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Upsurge Seeds of Agriculture (NSE:USASEEDS) Days Inventory : 215.98 (As of Mar. 2024)


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What is Upsurge Seeds of Agriculture Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Upsurge Seeds of Agriculture's Average Total Inventories for the six months ended in Mar. 2024 was ₹592 Mil. Upsurge Seeds of Agriculture's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹500 Mil. Hence, Upsurge Seeds of Agriculture's Days Inventory for the six months ended in Mar. 2024 was 215.98.

The historical rank and industry rank for Upsurge Seeds of Agriculture's Days Inventory or its related term are showing as below:

NSE:USASEEDS' s Days Inventory Range Over the Past 10 Years
Min: 17   Med: 81.42   Max: 250.19
Current: 198.21

During the past 5 years, Upsurge Seeds of Agriculture's highest Days Inventory was 250.19. The lowest was 17.00. And the median was 81.42.

NSE:USASEEDS's Days Inventory is ranked worse than
79.91% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs NSE:USASEEDS: 198.21

Upsurge Seeds of Agriculture's Days Inventory increased from Mar. 2023 (188.45) to Mar. 2024 (215.98). It might indicate that Upsurge Seeds of Agriculture's sales slowed down.

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. Upsurge Seeds of Agriculture's Inventory Turnover for the six months ended in Mar. 2024 was 0.84.

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. Upsurge Seeds of Agriculture's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.99.


Upsurge Seeds of Agriculture Days Inventory Historical Data

The historical data trend for Upsurge Seeds of Agriculture'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.

Upsurge Seeds of Agriculture Days Inventory Chart

Upsurge Seeds of Agriculture Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
39.34 17.00 81.42 250.19 236.91

Upsurge Seeds of Agriculture Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial 133.38 160.53 188.45 151.36 215.98

Competitive Comparison of Upsurge Seeds of Agriculture's Days Inventory

For the Agricultural Inputs subindustry, Upsurge Seeds of Agriculture'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.


Upsurge Seeds of Agriculture's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Upsurge Seeds of Agriculture's Days Inventory distribution charts can be found below:

* The bar in red indicates where Upsurge Seeds of Agriculture's Days Inventory falls into.



Upsurge Seeds of Agriculture Days Inventory Calculation

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

Upsurge Seeds of Agriculture'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
=( (730.787 + 794.588) / 2 ) / 1175.037*365
=762.6875 / 1175.037*365
=236.91

Upsurge Seeds of Agriculture'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (388.911 + 794.588) / 2 ) / 500.012*365 / 2
=591.7495 / 500.012*365 / 2
=215.98

* 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.


Upsurge Seeds of Agriculture  (NSE:USASEEDS) 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.

Upsurge Seeds of Agriculture's Inventory Turnover for the six 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.

Upsurge Seeds of Agriculture's Inventory to Revenue for the six 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.


Upsurge Seeds of Agriculture Days Inventory Related Terms

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


Upsurge Seeds of Agriculture (NSE:USASEEDS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 17, Shreenathji Industrial Estate, National Highway 8-B, Kuvadva, Rajkot, GJ, IND, 360023
Upsurge Seeds of Agriculture Ltd is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing a variety of seeds for a range of field crops and vegetables. The company's product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek and others.

Upsurge Seeds of Agriculture (NSE:USASEEDS) Headlines

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