Avenue Supermarts (BOM:540376) Days Inventory : 31.10 (As of Dec. 2023)

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What is Avenue Supermarts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Avenue Supermarts's Average Total Inventories for the three months ended in Dec. 2023 was ₹39,371 Mil. Avenue Supermarts's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹115,523 Mil. Hence, Avenue Supermarts's Days Inventory for the three months ended in Dec. 2023 was 31.10.

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

BOM:540376' s Days Inventory Range Over the Past 10 Years
Min: 29.1 Med: 30.3 Max: 37.2
Current: 31.73

During the past 12 years, Avenue Supermarts's highest Days Inventory was 37.20. The lowest was 29.10. And the median was 30.30.

BOM:540376's Days Inventory is ranked better than
56.95% of 302 companies
in the Retail - Defensive industry
Industry Median: 36.205 vs BOM:540376: 31.73

Avenue Supermarts's Days Inventory declined from Dec. 2022 (33.79) to Dec. 2023 (31.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Avenue Supermarts's Inventory Turnover for the three months ended in Dec. 2023 was 2.93.

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. Avenue Supermarts's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.

Avenue Supermarts Days Inventory Historical Data

The historical data trend for Avenue Supermarts'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.

Avenue Supermarts Days Inventory Chart

Avenue Supermarts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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29.65

30.69

37.20

34.47

30.00

Avenue Supermarts 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															33.79	32.40	29.41	33.35	31.10

Competitive Comparison of Avenue Supermarts's Days Inventory

For the Discount Stores subindustry, Avenue Supermarts'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.

Avenue Supermarts's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Days Inventory distribution charts can be found below:

* The bar in red indicates where Avenue Supermarts's Days Inventory falls into.

Avenue Supermarts Days Inventory Calculation

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

Avenue Supermarts'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
=	( (27426.6	+	32434.8)	/	2 )	/	364139.1	*	365
=	29930.7					/	364139.1	*	365
=	30.00

Avenue Supermarts'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
=	( (39371.2	+	0)	/	1 )	/	115523.1	*	365 / 4
=	39371.2					/	115523.1	*	365 / 4
=	31.10

Avenue Supermarts (BOM:540376) 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.

Avenue Supermarts's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	115523.1	/	39371.2
	=	2.93

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.

Avenue Supermarts's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39371.2	/	135724.7
	=	0.29

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.

Avenue Supermarts Days Inventory Related Terms

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

Avenue Supermarts (BOM:540376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Avenue Supermarts Ltd (BOM:540376) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DMART:India

Address

Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400 604

Website

https://www.dmartindia.com

Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.

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