Arham Technologies (NSE:SMARHAM) Days Inventory : 104.27 (As of Mar. 2023)

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What is Arham Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arham Technologies's Average Total Inventories for the six months ended in Mar. 2023 was ₹128.9 Mil. Arham Technologies's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹225.6 Mil. Hence, Arham Technologies's Days Inventory for the six months ended in Mar. 2023 was 104.27.

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

NSE:SMARHAM' s Days Inventory Range Over the Past 10 Years
Min: 100.11 Med: 106.83 Max: 119.88
Current: 106.39

During the past 4 years, Arham Technologies's highest Days Inventory was 119.88. The lowest was 100.11. And the median was 106.83.

NSE:SMARHAM's Days Inventory is ranked worse than
52.12% of 2406 companies
in the Hardware industry
Industry Median: 101.81 vs NSE:SMARHAM: 106.39

Arham Technologies's Days Inventory increased from Mar. 2022 (0.00) to Mar. 2023 (104.27). It might indicate that Arham Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arham Technologies's Inventory Turnover for the six months ended in Mar. 2023 was 1.75.

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. Arham Technologies's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.48.

Arham Technologies Days Inventory Historical Data

The historical data trend for Arham Technologies'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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Arham Technologies Days Inventory Chart

Arham Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

105.52

119.88

108.14

100.11

Arham Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Days Inventory	-	-	-	116.18	104.27

Competitive Comparison of Arham Technologies's Days Inventory

For the Consumer Electronics subindustry, Arham Technologies'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.

Arham Technologies's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arham Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arham Technologies's Days Inventory falls into.

Arham Technologies Days Inventory Calculation

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

Arham Technologies'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
=	( (95.181	+	126.247)	/	2 )	/	403.662	*	365
=	110.714					/	403.662	*	365
=	100.11

Arham Technologies's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (131.538	+	126.247)	/	2 )	/	225.591	*	365 / 2
=	128.8925					/	225.591	*	365 / 2
=	104.27

Arham Technologies (NSE:SMARHAM) 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.

Arham Technologies's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	225.591	/	128.8925
	=	1.75

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.

Arham Technologies's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	128.8925	/	270.568
	=	0.48

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.

Arham Technologies Days Inventory Related Terms

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

Arham Technologies (NSE:SMARHAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arham Technologies Ltd (NSE:SMARHAM) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

5 Chitrakoot Complex, Opp Vyavsayik Sahkari Bank, Jawahar Nagar, Raipur, CT, IND, 492001

Website

https://www.arhamtechnologies.co.in

Arham Technologies Ltd is engaged in the manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand STARSHINE. It's business segment is Manufacturing of Consumer Electronics & Appliances and principal geographical segment is India. The company also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers.

Arham Technologies (NSE:SMARHAM) Headlines

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