLC stock overvalued right now?
South Dakota Soybean Processors LLC (SDSYA) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For South Dakota Soybean Processors LLC (SDSYA), the current Beneish M-Score is 0.00 as of Jun. 28, 2026. 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.

South Dakota Soybean Processors LLC Business Description

Address 100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071
South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. The company is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generates revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy, and industrial products. The Company generates majority of its revenue by selling soybean meals in the USA.