GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Adarsh Plant Protect Ltd (BOM:526711) » Definitions » Days Inventory

Adarsh Plant Protect (BOM:526711) Days Inventory : 91.64 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Adarsh Plant Protect Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adarsh Plant Protect's Average Total Inventories for the three months ended in Mar. 2024 was ₹41.4 Mil. Adarsh Plant Protect's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹41.3 Mil. Hence, Adarsh Plant Protect's Days Inventory for the three months ended in Mar. 2024 was 91.64.

The historical rank and industry rank for Adarsh Plant Protect's Days Inventory or its related term are showing as below:

BOM:526711' s Days Inventory Range Over the Past 10 Years
Min: 82.9   Med: 107.87   Max: 132.02
Current: 98.75

During the past 13 years, Adarsh Plant Protect's highest Days Inventory was 132.02. The lowest was 82.90. And the median was 107.87.

BOM:526711's Days Inventory is ranked better than
67.16% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.7 vs BOM:526711: 98.75

Adarsh Plant Protect's Days Inventory increased from Mar. 2023 (91.30) to Mar. 2024 (91.64). It might indicate that Adarsh Plant Protect's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adarsh Plant Protect's Inventory Turnover for the three months ended in Mar. 2024 was 1.00.

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. Adarsh Plant Protect's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


Adarsh Plant Protect Days Inventory Historical Data

The historical data trend for Adarsh Plant Protect'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.

Adarsh Plant Protect Days Inventory Chart

Adarsh Plant Protect 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 108.55 107.19 82.90 89.39 92.77

Adarsh Plant Protect 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 91.30 95.80 135.54 92.52 91.64

Competitive Comparison of Adarsh Plant Protect's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Adarsh Plant Protect'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.


Adarsh Plant Protect's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Adarsh Plant Protect's Days Inventory distribution charts can be found below:

* The bar in red indicates where Adarsh Plant Protect's Days Inventory falls into.



Adarsh Plant Protect Days Inventory Calculation

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

Adarsh Plant Protect'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
=( (31.594 + 41.437) / 2 ) / 143.668*365
=36.5155 / 143.668*365
=92.77

Adarsh Plant Protect'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 + 41.437) / 1 ) / 41.26*365 / 4
=41.437 / 41.26*365 / 4
=91.64

* 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.


Adarsh Plant Protect  (BOM:526711) 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.

Adarsh Plant Protect'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.

Adarsh Plant Protect'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.


Adarsh Plant Protect Days Inventory Related Terms

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


Adarsh Plant Protect (BOM:526711) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 604, G.I.D.C. Estate, Vitthal Udyognagar, Anand, GJ, IND, 388121
Adarsh Plant Protect Ltd is an Indian company which is engaged in manufacturing and selling plant protection and agricultural equipment. It mainly manufactures manual and battery-operated knapsack sprayer pumps, fertilizer dusters and broadcasters, and manual and power operated seed dressing drums. The agricultural equipment produces by the company includes hand-operated agricultural sprayer pumps, foot-operated agricultural sprayer pumps, rocker sprayer pumps, and others under the Adarsh brand. The company also manufactures barrels with MS/GI sheets, HMHDPE composite barrels of GI sheets, and inside epoxy lacquered MS barrels. The operating segments of the company are Agricultural Equipment, Barrel, and Eco Stove.

Adarsh Plant Protect (BOM:526711) Headlines

No Headlines