China Green Agriculture (China Green Agriculture) Days Inventory : 258.99 (As of Dec. 2023)

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What is China Green Agriculture Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Green Agriculture's Average Total Inventories for the three months ended in Dec. 2023 was $41.1 Mil. China Green Agriculture's Cost of Goods Sold for the three months ended in Dec. 2023 was $14.5 Mil. Hence, China Green Agriculture's Days Inventory for the three months ended in Dec. 2023 was 258.99.

The historical rank and industry rank for China Green Agriculture's Days Inventory or its related term are showing as below:

CGA' s Days Inventory Range Over the Past 10 Years
Min: 112.95 Med: 164.87 Max: 253.65
Current: 173.35

During the past 13 years, China Green Agriculture's highest Days Inventory was 253.65. The lowest was 112.95. And the median was 164.87.

CGA's Days Inventory is ranked worse than
74.67% of 229 companies
in the Agriculture industry
Industry Median: 108.6 vs CGA: 173.35

China Green Agriculture's Days Inventory increased from Dec. 2022 (207.71) to Dec. 2023 (258.99). It might indicate that China Green Agriculture's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Green Agriculture's Inventory Turnover for the three months ended in Dec. 2023 was 0.35.

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. China Green Agriculture's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.31.

China Green Agriculture Days Inventory Historical Data

The historical data trend for China Green Agriculture'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.

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China Green Agriculture Days Inventory Chart

China Green Agriculture Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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171.47

253.65

190.59

130.84

158.27

China Green Agriculture 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															207.71	108.23	188.57	228.92	258.99

Competitive Comparison of China Green Agriculture's Days Inventory

For the Agricultural Inputs subindustry, China Green Agriculture'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.

China Green Agriculture's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, China Green Agriculture's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Green Agriculture's Days Inventory falls into.

China Green Agriculture Days Inventory Calculation

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

China Green Agriculture's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (42.198	+	46.455)	/	2 )	/	102.222	*	365
=	44.3265					/	102.222	*	365
=	158.27

China Green Agriculture'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
=	( (42.596	+	39.554)	/	2 )	/	14.472	*	365 / 4
=	41.075					/	14.472	*	365 / 4
=	258.99

China Green Agriculture (NYSE:CGA) 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.

China Green Agriculture's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.472	/	41.075
	=	0.35

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.

China Green Agriculture's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41.075	/	17.8
	=	2.31

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.

China Green Agriculture Days Inventory Related Terms

Thank you for viewing the detailed overview of China Green Agriculture's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Green Agriculture (China Green Agriculture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China Green Agriculture Inc (NYSE:CGA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GR0A:Germany

Address

South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065

Website

http://www.cgagri.com

China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.

Executives

Zhibiao Pan	officer: Co-Chief Executive Officer	NO.39, GROUP NO.1 GANGANG VILLAGE, WULIE COUNTY, DONGTAI F4 224200
Caihua Ran	10 percent owner, other: Director's Mother	GROUP NO.4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiuzhen Xu	10 percent owner, other: Co-CEO's Mother	NO.39, GROUP NO.1 GANGANG VILLAGEN, LIANYI COUNTY, DONGTAI F4 224200
Jian Huang	director	676-GROUP 4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiaolai Li	director	NO. 20 BALUN VILLAGE, QIONGSHAN DISTRICT, HAIKOU F4 571100
Zhang Shiyu	director	1919 MARKET ST., UNIT 812, PHILADELPHIA PA 19103
Shaanxi Baoyu Science & Technology Investment Co	10 percent owner	86 86 GAOXIN ROAD B-1-6F, XI'AN, SHAANXI PROVINCE F4 710075
Daqing Zhu	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181,, SOUTH TAIBAI ROAD, XI'AN, SHAANXI F4 710065
Zhuoyu Li	officer: President	3RD FLOOR, BOROUGH A, BLOCK A, NO. 181, SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yiru Shi	director	1217 S CATALINA AVENUE, REDONDO BEACH CA 90277
Ale Fan	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Jianlei Shen	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Ken Ren	officer: Chief Financial Officer	3RD FL, BOROUGH A, BLOCK A, NO. 181 SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yizhao Zhang	director	45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520
Robert B Fields	director	215 EAST 68TH STREET, NEW YORK NY 10021