ACC (BOM:500410) Days Inventory : 97.47 (As of Mar. 2024)

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What is ACC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ACC's Average Total Inventories for the three months ended in Mar. 2024 was ₹18,686 Mil. ACC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹17,492 Mil. Hence, ACC's Days Inventory for the three months ended in Mar. 2024 was 97.47.

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

BOM:500410' s Days Inventory Range Over the Past 10 Years
Min: 54.37 Med: 150.37 Max: 173.85
Current: 113.68

During the past 13 years, ACC's highest Days Inventory was 173.85. The lowest was 54.37. And the median was 150.37.

BOM:500410's Days Inventory is ranked worse than
65.12% of 367 companies
in the Building Materials industry
Industry Median: 83.39 vs BOM:500410: 113.68

ACC's Days Inventory increased from Dec. 2022 (0.00) to Mar. 2024 (97.47). It might indicate that ACC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ACC's Inventory Turnover for the three months ended in Mar. 2024 was 0.94.

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. ACC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.35.

ACC Days Inventory Historical Data

The historical data trend for ACC'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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ACC Days Inventory Chart

ACC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar24

Days Inventory

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164.41

136.20

110.86

54.37

98.68

ACC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	123.47	119.18	97.47

Competitive Comparison of ACC's Days Inventory

For the Building Materials subindustry, ACC'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.

ACC's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ACC's Days Inventory distribution charts can be found below:

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

ACC Days Inventory Calculation

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

ACC'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: Dec. 2021 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (12739.1	+	18685.5)	/	2 )	/	58116.3	*	365
=	15712.3					/	58116.3	*	365
=	98.68

ACC'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	+	18685.5)	/	1 )	/	17492.4	*	365 / 4
=	18685.5					/	17492.4	*	365 / 4
=	97.47

ACC (BOM:500410) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17492.4	/	18685.5
	=	0.94

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18685.5	/	54087.2
	=	0.35

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.

ACC Days Inventory Related Terms

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

ACC (BOM:500410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ACC Ltd (BOM:500410) » Definitions » Days Inventory

Traded in Other Exchanges

ACC:India

Address

121, Maharshi Karve Road, Cement House, Mumbai, IND, 400020

Website

https://www.acclimited.com

ACC Ltd manufactures and sells cement, concrete, and cement-related products under the ACC brand. The firm operates in two segments based on the product: Cement and Ready Mix Concrete. The Cement segment, which generates the vast majority of revenue, sells cement to the construction and building industries as well as home improvement retailers. The Ready Mix Concrete segment sells concrete for infrastructure, industrial construction, and mass housing projects. Nearly all of the firm's revenue comes from India.

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