GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tierra Agrotech Ltd (BOM:543531) » Definitions » Days Inventory

Tierra Agrotech (BOM:543531) Days Inventory : 344.81 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Tierra Agrotech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tierra Agrotech's Average Total Inventories for the three months ended in Dec. 2023 was ₹205.8 Mil. Tierra Agrotech's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹54.5 Mil. Hence, Tierra Agrotech's Days Inventory for the three months ended in Dec. 2023 was 344.81.

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

BOM:543531' s Days Inventory Range Over the Past 10 Years
Min: 152.62   Med: 304.07   Max: 804.48
Current: 197.8

During the past 9 years, Tierra Agrotech's highest Days Inventory was 804.48. The lowest was 152.62. And the median was 304.07.

BOM:543531's Days Inventory is ranked worse than
81.22% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs BOM:543531: 197.80

Tierra Agrotech's Days Inventory declined from Dec. 2022 (824.66) to Dec. 2023 (344.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tierra Agrotech's Inventory Turnover for the three months ended in Dec. 2023 was 0.26.

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. Tierra Agrotech's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.84.


Tierra Agrotech Days Inventory Historical Data

The historical data trend for Tierra Agrotech'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.

Tierra Agrotech Days Inventory Chart

Tierra Agrotech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 152.62 206.74 460.91 484.47 304.07

Tierra Agrotech Quarterly Data
Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 824.66 182.66 135.66 272.32 344.81

Competitive Comparison of Tierra Agrotech's Days Inventory

For the Agricultural Inputs subindustry, Tierra Agrotech'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.


Tierra Agrotech's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Tierra Agrotech's Days Inventory falls into.



Tierra Agrotech Days Inventory Calculation

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

Tierra Agrotech'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
=( (511.171 + 380.844) / 2 ) / 535.383*365
=446.0075 / 535.383*365
=304.07

Tierra Agrotech'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
=( (205.816 + 0) / 1 ) / 54.467*365 / 4
=205.816 / 54.467*365 / 4
=344.81

* 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.


Tierra Agrotech  (BOM:543531) 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.

Tierra Agrotech's Inventory Turnover for the three months ended in Dec. 2023 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.

Tierra Agrotech's Inventory to Revenue for the three months ended in Dec. 2023 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.


Tierra Agrotech Days Inventory Related Terms

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


Tierra Agrotech (BOM:543531) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 2, Banjara Hills, Kamalapuri Colony Lane, Next to L V Prasad Hospital, 1st Floor, Sravana Complex, Hyderabad, TG, IND, 500034
Tierra Agrotech Ltd is engaged in the research, development, production, processing and commercialization of superior products in crops like Cotton, Rice, Corn, Mustard, Tomato and Okra. The company is engaged in the Production and trading of Agricultural seeds.

Tierra Agrotech (BOM:543531) Headlines

No Headlines