Dharmaj Crop Guard (BOM:543687) Days Inventory : 68.60 (As of Dec. 2023)

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What is Dharmaj Crop Guard Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dharmaj Crop Guard's Average Total Inventories for the three months ended in Dec. 2023 was ₹729 Mil. Dharmaj Crop Guard's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹969 Mil. Hence, Dharmaj Crop Guard's Days Inventory for the three months ended in Dec. 2023 was 68.60.

The historical rank and industry rank for Dharmaj Crop Guard's Days Inventory or its related term are showing as below:

BOM:543687' s Days Inventory Range Over the Past 10 Years
Min: 54.27 Med: 59.19 Max: 163.72
Current: 163.72

During the past 4 years, Dharmaj Crop Guard's highest Days Inventory was 163.72. The lowest was 54.27. And the median was 59.19.

BOM:543687's Days Inventory is ranked worse than
69.43% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs BOM:543687: 163.72

Dharmaj Crop Guard's Days Inventory increased from Mar. 2022 (66.55) to Dec. 2023 (68.60). It might indicate that Dharmaj Crop Guard'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. Dharmaj Crop Guard's Inventory Turnover for the three months ended in Dec. 2023 was 1.33.

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. Dharmaj Crop Guard's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.

Dharmaj Crop Guard Days Inventory Historical Data

The historical data trend for Dharmaj Crop Guard'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.

Dharmaj Crop Guard Days Inventory Chart

Dharmaj Crop Guard Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

64.87

54.27

61.82

56.56

Dharmaj Crop Guard Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jul22	Dec22	Mar23	Dec23
Days Inventory	Get a 7-Day Free Trial			66.55	-	92.65	103.53	68.60

Competitive Comparison of Dharmaj Crop Guard's Days Inventory

For the Agricultural Inputs subindustry, Dharmaj Crop Guard'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.

Dharmaj Crop Guard's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Dharmaj Crop Guard's Days Inventory falls into.

Dharmaj Crop Guard Days Inventory Calculation

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

Dharmaj Crop Guard'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
=	( (628.78	+	728.58)	/	2 )	/	4379.72	*	365
=	678.68					/	4379.72	*	365
=	56.56

Dharmaj Crop Guard'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: Mar. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (728.58	+	0)	/	1 )	/	969.07	*	365 / 4
=	728.58					/	969.07	*	365 / 4
=	68.60

Dharmaj Crop Guard (BOM:543687) 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.

Dharmaj Crop Guard's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	969.07	/	728.58
	=	1.33

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.

Dharmaj Crop Guard's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	728.58	/	1234.19
	=	0.59

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.

Dharmaj Crop Guard Days Inventory Related Terms

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

Dharmaj Crop Guard (BOM:543687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Dharmaj Crop Guard Ltd (BOM:543687) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DHARMAJ:India

Address

Iscon Ambli Road, Office No. 901 to 903 & 911, B-square 2, Ahmedabad, GJ, IND, 380058

Website

https://www.dharmajcrop.com

Dharmaj Crop Guard Ltd is engaged in the business of manufacturing and dealing in pesticides including concessionaires of public health products for pest control, insecticides, herbicide, fertilizers, and allied products related to research and technical formulations. The company operates under single-segment pesticides, insecticides, herbicide and fertilizers. Geographically the company generates the majority of its revenue from India.

Dharmaj Crop Guard (BOM:543687) Headlines

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