Replenish Nutrients Holding (XCNQ:ERTH) Days Inventory : 171.01 (As of Dec. 2023)

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What is Replenish Nutrients Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Replenish Nutrients Holding's Average Total Inventories for the three months ended in Dec. 2023 was C$6.25 Mil. Replenish Nutrients Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was C$3.34 Mil. Hence, Replenish Nutrients Holding's Days Inventory for the three months ended in Dec. 2023 was 171.01.

The historical rank and industry rank for Replenish Nutrients Holding's Days Inventory or its related term are showing as below:

XCNQ:ERTH' s Days Inventory Range Over the Past 10 Years
Min: 37.55 Med: 155.14 Max: 250.28
Current: 245.64

During the past 13 years, Replenish Nutrients Holding's highest Days Inventory was 250.28. The lowest was 37.55. And the median was 155.14.

XCNQ:ERTH's Days Inventory is ranked worse than
89.08% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs XCNQ:ERTH: 245.64

Replenish Nutrients Holding's Days Inventory declined from Dec. 2022 (333.55) to Dec. 2023 (171.01).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Replenish Nutrients Holding's Inventory Turnover for the three months ended in Dec. 2023 was 0.53.

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. Replenish Nutrients Holding's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.75.

Replenish Nutrients Holding Days Inventory Historical Data

The historical data trend for Replenish Nutrients Holding'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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Replenish Nutrients Holding Days Inventory Chart

Replenish Nutrients Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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37.55

155.14

250.28

Replenish Nutrients Holding 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															333.55	426.98	219.89	215.19	171.01

Competitive Comparison of Replenish Nutrients Holding's Days Inventory

For the Agricultural Inputs subindustry, Replenish Nutrients Holding'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.

Replenish Nutrients Holding's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Replenish Nutrients Holding's Days Inventory falls into.

Replenish Nutrients Holding Days Inventory Calculation

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

Replenish Nutrients Holding'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
=	( (11.927	+	5.302)	/	2 )	/	12.563	*	365
=	8.6145					/	12.563	*	365
=	250.28

Replenish Nutrients Holding'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
=	( (7.198	+	5.302)	/	2 )	/	3.335	*	365 / 4
=	6.25					/	3.335	*	365 / 4
=	171.01

Replenish Nutrients Holding (XCNQ:ERTH) 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.

Replenish Nutrients Holding's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.335	/	6.25
	=	0.53

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.

Replenish Nutrients Holding's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.25	/	3.58
	=	1.75

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.

Replenish Nutrients Holding Days Inventory Related Terms

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

Replenish Nutrients Holding (XCNQ:ERTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Replenish Nutrients Holding Corp (XCNQ:ERTH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VVIVF:USA 7KE:Germany

Address

Station Main, PO Box 1186, Okotoks, AB, CAN, T15 1B1

Website

https://www.replenishnutrients.com

Replenish Nutrients Holding Corp is an agriculture biotechnology company and a leading intellectual property developer of regenerative fertilizer solutions and sustainable manufacturing processes to support a farm system that prioritizes healthy soils and grower profitability. By combining a balanced source of micronized nutrients and organic matter with its proprietary blends and granulation process, Replenish has developed a sustainable alternative to synthetic fertilizers that enhances overall soil function and biology while providing valuable plant-available nutrients farmers rely upon for healthy crops.

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