Inventory Changes
Farm Business Management - Moorhead
Northland Community & Technical College
(Farms Sorted By Net Farm Income)

	Avg. Of
	All Farms	Low 20%	40 - 60%	High 20%

Number of farms	77	15	16	16

Net cash farm income	121,529	27,882	108,461	243,465

Crops and Feed
Ending inventory	344,729	58,081	349,754	636,870
Beginning inventory	257,853	50,273	254,157	431,357
Inventory change	86,876	7,808	95,597	205,513

Market Livestock
Ending inventory	-	-	-	-
Beginning inventory	-	-	-	-
Inventory change	-	-	-	-

Accts Receivable & Other Current Assets
Ending inventory	20,590	2,409	11,160	36,603
Beginning inventory	18,014	2,148	10,815	30,436
Inventory change	2,576	260	345	6,168

Prepaid Expenses and Supplies
Ending inventory	56,159	4,871	34,989	149,266
Beginning inventory	43,470	7,836	29,606	100,822
Inventory change	12,690	-2,965	5,383	48,445

Accounts Payable & Accrued Expenses
Beginning inventory	34,164	5,678	25,606	41,254
Ending inventory	32,321	8,357	39,642	43,752
Inventory change	1,843	-2,679	-14,036	-2,498

Total inventory change	103,985	2,424	87,289	257,627

Net operating profit	225,514	30,306	195,750	501,092