Annapurna Swadisht (NSE:ANNAPURNA) Days Inventory : 57.15 (As of Sep. 2023)

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What is Annapurna Swadisht Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Annapurna Swadisht's Average Total Inventories for the six months ended in Sep. 2023 was ₹272 Mil. Annapurna Swadisht's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹868 Mil. Hence, Annapurna Swadisht's Days Inventory for the six months ended in Sep. 2023 was 57.15.

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

NSE:ANNAPURNA' s Days Inventory Range Over the Past 10 Years
Min: 22.82 Med: 35.12 Max: 57.69
Current: 56.05

During the past 4 years, Annapurna Swadisht's highest Days Inventory was 57.69. The lowest was 22.82. And the median was 35.12.

NSE:ANNAPURNA's Days Inventory is ranked better than
70.59% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs NSE:ANNAPURNA: 56.05

Annapurna Swadisht's Days Inventory declined from Sep. 2022 (75.27) to Sep. 2023 (57.15).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Annapurna Swadisht's Inventory Turnover for the six months ended in Sep. 2023 was 3.19.

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. Annapurna Swadisht's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.21.

Annapurna Swadisht Days Inventory Historical Data

The historical data trend for Annapurna Swadisht'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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Annapurna Swadisht Days Inventory Chart

Annapurna Swadisht Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

22.82

35.12

57.69

Annapurna Swadisht Semi-Annual Data
	Mar20	Mar21	Sep21	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	24.84	75.27	60.95	57.15

Competitive Comparison of Annapurna Swadisht's Days Inventory

For the Packaged Foods subindustry, Annapurna Swadisht'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.

Annapurna Swadisht's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Annapurna Swadisht's Days Inventory falls into.

Annapurna Swadisht Days Inventory Calculation

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

Annapurna Swadisht'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
=	( (80.887	+	293.895)	/	2 )	/	1185.518	*	365
=	187.391					/	1185.518	*	365
=	57.69

Annapurna Swadisht's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (293.895	+	249.726)	/	2 )	/	868.038	*	365 / 2
=	271.8105					/	868.038	*	365 / 2
=	57.15

Annapurna Swadisht (NSE:ANNAPURNA) 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.

Annapurna Swadisht's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	868.038	/	271.8105
	=	3.19

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.

Annapurna Swadisht's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	271.8105	/	1311.35
	=	0.21

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.

Annapurna Swadisht Days Inventory Related Terms

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

Annapurna Swadisht (NSE:ANNAPURNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Annapurna Swadisht Ltd (NSE:ANNAPURNA) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Jawaharlal Nehru Road, Chatterjee International Building, 13th Floor, Unit No. A01 and A02, 33A, Kolkata, WB, IND, 700071

Website

https://www.annapurnasnacks.in

Annapurna Swadisht Ltd is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips, and Gohona Bori. It sells more than 12 Lakh packets of products daily. The company's products are marketed under its own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others. The company operates only in one segment, namely the manufacturing of food products.

Annapurna Swadisht (NSE:ANNAPURNA) Headlines

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