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Atlas Jewellery India (BOM:514394) Days Inventory : 1,791.82 (As of Dec. 2021)


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What is Atlas Jewellery India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlas Jewellery India's Average Total Inventories for the three months ended in Dec. 2021 was ₹113.18 Mil. Atlas Jewellery India's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹5.76 Mil. Hence, Atlas Jewellery India's Days Inventory for the three months ended in Dec. 2021 was 1,791.82.

The historical rank and industry rank for Atlas Jewellery India's Days Inventory or its related term are showing as below:

BOM:514394's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 109.11
* Ranked among companies with meaningful Days Inventory only.

Atlas Jewellery India's Days Inventory declined from Dec. 2020 (3,399.56) to Dec. 2021 (1,791.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlas Jewellery India's Inventory Turnover for the three months ended in Dec. 2021 was 0.05.

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. Atlas Jewellery India's Inventory-to-Revenue for the three months ended in Dec. 2021 was 14.46.


Atlas Jewellery India Days Inventory Historical Data

The historical data trend for Atlas Jewellery India'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.

Atlas Jewellery India Days Inventory Chart

Atlas Jewellery India Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,088.84 1,073.40 2,055.43 2,495.85 4,564.05

Atlas Jewellery India Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 3,399.56 3,300.01 2,807.65 4,621.05 1,791.82

Competitive Comparison of Atlas Jewellery India's Days Inventory

For the Luxury Goods subindustry, Atlas Jewellery India'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.


Atlas Jewellery India's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Atlas Jewellery India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Atlas Jewellery India's Days Inventory falls into.



Atlas Jewellery India Days Inventory Calculation

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

Atlas Jewellery India's Days Inventory for the fiscal year that ended in Mar. 2021 is calculated as

Days Inventory (A: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (128.536 + 119.198) / 2 ) / 9.906*365
=123.867 / 9.906*365
=4,564.05

Atlas Jewellery India's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (113.184 + 0) / 1 ) / 5.764*365 / 4
=113.184 / 5.764*365 / 4
=1,791.82

* 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.


Atlas Jewellery India  (BOM:514394) 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.

Atlas Jewellery India's Inventory Turnover for the three months ended in Dec. 2021 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.

Atlas Jewellery India's Inventory to Revenue for the three months ended in Dec. 2021 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.


Atlas Jewellery India Days Inventory Related Terms

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


Atlas Jewellery India (BOM:514394) Business Description

Traded in Other Exchanges
N/A
Address
DLF Tower A, Plot Number 10, JA-710, 7th Floor, Jasola District, New Delhi, IND, 110025
Atlas Jewellery India Ltd is an Indian based company operating in the Gems and Jewellery Sector. It is engaged in manufacturing, retail trade and export of gold, diamonds, and other precious ornaments. Its products include fashionable jewellery, modern and chic as well as traditional and ethnic ornaments. It sells its jewellery through its retail stores. The company has all its revenue from operations within the Indian market.

Atlas Jewellery India (BOM:514394) Headlines

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