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Active Fine Chemicals (DHA:ACTIVEFINE) Days Inventory

: 693.58 (As of Mar. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Active Fine Chemicals's Average Total Inventories for the three months ended in Mar. 2023 was BDT1,559 Mil. Active Fine Chemicals's Cost of Goods Sold for the three months ended in Mar. 2023 was BDT205 Mil. Hence, Active Fine Chemicals's Days Inventory for the three months ended in Mar. 2023 was 693.58.

The historical rank and industry rank for Active Fine Chemicals's Days Inventory or its related term are showing as below:

DHA:ACTIVEFINE's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 83.41
* Ranked among companies with meaningful Days Inventory only.

Active Fine Chemicals's Days Inventory increased from Dec. 2021 (424.78) to Mar. 2023 (693.58). It might indicate that Active Fine Chemicals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Active Fine Chemicals's Inventory Turnover for the three months ended in Mar. 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. Active Fine Chemicals's Inventory-to-Revenue for the three months ended in Mar. 2023 was 5.37.


Active Fine Chemicals Days Inventory Historical Data

The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 184.77 184.59 274.47 254.19 397.47

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 424.78 448.48 319.15 863.11 693.58

Competitive Comparison

For the Chemicals subindustry, Active Fine Chemicals'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.


Active Fine Chemicals Days Inventory Distribution

For the Chemicals industry and Basic Materials sector, Active Fine Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Active Fine Chemicals's Days Inventory falls into.



Active Fine Chemicals Days Inventory Calculation

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

Active Fine Chemicals's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (1267.196 + 1564.717) / 2 ) / 1300.282*365
=1415.9565 / 1300.282*365
=397.47

Active Fine Chemicals's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (1555.79 + 1562.583) / 2 ) / 205.133*365 / 4
=1559.1865 / 205.133*365 / 4
=693.58

* 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.


Active Fine Chemicals  (DHA:ACTIVEFINE) 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.

Active Fine Chemicals's Inventory Turnover for the three months ended in Mar. 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.

Active Fine Chemicals's Inventory to Revenue for the three months ended in Mar. 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.


Active Fine Chemicals Days Inventory Related Terms

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


Active Fine Chemicals (DHA:ACTIVEFINE) Business Description

Traded in Other Exchanges
N/A
Address
House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.

Active Fine Chemicals (DHA:ACTIVEFINE) Headlines

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