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Atlas Cycles (Haryana) (BOM:505029) Days Inventory : 718.12 (As of Dec. 2023)


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What is Atlas Cycles (Haryana) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlas Cycles (Haryana)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹109.06 Mil. Atlas Cycles (Haryana)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13.86 Mil. Hence, Atlas Cycles (Haryana)'s Days Inventory for the three months ended in Dec. 2023 was 718.12.

The historical rank and industry rank for Atlas Cycles (Haryana)'s Days Inventory or its related term are showing as below:

BOM:505029' s Days Inventory Range Over the Past 10 Years
Min: 29.73   Med: 57.01   Max: 1473.38
Current: 1290.77

During the past 13 years, Atlas Cycles (Haryana)'s highest Days Inventory was 1473.38. The lowest was 29.73. And the median was 57.01.

BOM:505029's Days Inventory is not ranked
in the Travel & Leisure industry.
Industry Median: 36.44 vs BOM:505029: 1290.77

Atlas Cycles (Haryana)'s Days Inventory declined from Sep. 2022 (944.99) to Dec. 2023 (718.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlas Cycles (Haryana)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.13.

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. Atlas Cycles (Haryana)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 8.41.


Atlas Cycles (Haryana) Days Inventory Historical Data

The historical data trend for Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana) Days Inventory Chart

Atlas Cycles (Haryana) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.02 39.61 103.28 636.41 1,473.38

Atlas Cycles (Haryana) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only 944.99 5,232.76 - 506.81 718.12

Competitive Comparison of Atlas Cycles (Haryana)'s Days Inventory

For the Leisure subindustry, Atlas Cycles (Haryana)'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.


Atlas Cycles (Haryana)'s Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Atlas Cycles (Haryana)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Atlas Cycles (Haryana)'s Days Inventory falls into.



Atlas Cycles (Haryana) Days Inventory Calculation

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

Atlas Cycles (Haryana)'s Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (211.062 + 166.534) / 2 ) / 46.771*365
=188.798 / 46.771*365
=1,473.38

Atlas Cycles (Haryana)'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
=( (109.06 + 0) / 1 ) / 13.858*365 / 4
=109.06 / 13.858*365 / 4
=718.12

* 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.


Atlas Cycles (Haryana)  (BOM:505029) 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.

Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana)'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.


Atlas Cycles (Haryana) Days Inventory Related Terms

Thank you for viewing the detailed overview of Atlas Cycles (Haryana)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Cycles (Haryana) (BOM:505029) Business Description

Traded in Other Exchanges
N/A
Address
Atlas Road, Industrial Area, Sonepat, HR, IND, 131001
Atlas Cycles (Haryana) Ltd is an Indian cycling company. The firm is engaged in the manufacturing of bicycles and their components and steel tubes. The company offers a range of bicycles, such as mountain bikes, all-terrain bikes, roadsters, and children's bikes. It earns key revenue from domestic sales and also exports products overseas.

Atlas Cycles (Haryana) (BOM:505029) Headlines

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