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Best Agrolife (BOM:539660) Days Inventory : 600.58 (As of Mar. 2024)


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What is Best Agrolife Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Best Agrolife's Average Total Inventories for the three months ended in Mar. 2024 was ₹9,579 Mil. Best Agrolife's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,455 Mil. Hence, Best Agrolife's Days Inventory for the three months ended in Mar. 2024 was 600.58.

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

BOM:539660' s Days Inventory Range Over the Past 10 Years
Min: 29.88   Med: 74   Max: 219.88
Current: 219.88

During the past 10 years, Best Agrolife's highest Days Inventory was 219.88. The lowest was 29.88. And the median was 74.00.

BOM:539660's Days Inventory is ranked worse than
85.59% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs BOM:539660: 219.88

Best Agrolife's Days Inventory increased from Mar. 2023 (314.49) to Mar. 2024 (600.58). It might indicate that Best Agrolife'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. Best Agrolife's Inventory Turnover for the three months ended in Mar. 2024 was 0.15.

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. Best Agrolife's Inventory-to-Revenue for the three months ended in Mar. 2024 was 7.08.


Best Agrolife Days Inventory Historical Data

The historical data trend for Best Agrolife'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.

Best Agrolife Days Inventory Chart

Best Agrolife 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 41.62 50.07 112.49 169.56 215.02

Best Agrolife 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 314.49 150.75 135.96 334.35 600.58

Competitive Comparison of Best Agrolife's Days Inventory

For the Agricultural Inputs subindustry, Best Agrolife'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.


Best Agrolife's Days Inventory Distribution in the Agriculture Industry

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

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



Best Agrolife Days Inventory Calculation

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

Best Agrolife'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
=( (7087.903 + 9579.25) / 2 ) / 14146.15*365
=8333.5765 / 14146.15*365
=215.02

Best Agrolife'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 + 9579.25) / 1 ) / 1455.43*365 / 4
=9579.25 / 1455.43*365 / 4
=600.58

* 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.


Best Agrolife  (BOM:539660) 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.

Best Agrolife'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.

Best Agrolife'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.


Best Agrolife Days Inventory Related Terms

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


Best Agrolife (BOM:539660) Business Description

Traded in Other Exchanges
Address
B-4, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi, IND, 110026
Best Agrolife Ltd operates in the agrochemical industry. The company's operating segment is the Trading of Agro-based products. Its product range includes Insecticides, Herbicides, Fungicides, Plant growth regulators, and others. It sells the products in India.

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