Alkali Metals (BOM:533029) Days Inventory : 223.93 (As of Dec. 2023)

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What is Alkali Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alkali Metals's Average Total Inventories for the three months ended in Dec. 2023 was ₹323.1 Mil. Alkali Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹131.7 Mil. Hence, Alkali Metals's Days Inventory for the three months ended in Dec. 2023 was 223.93.

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

BOM:533029' s Days Inventory Range Over the Past 10 Years
Min: 128.72 Med: 192.06 Max: 384.29
Current: 336.04

During the past 13 years, Alkali Metals's highest Days Inventory was 384.29. The lowest was 128.72. And the median was 192.06.

BOM:533029's Days Inventory is ranked worse than
96.52% of 1493 companies
in the Chemicals industry
Industry Median: 82.5 vs BOM:533029: 336.04

Alkali Metals's Days Inventory declined from Sep. 2022 (286.82) to Dec. 2023 (223.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alkali Metals's Inventory Turnover for the three months ended in Dec. 2023 was 0.41.

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. Alkali Metals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.32.

Alkali Metals Days Inventory Historical Data

The historical data trend for Alkali Metals'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.

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Alkali Metals Days Inventory Chart

Alkali Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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194.23

217.84

384.29

223.07

234.25

Alkali Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															286.82	292.45	197.91	425.38	223.93

Competitive Comparison of Alkali Metals's Days Inventory

For the Specialty Chemicals subindustry, Alkali Metals'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.

Alkali Metals's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alkali Metals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alkali Metals's Days Inventory falls into.

Alkali Metals Days Inventory Calculation

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

Alkali Metals's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (256.995	+	282.24)	/	2 )	/	420.105	*	365
=	269.6175					/	420.105	*	365
=	234.25

Alkali Metals'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
=	( (323.07	+	0)	/	1 )	/	131.651	*	365 / 4
=	323.07					/	131.651	*	365 / 4
=	223.93

Alkali Metals (BOM:533029) 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.

Alkali Metals's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	131.651	/	323.07
	=	0.41

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.

Alkali Metals's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	323.07	/	245.464
	=	1.32

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.

Alkali Metals Days Inventory Related Terms

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

Alkali Metals (BOM:533029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alkali Metals Ltd (BOM:533029) » Definitions » Days Inventory

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Traded in Other Exchanges

ALKALI:India

Address

Plot B-5, Block III, Industrial Development Area, Uppal, Hyderabad, TG, IND, 500 039

Website

https://www.alkalimetals.com

Alkali Metals Ltd operates in the chemical industry. It is engaged in the manufacturing and sale of chemicals. Geographically, it derives a majority of its revenue from External segment. The product portfolio includes sodium and other metal derivatives like amides, hydrides, alkoxides, azides and tetrazoles, pyridine compounds, cyclic compounds, and others.

Alkali Metals (BOM:533029) Headlines

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