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IFAD Autos (DHA:IFADAUTOS) Days Inventory : 194.93 (As of Sep. 2023)


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What is IFAD Autos Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IFAD Autos's Average Total Inventories for the three months ended in Sep. 2023 was BDT3,015 Mil. IFAD Autos's Cost of Goods Sold for the three months ended in Sep. 2023 was BDT1,411 Mil. Hence, IFAD Autos's Days Inventory for the three months ended in Sep. 2023 was 194.93.

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

DHA:IFADAUTOS' s Days Inventory Range Over the Past 10 Years
Min: 38.73   Med: 86.46   Max: 146.79
Current: 146.79

During the past 9 years, IFAD Autos's highest Days Inventory was 146.79. The lowest was 38.73. And the median was 86.46.

DHA:IFADAUTOS's Days Inventory is ranked worse than
82.51% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs DHA:IFADAUTOS: 146.79

IFAD Autos's Days Inventory increased from Sep. 2022 (118.99) to Sep. 2023 (194.93). It might indicate that IFAD Autos's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. IFAD Autos's Inventory Turnover for the three months ended in Sep. 2023 was 0.47.

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. IFAD Autos's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.78.


IFAD Autos Days Inventory Historical Data

The historical data trend for IFAD Autos'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.

IFAD Autos Days Inventory Chart

IFAD Autos Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 93.26 137.08 86.21 86.70 119.89

IFAD Autos Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 118.99 153.53 103.67 151.60 194.93

Competitive Comparison of IFAD Autos's Days Inventory

For the Auto & Truck Dealerships subindustry, IFAD Autos'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.


IFAD Autos's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IFAD Autos's Days Inventory distribution charts can be found below:

* The bar in red indicates where IFAD Autos's Days Inventory falls into.



IFAD Autos Days Inventory Calculation

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

IFAD Autos's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2178.202 + 2813.202) / 2 ) / 7597.873*365
=2495.702 / 7597.873*365
=119.89

IFAD Autos'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2813.202 + 3216.885) / 2 ) / 1411.425*365 / 4
=3015.0435 / 1411.425*365 / 4
=194.93

* 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.


IFAD Autos  (DHA:IFADAUTOS) 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.

IFAD Autos's Inventory Turnover for the three 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.

IFAD Autos's Inventory to Revenue for the three 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.


IFAD Autos Days Inventory Related Terms

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


IFAD Autos (DHA:IFADAUTOS) Business Description

Traded in Other Exchanges
N/A
Address
Plot-7 (New), IFAD Tower, Tejgaon Industrial Area, Dhaka, BGD, 1208
IFAD Autos Ltd is engaged in importing, marketing, and body-building different models of Ashok Leyland's vehicles in Bangladesh through its marketing staff, dealers, and selling agents. The products offered by the company include Bus, Open Truck, Covered Van, Light Commercial Vehicle, and Tractor. Its operating segment includes Imported Vehicles; Assembling Vehicles and Body Building Unit. The company generates maximum revenue from the Assembling Vehicles segment.

IFAD Autos (DHA:IFADAUTOS) Headlines

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