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Fertilizantes Heringer (BSP:FHER3) Days Inventory : 91.73 (As of Mar. 2024)


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What is Fertilizantes Heringer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fertilizantes Heringer's Average Total Inventories for the three months ended in Mar. 2024 was R$958 Mil. Fertilizantes Heringer's Cost of Goods Sold for the three months ended in Mar. 2024 was R$953 Mil. Hence, Fertilizantes Heringer's Days Inventory for the three months ended in Mar. 2024 was 91.73.

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

BSP:FHER3' s Days Inventory Range Over the Past 10 Years
Min: 53.2   Med: 72.83   Max: 109.87
Current: 78.03

During the past 13 years, Fertilizantes Heringer's highest Days Inventory was 109.87. The lowest was 53.20. And the median was 72.83.

BSP:FHER3's Days Inventory is ranked better than
69% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs BSP:FHER3: 78.03

Fertilizantes Heringer's Days Inventory increased from Mar. 2023 (77.07) to Mar. 2024 (91.73). It might indicate that Fertilizantes Heringer's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fertilizantes Heringer's Inventory Turnover for the three months ended in Mar. 2024 was 0.99.

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. Fertilizantes Heringer's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.99.


Fertilizantes Heringer Days Inventory Historical Data

The historical data trend for Fertilizantes Heringer'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.

Fertilizantes Heringer Days Inventory Chart

Fertilizantes Heringer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.50 77.50 109.87 99.31 86.24

Fertilizantes Heringer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.07 104.67 67.73 69.76 91.73

Competitive Comparison of Fertilizantes Heringer's Days Inventory

For the Agricultural Inputs subindustry, Fertilizantes Heringer'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.


Fertilizantes Heringer's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Fertilizantes Heringer's Days Inventory falls into.



Fertilizantes Heringer Days Inventory Calculation

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

Fertilizantes Heringer'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
=( (1446.657 + 1070.715) / 2 ) / 5327.169*365
=1258.686 / 5327.169*365
=86.24

Fertilizantes Heringer'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
=( (1070.715 + 844.921) / 2 ) / 952.799*365 / 4
=957.818 / 952.799*365 / 4
=91.73

* 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.


Fertilizantes Heringer  (BSP:FHER3) 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.

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

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.

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

* 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.


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.


Fertilizantes Heringer Days Inventory Related Terms

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


Fertilizantes Heringer (BSP:FHER3) Business Description

Traded in Other Exchanges
N/A
Address
Avendia Idalino Carvalho, S/N, Bairro Areinha, Viana, ES, BRA, 29135000
Fertilizantes Heringer SA is engaged in the production, marketing, and distribution of fertilizers in Brazil. It offers basic fertilizers, NPK formulas, and special fertilizers. The company also offers various services such as soil analysis incentive programs, technical lectures for farmers, pre-and after-sales support, and specialized technical guidance. The company has two segments: The industrial segment, which comprises the sulfuric acid and single super phosphate plant located in Paranagua; and the Mixing segment, which comprises the company's 11 mixing units. The firm generates the majority of its revenues from the mixing segment.

Fertilizantes Heringer (BSP:FHER3) Headlines

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