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Adarsh Mercantile (BOM:538563) Days Inventory : 0.00 (As of Dec. 2023)


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What is Adarsh Mercantile Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adarsh Mercantile's Average Total Inventories for the three months ended in Dec. 2023 was ₹4.02 Mil. Adarsh Mercantile's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹-0.69 Mil.

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

BOM:538563' s Days Inventory Range Over the Past 10 Years
Min: 51.56   Med: 141.09   Max: 791.64
Current: 791.64

During the past 10 years, Adarsh Mercantile's highest Days Inventory was 791.64. The lowest was 51.56. And the median was 141.09.

BOM:538563's Days Inventory is ranked worse than
97.52% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs BOM:538563: 791.64

Adarsh Mercantile's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Adarsh Mercantile's Inventory Turnover for the three months ended in Dec. 2023 was -0.17.

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.


Adarsh Mercantile Days Inventory Historical Data

The historical data trend for Adarsh Mercantile'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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Adarsh Mercantile Days Inventory Chart

Adarsh Mercantile 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 261.59 168.13 90.39 - -

Adarsh Mercantile 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 - - - - -

Competitive Comparison of Adarsh Mercantile's Days Inventory

For the Textile Manufacturing subindustry, Adarsh Mercantile'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.


Adarsh Mercantile's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adarsh Mercantile's Days Inventory distribution charts can be found below:

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



Adarsh Mercantile Days Inventory Calculation

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

Adarsh Mercantile'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 + 0) / 1 ) / 3.049*365
=0 / 3.049*365
=0.00

Adarsh Mercantile'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
=( (4.021 + 0) / 1 ) / -0.692*365 / 4
=4.021 / -0.692*365 / 4
=N/A

* 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.


Adarsh Mercantile  (BOM:538563) 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.

Adarsh Mercantile'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.

Adarsh Mercantile'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.


Adarsh Mercantile Days Inventory Related Terms

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


Adarsh Mercantile (BOM:538563) Business Description

Traded in Other Exchanges
N/A
Address
3, Alipore Road, 8A and 8B, Satyam Towers, Kolkata, WB, IND, 700 027
Adarsh Mercantile Ltd is an Indian company that operates in the commodity and financial services industry. The company is engaged in the business of trading goods, trading and investment in shares and securities. It is also engaged in investment in property. The company generates maximum revenue from the sale of Green tea leaf.

Adarsh Mercantile (BOM:538563) Headlines

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