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Alphalogic Industries (BOM:543937) Days Inventory : 43.22 (As of Sep. 2023)


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What is Alphalogic Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alphalogic Industries's Average Total Inventories for the six months ended in Sep. 2023 was ₹40.1 Mil. Alphalogic Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹169.2 Mil. Hence, Alphalogic Industries's Days Inventory for the six months ended in Sep. 2023 was 43.22.

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

BOM:543937' s Days Inventory Range Over the Past 10 Years
Min: 32.59   Med: 36.46   Max: 58.43
Current: 58.43

During the past 3 years, Alphalogic Industries's highest Days Inventory was 58.43. The lowest was 32.59. And the median was 36.46.

BOM:543937's Days Inventory is ranked better than
80.88% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs BOM:543937: 58.43

Alphalogic Industries's Days Inventory increased from Sep. 2022 (25.23) to Sep. 2023 (43.22). It might indicate that Alphalogic Industries'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. Alphalogic Industries's Inventory Turnover for the six months ended in Sep. 2023 was 4.22.

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. Alphalogic Industries's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.20.

Alphalogic Industries Days Inventory Historical Data

The historical data trend for Alphalogic 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.

* Premium members only.

Alphalogic Industries Days Inventory Chart

Alphalogic Industries Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
- 32.59 40.33

Alphalogic Industries Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Days Inventory - - 25.23 48.41 43.22

Competitive Comparison of Alphalogic Industries's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Alphalogic 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.

Alphalogic Industries's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alphalogic Industries's Days Inventory distribution charts can be found below:

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


Alphalogic Industries Days Inventory Calculation

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

Alphalogic Industries'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
=( (5.994 + 21.515) / 2 ) / 124.476*365
=13.7545 / 124.476*365
=40.33

Alphalogic Industries'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
=( (21.515 + 58.629) / 2 ) / 169.22*365 / 2
=40.072 / 169.22*365 / 2
=43.22

* 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.

Alphalogic Industries  (BOM:543937) 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.

Alphalogic Industries's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=169.22 / 40.072
=4.22

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.

Alphalogic Industries's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=40.072 / 197.311
=0.20

* 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.

Alphalogic Industries Days Inventory Related Terms

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

Alphalogic Industries (BOM:543937) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » Days Inventory
Comparable Companies
NSE:SONAMCLOCK NSE:AIROLAM BOM:530589 BOM:543464 NSE:PRITI BOM:543921 NSE:AVROIND BOM:531608 BOM:500327 BOM:543939 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019
Website
https://www.alphalogicindustries.com
Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in the design, manufacturing, supply, and installation of industrial and institutional storage systems that is compactor storage systems, heavy-duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, library stacks, book case, book trolly, periodical display rack, school lockers, book support.

Alphalogic Industries (BOM:543937) Headlines

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