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Aartech Solonics (BOM:542580) Days Inventory : 109.43 (As of Sep. 2023)


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What is Aartech Solonics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aartech Solonics's Average Total Inventories for the six months ended in Sep. 2023 was ₹63.0 Mil. Aartech Solonics's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹105.1 Mil. Hence, Aartech Solonics's Days Inventory for the six months ended in Sep. 2023 was 109.43.

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

BOM:542580' s Days Inventory Range Over the Past 10 Years
Min: 99.97   Med: 140.52   Max: 260.43
Current: 105.67

During the past 9 years, Aartech Solonics's highest Days Inventory was 260.43. The lowest was 99.97. And the median was 140.52.

BOM:542580's Days Inventory is ranked better than
57.95% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs BOM:542580: 105.67

Aartech Solonics's Days Inventory declined from Sep. 2022 (160.81) to Sep. 2023 (109.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aartech Solonics's Inventory Turnover for the six months ended in Sep. 2023 was 1.67.

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. Aartech Solonics's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.41.


Aartech Solonics Days Inventory Historical Data

The historical data trend for Aartech Solonics'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.

Aartech Solonics Days Inventory Chart

Aartech Solonics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 260.43 244.74 124.40 99.97 106.87

Aartech Solonics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 172.24 86.69 160.81 95.47 109.43

Competitive Comparison of Aartech Solonics's Days Inventory

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.


Aartech Solonics's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aartech Solonics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aartech Solonics's Days Inventory falls into.



Aartech Solonics Days Inventory Calculation

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

Aartech Solonics'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
=( (27.554 + 51.289) / 2 ) / 134.636*365
=39.4215 / 134.636*365
=106.87

Aartech Solonics's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (51.289 + 74.782) / 2 ) / 105.122*365 / 2
=63.0355 / 105.122*365 / 2
=109.43

* 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.


Aartech Solonics  (BOM:542580) 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.

Aartech Solonics's Inventory Turnover for the six months ended in Sep. 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.

Aartech Solonics's Inventory to Revenue for the six months ended in Sep. 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.


Aartech Solonics Days Inventory Related Terms

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


Aartech Solonics (BOM:542580) Business Description

Traded in Other Exchanges
Address
E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016
Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

Aartech Solonics (BOM:542580) Headlines

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