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Apt Packaging (BOM:506979) Days Inventory : 87.66 (As of Mar. 2024)


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What is Apt Packaging Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Apt Packaging's Average Total Inventories for the three months ended in Mar. 2024 was ₹18.0 Mil. Apt Packaging's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹18.8 Mil. Hence, Apt Packaging's Days Inventory for the three months ended in Mar. 2024 was 87.66.

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

BOM:506979' s Days Inventory Range Over the Past 10 Years
Min: 56.35   Med: 74.3   Max: 109.09
Current: 109.08

During the past 8 years, Apt Packaging's highest Days Inventory was 109.09. The lowest was 56.35. And the median was 74.30.

BOM:506979's Days Inventory is ranked worse than
70.25% of 363 companies
in the Packaging & Containers industry
Industry Median: 77.6 vs BOM:506979: 109.08

Apt Packaging's Days Inventory declined from Mar. 2023 (105.63) to Mar. 2024 (87.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Apt Packaging's Inventory Turnover for the three months ended in Mar. 2024 was 1.04.

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. Apt Packaging's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.57.


Apt Packaging Days Inventory Historical Data

The historical data trend for Apt Packaging'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.

Apt Packaging Days Inventory Chart

Apt Packaging Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 85.78 70.57 78.03 108.11 109.09

Apt Packaging Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 105.63 156.23 92.63 132.16 87.66

Competitive Comparison of Apt Packaging's Days Inventory

For the Packaging & Containers subindustry, Apt Packaging'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.


Apt Packaging's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Apt Packaging's Days Inventory distribution charts can be found below:

* The bar in red indicates where Apt Packaging's Days Inventory falls into.



Apt Packaging Days Inventory Calculation

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

Apt Packaging'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
=( (20.732 + 18.027) / 2 ) / 64.839*365
=19.3795 / 64.839*365
=109.09

Apt Packaging's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 18.027) / 1 ) / 18.766*365 / 4
=18.027 / 18.766*365 / 4
=87.66

* 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.


Apt Packaging  (BOM:506979) 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.

Apt Packaging's Inventory Turnover for the three months ended in Mar. 2024 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.

Apt Packaging's Inventory to Revenue for the three months ended in Mar. 2024 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.


Apt Packaging Days Inventory Related Terms

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


Apt Packaging (BOM:506979) Business Description

Traded in Other Exchanges
N/A
Address
J-18 MIDC, Chikalthana, Aurangabad, MH, IND, 431210
Apt Packaging Ltd is a manufacturer of Co-extruded seamless plastic tubes in India. The company offers packaging tubes of various diameters, layers, decorations, colors, types, caps, and tamper-proof sealing. Geographically the company generates the majority of its revenue from the domestic market from the sale of co-extruded plastic tubes.

Apt Packaging (BOM:506979) Headlines

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