Bioceres Crop Solutions (Bioceres Crop Solutions) Days Inventory : 134.48 (As of Dec. 2023)

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What is Bioceres Crop Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bioceres Crop Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $131.9 Mil. Bioceres Crop Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $89.5 Mil. Hence, Bioceres Crop Solutions's Days Inventory for the three months ended in Dec. 2023 was 134.48.

The historical rank and industry rank for Bioceres Crop Solutions's Days Inventory or its related term are showing as below:

BIOX' s Days Inventory Range Over the Past 10 Years
Min: 119.12 Med: 159.37 Max: 203.46
Current: 197

During the past 6 years, Bioceres Crop Solutions's highest Days Inventory was 203.46. The lowest was 119.12. And the median was 159.37.

BIOX's Days Inventory is ranked worse than
80.35% of 229 companies
in the Agriculture industry
Industry Median: 110.4 vs BIOX: 197.00

Bioceres Crop Solutions's Days Inventory declined from Dec. 2022 (226.04) to Dec. 2023 (134.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bioceres Crop Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 0.68.

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. Bioceres Crop Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.94.

Bioceres Crop Solutions Days Inventory Historical Data

The historical data trend for Bioceres Crop Solutions'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.

* Premium members only.

Bioceres Crop Solutions Days Inventory Chart

Bioceres Crop Solutions Annual Data

Trend

Jan18

Jan19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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119.12

147.58

171.15

203.46

Bioceres Crop Solutions Quarterly Data
	Jan19	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															226.04	387.56	201.76	175.71	134.48

Competitive Comparison of Bioceres Crop Solutions's Days Inventory

For the Agricultural Inputs subindustry, Bioceres Crop Solutions'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.

Bioceres Crop Solutions's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Bioceres Crop Solutions's Days Inventory falls into.

Bioceres Crop Solutions Days Inventory Calculation

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

Bioceres Crop Solutions'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
=	( (126.101	+	140.574)	/	2 )	/	239.197	*	365
=	133.3375					/	239.197	*	365
=	203.46

Bioceres Crop Solutions'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
=	( (139.218	+	124.677)	/	2 )	/	89.53	*	365 / 4
=	131.9475					/	89.53	*	365 / 4
=	134.48

Bioceres Crop Solutions (NAS:BIOX) 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.

Bioceres Crop Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	89.53	/	131.9475
	=	0.68

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.

Bioceres Crop Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	131.9475	/	140.294
	=	0.94

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.

Bioceres Crop Solutions Days Inventory Related Terms

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

Bioceres Crop Solutions (Bioceres Crop Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Bioceres Crop Solutions Corp (NAS:BIOX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

0G4:Germany 0G4:Germany

Address

Ocampo 210 Bis, Predio CCT, Province of Santa Fe, Rosario, ARG, 2000

Website

https://www.biocerescrops.com

Bioceres Crop Solutions Corp is a fully-integrated provider of crop productivity solutions, including seeds, seed traits, seed treatments, biologicals, high-value adjuvants and fertilizers. The company has developed a multi-discipline and multi-product platform capable of providing solutions throughout the entire crop cycle, from pre-planting to transportation and storage. The business divisions consist of crop protection, seed and integrated products, and crop nutrition. The company derives majority of its revenue from the crop protection division. Its product includes fertilizers, inoculants, adjuvants, crop protection solutions and seeds.