Boafra Sementes (BSP:SOJA3) Days Inventory : 329.16 (As of Mar. 2024)

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What is Boafra Sementes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boafra Sementes's Average Total Inventories for the three months ended in Mar. 2024 was R$277 Mil. Boafra Sementes's Cost of Goods Sold for the three months ended in Mar. 2024 was R$77 Mil. Hence, Boafra Sementes's Days Inventory for the three months ended in Mar. 2024 was 329.16.

The historical rank and industry rank for Boafra Sementes's Days Inventory or its related term are showing as below:

BSP:SOJA3' s Days Inventory Range Over the Past 10 Years
Min: 10.13 Med: 21.12 Max: 87.65
Current: 87.65

During the past 6 years, Boafra Sementes's highest Days Inventory was 87.65. The lowest was 10.13. And the median was 21.12.

BSP:SOJA3's Days Inventory is ranked better than
61.57% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs BSP:SOJA3: 87.65

Boafra Sementes's Days Inventory increased from Mar. 2023 (145.71) to Mar. 2024 (329.16). It might indicate that Boafra Sementes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Boafra Sementes's Inventory Turnover for the three months ended in Mar. 2024 was 0.28.

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. Boafra Sementes's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.01.

Boafra Sementes Days Inventory Historical Data

The historical data trend for Boafra Sementes'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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Boafra Sementes Days Inventory Chart

Boafra Sementes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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10.13

15.99

26.60

26.25

27.29

Boafra Sementes Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial													145.71	585.30	62.74	37.80	329.16

Competitive Comparison of Boafra Sementes's Days Inventory

For the Agricultural Inputs subindustry, Boafra Sementes'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.

Boafra Sementes's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Boafra Sementes's Days Inventory falls into.

Boafra Sementes Days Inventory Calculation

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

Boafra Sementes's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (126.73	+	138.096)	/	2 )	/	1770.842	*	365
=	132.413					/	1770.842	*	365
=	27.29

Boafra Sementes's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (138.096	+	416.205)	/	2 )	/	76.831	*	365 / 4
=	277.1505					/	76.831	*	365 / 4
=	329.16

Boafra Sementes (BSP:SOJA3) 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.

Boafra Sementes's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	76.831	/	277.1505
	=	0.28

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.

Boafra Sementes's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	277.1505	/	69.075
	=	4.01

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.

Boafra Sementes Days Inventory Related Terms

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

Boafra Sementes (BSP:SOJA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Boa Safra Sementes SA (BSP:SOJA3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Circular no.211 - A, 1 Setor Industrial, Formosa, GO, BRA, 73813-170

Website

https://boasafrasementes.com.br

Boa Safra Sementes SA is engaged in the production of soybean seeds in Brazil. With the production of certified seeds in partnership with the largest technology providers, it offers treatments with various chemical and genetic components adapted to ensure high rates of germination and vigor. Its complete portfolio of quality soy seeds also includes corn and bean seeds.

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