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Agro Tech Foods (BOM:500215) Days Inventory : 117.22 (As of Mar. 2024)


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What is Agro Tech Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Agro Tech Foods's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,458 Mil. Agro Tech Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,135 Mil. Hence, Agro Tech Foods's Days Inventory for the three months ended in Mar. 2024 was 117.22.

The historical rank and industry rank for Agro Tech Foods's Days Inventory or its related term are showing as below:

BOM:500215' s Days Inventory Range Over the Past 10 Years
Min: 51.77   Med: 78.65   Max: 121.08
Current: 118.57

During the past 13 years, Agro Tech Foods's highest Days Inventory was 121.08. The lowest was 51.77. And the median was 78.65.

BOM:500215's Days Inventory is ranked worse than
68.57% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs BOM:500215: 118.57

Agro Tech Foods's Days Inventory declined from Mar. 2023 (118.88) to Mar. 2024 (117.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Agro Tech Foods's Inventory Turnover for the three months ended in Mar. 2024 was 0.78.

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. Agro Tech Foods's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.82.


Agro Tech Foods Days Inventory Historical Data

The historical data trend for Agro Tech Foods'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.

Agro Tech Foods Days Inventory Chart

Agro Tech Foods Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.77 59.20 81.49 106.70 121.08

Agro Tech Foods 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 118.88 130.96 109.06 112.61 117.22

Competitive Comparison of Agro Tech Foods's Days Inventory

For the Packaged Foods subindustry, Agro Tech Foods'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.


Agro Tech Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agro Tech Foods's Days Inventory distribution charts can be found below:

* The bar in red indicates where Agro Tech Foods's Days Inventory falls into.



Agro Tech Foods Days Inventory Calculation

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

Agro Tech Foods's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1660.98 + 1458) / 2 ) / 4701.3*365
=1559.49 / 4701.3*365
=121.08

Agro Tech Foods'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
=( (0 + 1458) / 1 ) / 1135*365 / 4
=1458 / 1135*365 / 4
=117.22

* 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.


Agro Tech Foods  (BOM:500215) 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.

Agro Tech Foods'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.

Agro Tech Foods'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.


Agro Tech Foods Days Inventory Related Terms

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


Agro Tech Foods (BOM:500215) Business Description

Traded in Other Exchanges
Address
Phase - II, DLF Cyber City, Tower C, 15th Floor, Building No. 10, Gurugram, HR, IND, 122002
Agro Tech Foods Ltd is an India-based company that engages in the business of manufacturing and marketing food and food ingredients to consumers and institutional customers. The company offers refined oil and ready-to-cook food products. The products are offered under the brand name Sundrop Oils, ACT II Popcorn, Sundrop Peanut Butter, Crystal, and others. Geographically, the firm generates a majority of its revenue from India.

Agro Tech Foods (BOM:500215) Headlines

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