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ASI Industries (BOM:502015) Days Inventory : 444.24 (As of Dec. 2023)


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What is ASI Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ASI Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹81 Mil. ASI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹17 Mil. Hence, ASI Industries's Days Inventory for the three months ended in Dec. 2023 was 444.24.

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

BOM:502015' s Days Inventory Range Over the Past 10 Years
Min: 40.04   Med: 63.88   Max: 103.76
Current: 44.92

During the past 13 years, ASI Industries's highest Days Inventory was 103.76. The lowest was 40.04. And the median was 63.88.

BOM:502015's Days Inventory is ranked better than
78.13% of 663 companies
in the Metals & Mining industry
Industry Median: 88.64 vs BOM:502015: 44.92

ASI Industries's Days Inventory declined from Dec. 2022 (610.56) to Dec. 2023 (444.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. ASI Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.21.

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. ASI Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


ASI Industries Days Inventory Historical Data

The historical data trend for ASI Industries'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.

ASI Industries Days Inventory Chart

ASI Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.11 93.43 103.76 78.55 52.06

ASI Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 610.56 12.03 595.50 444.70 444.24

Competitive Comparison of ASI Industries's Days Inventory

For the Other Industrial Metals & Mining subindustry, ASI Industries'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.


ASI Industries's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ASI Industries's Days Inventory distribution charts can be found below:

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



ASI Industries Days Inventory Calculation

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

ASI Industries'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
=( (119.233 + 89.145) / 2 ) / 730.481*365
=104.189 / 730.481*365
=52.06

ASI Industries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (80.572 + 0) / 1 ) / 16.55*365 / 4
=80.572 / 16.55*365 / 4
=444.24

* 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.


ASI Industries  (BOM:502015) 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.

ASI Industries's Inventory Turnover for the three months ended in Dec. 2023 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.

ASI Industries's Inventory to Revenue for the three months ended in Dec. 2023 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.


ASI Industries Days Inventory Related Terms

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


ASI Industries (BOM:502015) Business Description

Traded in Other Exchanges
N/A
Address
Off Ganpatrao Kadam Marg, Marathon Innova, A Wing, 7th floor, Lower Parel, Mumbai, MH, IND, 400 013
ASI Industries Ltd is an industrial metal and mining company. The Company is engaged in the mining and processing of natural stones. Its operating segments include Stone and Wind Power. The company's product offerings are Kota Stone, Sandstone, and others. It generates a majority of revenue from the Stone segment. Geographically, it derives maximum revenue from India.

ASI Industries (BOM:502015) Headlines

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