ACI Formulations (DHA:ACIFORMULA) Days Inventory : 116.00 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is ACI Formulations Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ACI Formulations's Average Total Inventories for the three months ended in Dec. 2023 was BDT1,233 Mil. ACI Formulations's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT970 Mil. Hence, ACI Formulations's Days Inventory for the three months ended in Dec. 2023 was 116.00.

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

DHA:ACIFORMULA' s Days Inventory Range Over the Past 10 Years
Min: 105.27 Med: 161.6 Max: 225.5
Current: 161.54

During the past 13 years, ACI Formulations's highest Days Inventory was 225.50. The lowest was 105.27. And the median was 161.60.

DHA:ACIFORMULA's Days Inventory is ranked worse than
68.56% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs DHA:ACIFORMULA: 161.54

ACI Formulations's Days Inventory declined from Dec. 2022 (198.62) to Dec. 2023 (116.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. ACI Formulations's Inventory Turnover for the three months ended in Dec. 2023 was 0.79.

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. ACI Formulations's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.89.

ACI Formulations Days Inventory Historical Data

The historical data trend for ACI Formulations'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.

ACI Formulations Days Inventory Chart

ACI Formulations Annual Data

Trend

Dec13

Dec14

Dec15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

210.41

225.50

169.91

158.98

150.14

ACI Formulations 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															198.62	194.10	225.29	128.85	116.00

Competitive Comparison of ACI Formulations's Days Inventory

For the Agricultural Inputs subindustry, ACI Formulations'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.

ACI Formulations's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where ACI Formulations's Days Inventory falls into.

ACI Formulations Days Inventory Calculation

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

ACI Formulations's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1360.588	+	1636.264)	/	2 )	/	3642.873	*	365
=	1498.426					/	3642.873	*	365
=	150.14

ACI Formulations'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
=	( (1340.739	+	1125.175)	/	2 )	/	969.878	*	365 / 4
=	1232.957					/	969.878	*	365 / 4
=	116.00

ACI Formulations (DHA:ACIFORMULA) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	969.878	/	1232.957
	=	0.79

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1232.957	/	1387.48
	=	0.89

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.

ACI Formulations Days Inventory Related Terms

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

ACI Formulations (DHA:ACIFORMULA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » ACI Formulations Ltd (DHA:ACIFORMULA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.aci-bd.com

ACI Formulations Ltd is an agricultural chemicals manufacturer. The principal activities of the company are manufacturing and marketing a number of agrochemical and consumer products. The company has structured its operations into the following business segments - Crop Care and Public Health segment, which manufactures and sell crop care and public health products; Mosquito Coil segment is engaged in the manufacturing and selling of mosquito coil products; the Aerosol segment is engaged in the manufacturing and selling aerosol and air freshener products; and Paint segment which manufactures and sells paint products. It derives key revenue from the Crop Care and Public Health segment.

ACI Formulations (DHA:ACIFORMULA) Headlines

No Headlines