Days Inventory is also known as Days Sales of Inventory (DSI). Ami Organics's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹1,567 Mil. Ami Organics's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹1,350 Mil.
Hence, Ami Organics's Days Inventory for the
three
months ended in Mar. 2024 was 105.94.
The historical rank and industry rank for Ami Organics's Days Inventory or its related term are showing as below:
BOM:543349'
s Days Inventory Range Over the Past 10 Years
Min: 85.58 Med: 108.98 Max: 130.51
Current: 130.51
During the past 6 years, Ami Organics's highest Days Inventory was 130.51. The lowest was 85.58. And the median was 108.98.
BOM:543349's Days Inventory is ranked worse than 74.51% of 1491
companies
in the Chemicals industry
Industry Median: 81.77
vs BOM:543349: 130.51
Ami Organics's Days Inventory
increased
from Mar. 2023 (103.48) to Mar. 2024 (105.94).
It might indicate that Ami Organics's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ami Organics's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.86.
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.
Ami Organics's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.70.
Ami Organics Days Inventory Historical Data
The historical data trend for Ami Organics'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.
Competitive Comparison of Ami Organics's Days Inventory
For the Specialty Chemicals subindustry, Ami Organics'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.
Ami Organics's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ami Organics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ami Organics's Days Inventory falls into.
Ami Organics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ami Organics's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Ami Organics (BOM:543349) 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.
Ami Organics's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
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.
Ami Organics's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
Ami Organics Days Inventory Related Terms
Thank you for viewing the detailed overview of Ami Organics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ami Organics Ltd is a research and development-driven manufacturer of specialty chemicals. The company manufactures different types of advanced pharmaceutical intermediates and active pharmaceutical ingredients for new chemical entities and materials for agrochemicals and fine chemicals. Geographically the company generates the majority of its revenue from outside India.
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