Auro Impex & Chemicals (NSE:AUROIMPEX) Days Inventory : 49.64 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Auro Impex & Chemicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Auro Impex & Chemicals's Average Total Inventories for the six months ended in Mar. 2023 was ₹272 Mil. Auro Impex & Chemicals's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹999 Mil. Hence, Auro Impex & Chemicals's Days Inventory for the six months ended in Mar. 2023 was 49.64.

The historical rank and industry rank for Auro Impex & Chemicals's Days Inventory or its related term are showing as below:

NSE:AUROIMPEX' s Days Inventory Range Over the Past 10 Years
Min: 42.9 Med: 50.46 Max: 58.01
Current: 43.57

During the past 2 years, Auro Impex & Chemicals's highest Days Inventory was 58.01. The lowest was 42.90. And the median was 50.46.

NSE:AUROIMPEX's Days Inventory is ranked better than
90.86% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs NSE:AUROIMPEX: 43.57

Auro Impex & Chemicals's Days Inventory increased from Mar. 2022 (0.00) to Mar. 2023 (49.64). It might indicate that Auro Impex & Chemicals'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. Auro Impex & Chemicals's Inventory Turnover for the six months ended in Mar. 2023 was 3.68.

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. Auro Impex & Chemicals's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.25.

Auro Impex & Chemicals Days Inventory Historical Data

The historical data trend for Auro Impex & Chemicals'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.

Auro Impex & Chemicals Days Inventory Chart

Auro Impex & Chemicals Annual Data

Trend

Mar22

Mar23

Days Inventory

58.01

42.90

Auro Impex & Chemicals Semi-Annual Data
	Mar22	Sep22	Mar23
Days Inventory	-	38.90	49.64

Competitive Comparison of Auro Impex & Chemicals's Days Inventory

For the Specialty Industrial Machinery subindustry, Auro Impex & Chemicals'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.

Auro Impex & Chemicals's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Auro Impex & Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Auro Impex & Chemicals's Days Inventory falls into.

Auro Impex & Chemicals Days Inventory Calculation

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

Auro Impex & Chemicals'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
=	( (223.263	+	279.919)	/	2 )	/	2140.369	*	365
=	251.591					/	2140.369	*	365
=	42.90

Auro Impex & Chemicals's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (263.374	+	279.919)	/	2 )	/	998.769	*	365 / 2
=	271.6465					/	998.769	*	365 / 2
=	49.64

Auro Impex & Chemicals (NSE:AUROIMPEX) 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.

Auro Impex & Chemicals's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	998.769	/	271.6465
	=	3.68

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.

Auro Impex & Chemicals's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	271.6465	/	1099.903
	=	0.25

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.

Auro Impex & Chemicals Days Inventory Related Terms

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

Auro Impex & Chemicals (NSE:AUROIMPEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Auro Impex & Chemicals Ltd (NSE:AUROIMPEX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

740A, Block- P, New Alipore, Kolkata, WB, IND, 700053

Website

https://www.auroimpex.com

Auro Impex & Chemicals Ltd specializes in the manufacturing of Collecting Electrode, Discharge Electrode Plate steel structures and other internal components of an Electrostatic Precipitator - a filtration device used to remove smoke and fine dust particles from flowing gas used in various heavy industries such as Steel Plants, Sponge Iron industry, Cement Plants, Thermal Energy Plants and any other plant where the coal is burnt, as a measure to control Air Pollution.

Auro Impex & Chemicals (NSE:AUROIMPEX) Headlines

No Headlines