Boafra Sementes (BSP:SOJA3) Inventory Turnover : 0.28 (As of Mar. 2024)

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What is Boafra Sementes Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Boafra Sementes's Cost of Goods Sold for the three months ended in Mar. 2024 was R$77 Mil. Boafra Sementes's Average Total Inventories for the quarter that ended in Mar. 2024 was R$277 Mil. Boafra Sementes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.

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 three months ended in Mar. 2024 was 329.16.

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 quarter that ended in Mar. 2024 was 4.01.

Boafra Sementes Inventory Turnover Historical Data

The historical data trend for Boafra Sementes's Inventory Turnover 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 Inventory Turnover Chart

Boafra Sementes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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36.02

22.83

13.72

13.90

13.37

Boafra Sementes Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial													0.63	0.16	1.45	2.41	0.28

Boafra Sementes Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1770.842	/ (	(126.73	+	138.096)	/	2 )
=	1770.842	/	132.413
=	13.37

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	76.831	/ (	(138.096	+	416.205)	/	2 )
=	76.831	/	277.1505
=	0.28

Boafra Sementes (BSP:SOJA3) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	277.1505	/	76.831	*	365 / 4
	=	329.16

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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	277.1505	/	69.075
	=	4.01

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Boafra Sementes Inventory Turnover Related Terms

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Boafra Sementes (BSP:SOJA3) Business Description

Industry

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

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Traded in Other Exchanges

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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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