KN Agri Resources (NSE:KNAGRI) Days Inventory : 34.18 (As of Sep. 2023)

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What is KN Agri Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KN Agri Resources's Average Total Inventories for the six months ended in Sep. 2023 was ₹1,083 Mil. KN Agri Resources's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹5,779 Mil. Hence, KN Agri Resources's Days Inventory for the six months ended in Sep. 2023 was 34.18.

The historical rank and industry rank for KN Agri Resources's Days Inventory or its related term are showing as below:

NSE:KNAGRI' s Days Inventory Range Over the Past 10 Years
Min: 13.87 Med: 25.37 Max: 29.15
Current: 26.13

During the past 5 years, KN Agri Resources's highest Days Inventory was 29.15. The lowest was 13.87. And the median was 25.37.

NSE:KNAGRI's Days Inventory is ranked better than
91.48% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs NSE:KNAGRI: 26.13

KN Agri Resources's Days Inventory increased from Sep. 2022 (28.96) to Sep. 2023 (34.18). It might indicate that KN Agri Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. KN Agri Resources's Inventory Turnover for the six months ended in Sep. 2023 was 5.34.

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. KN Agri Resources's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.17.

KN Agri Resources Days Inventory Historical Data

The historical data trend for KN Agri Resources'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.

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KN Agri Resources Days Inventory Chart

KN Agri Resources Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

13.87

29.15

23.15

25.37

28.12

KN Agri Resources Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			23.47	17.76	28.96	24.66	34.18

Competitive Comparison of KN Agri Resources's Days Inventory

For the Farm Products subindustry, KN Agri Resources'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.

KN Agri Resources's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KN Agri Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where KN Agri Resources's Days Inventory falls into.

KN Agri Resources Days Inventory Calculation

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

KN Agri Resources'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
=	( (1724.3	+	1541.6)	/	2 )	/	21192.4	*	365
=	1632.95					/	21192.4	*	365
=	28.12

KN Agri Resources'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
=	( (1541.6	+	623.4)	/	2 )	/	5779.1	*	365 / 2
=	1082.5					/	5779.1	*	365 / 2
=	34.18

KN Agri Resources (NSE:KNAGRI) 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.

KN Agri Resources's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5779.1	/	1082.5
	=	5.34

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.

KN Agri Resources's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1082.5	/	6369.2
	=	0.17

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.

KN Agri Resources Days Inventory Related Terms

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

KN Agri Resources (NSE:KNAGRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KN Agri Resources Ltd (NSE:KNAGRI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

B1 - 506, Marathon Nextgen Innova, Opposite Peninsula Corporate Park, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.knagri.com

KN Agri Resources Ltd is an agro-based company, involved in the business of solvent extraction and oil refining and trading of various agro-commodities. The wide range of processed and manufactured products includes soya de-oiled cake, Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Its segment includes Agro Product and Power. Under the agro-commodities business, the company trade in various agro commodities such as maize, gram, pulses, sugar, soyabean, wheat, and other.

KN Agri Resources (NSE:KNAGRI) Headlines

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