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Abhishek Integrations (NSE:AILIMITED) Days Inventory : 595.24 (As of Sep. 2023)


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What is Abhishek Integrations Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Abhishek Integrations's Average Total Inventories for the six months ended in Sep. 2023 was ₹72.4 Mil. Abhishek Integrations's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹22.2 Mil. Hence, Abhishek Integrations's Days Inventory for the six months ended in Sep. 2023 was 595.24.

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

NSE:AILIMITED' s Days Inventory Range Over the Past 10 Years
Min: 229.65   Med: 417.99   Max: 5165.09
Current: 370.39

During the past 5 years, Abhishek Integrations's highest Days Inventory was 5165.09. The lowest was 229.65. And the median was 417.99.

NSE:AILIMITED's Days Inventory is ranked worse than
93.7% of 1396 companies
in the Construction industry
Industry Median: 49.04 vs NSE:AILIMITED: 370.39

Abhishek Integrations's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (595.24). It might indicate that Abhishek Integrations's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abhishek Integrations's Inventory Turnover for the six months ended in Sep. 2023 was 0.31.

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. Abhishek Integrations's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.67.


Abhishek Integrations Days Inventory Historical Data

The historical data trend for Abhishek Integrations'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.

Abhishek Integrations Days Inventory Chart

Abhishek Integrations Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
- - 229.65 5,165.09 417.99

Abhishek Integrations Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only - 383.71 - 251.24 595.24

Competitive Comparison of Abhishek Integrations's Days Inventory

For the Infrastructure Operations subindustry, Abhishek Integrations'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.


Abhishek Integrations's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Abhishek Integrations's Days Inventory distribution charts can be found below:

* The bar in red indicates where Abhishek Integrations's Days Inventory falls into.



Abhishek Integrations Days Inventory Calculation

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

Abhishek Integrations'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
=( (35.372 + 64.436) / 2 ) / 43.577*365
=49.904 / 43.577*365
=417.99

Abhishek Integrations's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (64.436 + 80.314) / 2 ) / 22.19*365 / 2
=72.375 / 22.19*365 / 2
=595.24

* 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.


Abhishek Integrations  (NSE:AILIMITED) 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.

Abhishek Integrations's Inventory Turnover for the six months ended in Sep. 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.

Abhishek Integrations's Inventory to Revenue for the six months ended in Sep. 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.


Abhishek Integrations Days Inventory Related Terms

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


Abhishek Integrations (NSE:AILIMITED) Business Description

Traded in Other Exchanges
N/A
Address
Gandhinagar Hwy, opp. Rajpath Rangoli Road, 801, Venus Benecia, Sarkhej, Bodakdev, Ahmedabad, GJ, IND, 380053
Abhishek Integrations Ltd is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India. The firm has various ongoing projects of the airport authority of India located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara among others.

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