HMA Agro Industries (BOM:543929) Days Inventory : 16.80 (As of Mar. 2024)

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What is HMA Agro Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HMA Agro Industries's Average Total Inventories for the six months ended in Mar. 2024 was ₹2,064 Mil. HMA Agro Industries's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹22,411 Mil. Hence, HMA Agro Industries's Days Inventory for the six months ended in Mar. 2024 was 16.80.

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

BOM:543929' s Days Inventory Range Over the Past 10 Years
Min: 14.8 Med: 21 Max: 37.83
Current: 18.7

During the past 6 years, HMA Agro Industries's highest Days Inventory was 37.83. The lowest was 14.80. And the median was 21.00.

BOM:543929's Days Inventory is ranked better than
95.12% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 82.815 vs BOM:543929: 18.70

HMA Agro Industries's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (16.80). It might indicate that HMA Agro Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. HMA Agro Industries's Inventory Turnover for the six months ended in Mar. 2024 was 10.86.

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. HMA Agro Industries's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.08.

HMA Agro Industries Days Inventory Historical Data

The historical data trend for HMA Agro Industries'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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HMA Agro Industries Days Inventory Chart

HMA Agro Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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23.89

37.83

19.88

20.22

21.78

HMA Agro Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial				20.25	20.35	-	17.62	16.80

Competitive Comparison of HMA Agro Industries's Days Inventory

For the Packaged Foods subindustry, HMA Agro Industries'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.

HMA Agro Industries's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where HMA Agro Industries's Days Inventory falls into.

HMA Agro Industries Days Inventory Calculation

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

HMA Agro Industries'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
=	( (0	+	2402.79)	/	1 )	/	40268.67	*	365
=	2402.79					/	40268.67	*	365
=	21.78

HMA Agro Industries'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1724.23	+	2402.79)	/	2 )	/	22411.48	*	365 / 2
=	2063.51					/	22411.48	*	365 / 2
=	16.80

HMA Agro Industries (BOM:543929) 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.

HMA Agro Industries's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22411.48	/	2063.51
	=	10.86

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.

HMA Agro Industries's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2063.51	/	26418.63
	=	0.08

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.

HMA Agro Industries Days Inventory Related Terms

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

HMA Agro Industries (BOM:543929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HMA Agro Industries Ltd (BOM:543929) » Definitions » Days Inventory

Traded in Other Exchanges

HMAAGRO:India

Address

Fatehabad Road, 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001

Website

https://www.hmagroup.co

HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat.

HMA Agro Industries (BOM:543929) Headlines

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