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Hatsun Agro Product (BOM:531531) Days Inventory : 93.37 (As of Mar. 2024)


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What is Hatsun Agro Product Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hatsun Agro Product's Average Total Inventories for the three months ended in Mar. 2024 was ₹14,523 Mil. Hatsun Agro Product's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14,193 Mil. Hence, Hatsun Agro Product's Days Inventory for the three months ended in Mar. 2024 was 93.37.

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

BOM:531531' s Days Inventory Range Over the Past 10 Years
Min: 28.67   Med: 42.28   Max: 65.89
Current: 62.01

During the past 13 years, Hatsun Agro Product's highest Days Inventory was 65.89. The lowest was 28.67. And the median was 42.28.

BOM:531531's Days Inventory is ranked better than
66.07% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.22 vs BOM:531531: 62.01

Hatsun Agro Product's Days Inventory increased from Mar. 2023 (40.14) to Mar. 2024 (93.37). It might indicate that Hatsun Agro Product'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. Hatsun Agro Product's Inventory Turnover for the three months ended in Mar. 2024 was 0.98.

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. Hatsun Agro Product's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Hatsun Agro Product Days Inventory Historical Data

The historical data trend for Hatsun Agro Product'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.

Hatsun Agro Product Days Inventory Chart

Hatsun Agro Product Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.57 45.23 48.57 41.74 65.89

Hatsun Agro Product Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 40.14 33.89 57.14 57.97 93.37

Competitive Comparison of Hatsun Agro Product's Days Inventory

For the Packaged Foods subindustry, Hatsun Agro Product'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.


Hatsun Agro Product's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hatsun Agro Product's Days Inventory falls into.



Hatsun Agro Product Days Inventory Calculation

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

Hatsun Agro Product'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
=( (5762.476 + 14523.24) / 2 ) / 56190.199*365
=10142.858 / 56190.199*365
=65.89

Hatsun Agro Product'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 + 14523.24) / 1 ) / 14193.413*365 / 4
=14523.24 / 14193.413*365 / 4
=93.37

* 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.


Hatsun Agro Product  (BOM:531531) 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.

Hatsun Agro Product's Inventory Turnover for the three months ended in Mar. 2024 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.

Hatsun Agro Product's Inventory to Revenue for the three months ended in Mar. 2024 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.


Hatsun Agro Product Days Inventory Related Terms

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


Hatsun Agro Product (BOM:531531) Business Description

Traded in Other Exchanges
Address
Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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