Harshil Agrotech (BOM:505336) Days Inventory : 70.14 (As of Dec. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Harshil Agrotech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Harshil Agrotech's Average Total Inventories for the three months ended in Dec. 2024 was ₹153.3 Mil. Harshil Agrotech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹199.5 Mil. Hence, Harshil Agrotech's Days Inventory for the three months ended in Dec. 2024 was 70.14.

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

BOM:505336' s Days Inventory Range Over the Past 10 Years
Min: 108.26 Med: 912.5 Max: 1349.31
Current: 108.26

During the past 13 years, Harshil Agrotech's highest Days Inventory was 1349.31. The lowest was 108.26. And the median was 912.50.

BOM:505336's Days Inventory is ranked worse than
90.07% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.38 vs BOM:505336: 108.26

Harshil Agrotech's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (70.14). It might indicate that Harshil Agrotech'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. Harshil Agrotech's Inventory Turnover for the three months ended in Dec. 2024 was 1.30.

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. Harshil Agrotech's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.60.

Harshil Agrotech Days Inventory Historical Data

The historical data trend for Harshil Agrotech'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.

Harshil Agrotech Days Inventory Chart

Harshil Agrotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

Harshil Agrotech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	-	-	73.78	70.14

Competitive Comparison of Harshil Agrotech's Days Inventory

For the Food Distribution subindustry, Harshil Agrotech'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.

Harshil Agrotech's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Harshil Agrotech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Harshil Agrotech's Days Inventory falls into.

Save Embed

;

Save Embed

;

Harshil Agrotech Days Inventory Calculation

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

Harshil Agrotech's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	112.684	*	365
=	0					/	112.684	*	365
=	0.00

Harshil Agrotech's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (153.321	+	0)	/	1 )	/	199.474	*	365 / 4
=	153.321					/	199.474	*	365 / 4
=	70.14

Harshil Agrotech (BOM:505336) 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.

Harshil Agrotech's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	199.474	/	153.321
	=	1.30

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.

Harshil Agrotech's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	153.321	/	257.346
	=	0.60

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.

Harshil Agrotech Days Inventory Related Terms

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

Harshil Agrotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Harshil Agrotech Ltd (BOM:505336) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. F-213, I Square, Science City Road, Near Shukan Mall Cross Road, Sola, Daskroi, Ahmedabad, GJ, IND, 380060

Website

https://www.mirchtechnologies.in

Harshil Agrotech Ltd is engaged in preparing, manufacturing, processing, marketing, trading, importing, exporting, improving, selling, and dealing in all kinds of agro/agri/food products including but not limited to spices, oil seeds, grains, vegetables, herbs, pickles and other items derived from agricultural, farming or relevant activities. The company operates only in one business segment which is Agri Trading Business.

Harshil Agrotech Headlines

No Headlines