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Arunjyoti Bio Ventures (BOM:530881) Days Inventory : 21.56 (As of Dec. 2023)


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What is Arunjyoti Bio Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arunjyoti Bio Ventures's Average Total Inventories for the three months ended in Dec. 2023 was ₹2.7 Mil. Arunjyoti Bio Ventures's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹11.6 Mil. Hence, Arunjyoti Bio Ventures's Days Inventory for the three months ended in Dec. 2023 was 21.56.

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

BOM:530881' s Days Inventory Range Over the Past 10 Years
Min: 2.1   Med: 16.74   Max: 215.91
Current: 36.17

During the past 13 years, Arunjyoti Bio Ventures's highest Days Inventory was 215.91. The lowest was 2.10. And the median was 16.74.

BOM:530881's Days Inventory is ranked better than
93.45% of 229 companies
in the Agriculture industry
Industry Median: 111.36 vs BOM:530881: 36.17

Arunjyoti Bio Ventures's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (21.56). It might indicate that Arunjyoti Bio Ventures'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. Arunjyoti Bio Ventures's Inventory Turnover for the three months ended in Dec. 2023 was 4.23.

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. Arunjyoti Bio Ventures's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Arunjyoti Bio Ventures Days Inventory Historical Data

The historical data trend for Arunjyoti Bio Ventures'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.

Arunjyoti Bio Ventures Days Inventory Chart

Arunjyoti Bio Ventures 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 61.45 16.74 2.10 3.28 215.91

Arunjyoti Bio Ventures 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 - 75.26 41.51 14.93 21.56

Competitive Comparison of Arunjyoti Bio Ventures's Days Inventory

For the Agricultural Inputs subindustry, Arunjyoti Bio Ventures'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.


Arunjyoti Bio Ventures's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Arunjyoti Bio Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arunjyoti Bio Ventures's Days Inventory falls into.



Arunjyoti Bio Ventures Days Inventory Calculation

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

Arunjyoti Bio Ventures'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
=( (0 + 8.848) / 1 ) / 14.958*365
=8.848 / 14.958*365
=215.91

Arunjyoti Bio Ventures'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
=( (2.729 + 0) / 1 ) / 11.552*365 / 4
=2.729 / 11.552*365 / 4
=21.56

* 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.


Arunjyoti Bio Ventures  (BOM:530881) 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.

Arunjyoti Bio Ventures'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.

Arunjyoti Bio Ventures'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.


Arunjyoti Bio Ventures Days Inventory Related Terms

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


Arunjyoti Bio Ventures (BOM:530881) Business Description

Traded in Other Exchanges
N/A
Address
Door No.1-98/1/JSIC/6F, 604-B6th Floor, Jain Sadhguru Capital Park, Beside Image Gardens, Madhapur, Shaikpet, Secunderabad, TG, IND, 500081
Arunjyoti Bio Ventures Ltd is an Indian based firm engaged in the purchase and sale of fertilizers, Bio pesticides and agri inputs.

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