Aarti Pharmalabs (BOM:543748) Days Inventory : 231.75 (As of Mar. 2024)

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What is Aarti Pharmalabs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aarti Pharmalabs's Average Total Inventories for the three months ended in Mar. 2024 was ₹6,429 Mil. Aarti Pharmalabs's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,531 Mil. Hence, Aarti Pharmalabs's Days Inventory for the three months ended in Mar. 2024 was 231.75.

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

BOM:543748' s Days Inventory Range Over the Past 10 Years
Min: 168.11 Med: 197.27 Max: 222.58
Current: 220.21

During the past 4 years, Aarti Pharmalabs's highest Days Inventory was 222.58. The lowest was 168.11. And the median was 197.27.

BOM:543748's Days Inventory is ranked worse than
70.87% of 968 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs BOM:543748: 220.21

Aarti Pharmalabs's Days Inventory increased from Mar. 2023 (184.56) to Mar. 2024 (231.75). It might indicate that Aarti Pharmalabs'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. Aarti Pharmalabs's Inventory Turnover for the three months ended in Mar. 2024 was 0.39.

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. Aarti Pharmalabs's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.27.

Aarti Pharmalabs Days Inventory Historical Data

The historical data trend for Aarti Pharmalabs'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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Aarti Pharmalabs Days Inventory Chart

Aarti Pharmalabs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

197.27

168.11

222.58

Aarti Pharmalabs Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial					184.56	202.78	217.97	224.94	231.75

Competitive Comparison of Aarti Pharmalabs's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Aarti Pharmalabs'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.

Aarti Pharmalabs's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aarti Pharmalabs's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aarti Pharmalabs's Days Inventory falls into.

Aarti Pharmalabs Days Inventory Calculation

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

Aarti Pharmalabs'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
=	( (6020.41	+	6428.6)	/	2 )	/	10207.2	*	365
=	6224.505					/	10207.2	*	365
=	222.58

Aarti Pharmalabs'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	+	6428.6)	/	1 )	/	2531.2	*	365 / 4
=	6428.6					/	2531.2	*	365 / 4
=	231.75

Aarti Pharmalabs (BOM:543748) 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.

Aarti Pharmalabs's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2531.2	/	6428.6
	=	0.39

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.

Aarti Pharmalabs's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6428.6	/	5057.7
	=	1.27

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.

Aarti Pharmalabs Days Inventory Related Terms

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

Aarti Pharmalabs (BOM:543748) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aarti Pharmalabs Ltd (BOM:543748) » Definitions » Days Inventory

Traded in Other Exchanges

AARTIPHARM:India

Address

204, Udyog Kshetra, Mulund Goregaon Link Road, 2nd floor,, Mulund West, Mumbai, MH, IND, 400080

Website

https://www.aartipharmalabs.com

Aarti Pharmalabs Ltd manufactures pharmaceuticals and nutraceuticals with a footprint. It manufactures Active Pharmaceutical Ingredients (API), pharmaceutical intermediates, New Chemical Entities (NCE), and xanthine derivatives.

Aarti Pharmalabs (BOM:543748) Headlines

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