Adani Wilmar (BOM:543458) Days Inventory : 60.40 (As of Dec. 2023)

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What is Adani Wilmar Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adani Wilmar's Average Total Inventories for the three months ended in Dec. 2023 was ₹74,854 Mil. Adani Wilmar's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹113,081 Mil. Hence, Adani Wilmar's Days Inventory for the three months ended in Dec. 2023 was 60.40.

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

BOM:543458' s Days Inventory Range Over the Past 10 Years
Min: 46.41 Med: 53.4 Max: 58.53
Current: 58.53

During the past 5 years, Adani Wilmar's highest Days Inventory was 58.53. The lowest was 46.41. And the median was 53.40.

BOM:543458's Days Inventory is ranked better than
68.27% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs BOM:543458: 58.53

Adani Wilmar's Days Inventory increased from Dec. 2022 (47.82) to Dec. 2023 (60.40). It might indicate that Adani Wilmar's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adani Wilmar's Inventory Turnover for the three months ended in Dec. 2023 was 1.51.

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. Adani Wilmar's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.58.

Adani Wilmar Days Inventory Historical Data

The historical data trend for Adani Wilmar'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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Adani Wilmar Days Inventory Chart

Adani Wilmar Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

58.21

55.99

47.93

46.41

53.40

Adani Wilmar Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										47.82	56.50	59.65	61.84	60.40

Competitive Comparison of Adani Wilmar's Days Inventory

For the Packaged Foods subindustry, Adani Wilmar'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.

Adani Wilmar's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Adani Wilmar's Days Inventory falls into.

Adani Wilmar Days Inventory Calculation

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

Adani Wilmar'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
=	( (77165.2	+	76812.4)	/	2 )	/	526201.7	*	365
=	76988.8					/	526201.7	*	365
=	53.40

Adani Wilmar'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
=	( (74854.3	+	0)	/	1 )	/	113081.4	*	365 / 4
=	74854.3					/	113081.4	*	365 / 4
=	60.40

Adani Wilmar (BOM:543458) 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.

Adani Wilmar's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113081.4	/	74854.3
	=	1.51

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.

Adani Wilmar's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	74854.3	/	128283.6
	=	0.58

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.

Adani Wilmar Days Inventory Related Terms

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

Adani Wilmar (BOM:543458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Adani Wilmar Ltd (BOM:543458) » Definitions » Days Inventory

Traded in Other Exchanges

AWL:India

Address

Near Navrangpura Railway Crossing, Fortune House, Ahmedabad, GJ, IND, 380 009

Website

https://www.adaniwilmar.com

Adani Wilmar Ltd is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company's products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. The company sells its entire range of packed products under the following brands: Fortune, King's, Raag, Bullet, Fryola, Jubilee, Aadhaar, and VIVO.

Adani Wilmar (BOM:543458) Headlines

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