Asahi Industries (BOM:514482) Days Inventory: 0.00 (As of Jun. 2021)

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BOM:514482 Asahi Industries Ltd BOM:514482
4 GF Score
Price ₹5.09
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What is Asahi Industries Days Inventory?

Asahi Industries BOM:514482 4 Days Inventory is 0.00 as of Jun. 2021. GuruFocus rates BOM:514482 with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Asahi Industries's Average Total Inventories for the three months ended in Jun. 2021 was ₹2.01 Mil. Asahi Industries's Cost of Goods Sold for the three months ended in Jun. 2021 was ₹0.00 Mil.

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

BOM:514482's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.65
* Ranked among companies with meaningful Days Inventory only.

Asahi Industries's Days Inventory stayed the same from Mar. 2020 (0.00) to Jun. 2021 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asahi Industries's Inventory Turnover for the three months ended in Jun. 2021 was 0.00.

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.


Asahi Industries  (BOM:514482) 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.

Asahi Industries's Inventory Turnover for the three months ended in Jun. 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.

Asahi Industries's Inventory to Revenue for the three months ended in Jun. 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.


Asahi Industries Days Inventory Related Terms


Asahi Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Asahi Industries'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.

Asahi Industries Days Inventory Chart

Asahi Industries 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 106.95 129.30 10.37 0.00 0.00

Asahi Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21
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 0.00 0.00 0.00 0.00 0.00

BOM:514482 vs AIN: Days Inventory Comparison

For the Textile Manufacturing subindustry, Asahi Industries'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.


Asahi Industries Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asahi Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asahi Industries's Days Inventory falls into.


BOM:514482
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Asahi Industries Ltd BOM:514482
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Industries Days Inventory Calculation

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

Asahi Industries'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
=( (2.012 + 2.012) / 2 ) / 0*365
=2.012 / 0*365
=N/A

Asahi Industries's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (2.012 + 0) / 1 ) / 0*365 / 4
=2.012 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Asahi Industries (BOM:514482) has a Days Inventory of 0.00 as of Jun. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Asahi Industries and its competitors.
Is Asahi Industries' Days Inventory too high?
Asahi Industries' current Days Inventory is 0.00. Overall, Asahi Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Asahi Industries' Days Inventory compare to AIN?
Asahi Industries' Days Inventory of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.65, based on 1,005 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Asahi Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Industries's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Industries stock overvalued right now?
Asahi Industries (BOM:514482) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Asahi Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Asahi Industries (BOM:514482), the current Days Inventory is 0.00 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Asahi Industries Business Description

Address 396, Veer Savarkar Marg, Ground Floor, Kamat Industrial Estate, Prabhadevi, Mumbai, MH, IND, 400025
Asahi Industries Ltd manufactures and exports cotton and polyester yarn.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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