Aatmaj Healthcare (NSE:AATMAJ) Days Inventory : 27.71 (As of Mar. 2022)

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What is Aatmaj Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aatmaj Healthcare's Average Total Inventories for the six months ended in Mar. 2022 was ₹3.1 Mil. Aatmaj Healthcare's Cost of Goods Sold for the six months ended in Mar. 2022 was ₹40.2 Mil. Hence, Aatmaj Healthcare's Days Inventory for the six months ended in Mar. 2022 was 13.86.

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

NSE:AATMAJ's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 33.01
* Ranked among companies with meaningful Days Inventory only.

Aatmaj Healthcare's Days Inventory declined from Mar. 2020 (64.83) to Mar. 2022 (27.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aatmaj Healthcare's Inventory Turnover for the six months ended in Mar. 2022 was 13.17.

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. Aatmaj Healthcare's Inventory-to-Revenue for the six months ended in Mar. 2022 was 0.01.

Aatmaj Healthcare Days Inventory Historical Data

The historical data trend for Aatmaj Healthcare'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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Aatmaj Healthcare Days Inventory Chart

Aatmaj Healthcare Annual Data

Trend

Mar20

Mar21

Mar22

Days Inventory

64.83

15.06

27.71

Aatmaj Healthcare Semi-Annual Data
	Mar20	Mar21	Mar22
Days Inventory	64.83	15.06	27.71

Competitive Comparison of Aatmaj Healthcare's Days Inventory

For the Medical Care Facilities subindustry, Aatmaj Healthcare'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.

Aatmaj Healthcare's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aatmaj Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aatmaj Healthcare's Days Inventory falls into.

Aatmaj Healthcare Days Inventory Calculation

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

Aatmaj Healthcare's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (2.05	+	4.05)	/	2 )	/	40.173	*	365
=	3.05					/	40.173	*	365
=	27.71

Aatmaj Healthcare's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

	Days Inventory (Q: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (2.05	+	4.05)	/	2 )	/	40.173	*	365 / 2
=	3.05					/	40.173	*	365 / 2
=	13.86

Aatmaj Healthcare (NSE:AATMAJ) 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.

Aatmaj Healthcare's Inventory Turnover for the six months ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.173	/	3.05
	=	13.17

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.

Aatmaj Healthcare's Inventory to Revenue for the six months ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.05	/	218.089
	=	0.01

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.

Aatmaj Healthcare Days Inventory Related Terms

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

Aatmaj Healthcare (NSE:AATMAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aatmaj Healthcare Ltd (NSE:AATMAJ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012

Website

https://www.jupiterhospitalvadodara.com

Aatmaj Healthcare Ltd is a growing organization that aims at strengthening and establishing itself as the foremost healthcare services provider. The company strives to serve with its ultra-modern medicinal practices and infrastructure for medical as well as surgical care solutions. It aims towards continuous improvement of its healthcare facilities and to achieve the level of care and quality. It has a team of medical practitioners who ensures that patients get quality healthcare services.

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