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Asian Tea & Exports (BOM:519532) Days Inventory : 8.16 (As of Dec. 2024)


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What is Asian Tea & Exports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asian Tea & Exports's Average Total Inventories for the three months ended in Dec. 2024 was ₹2.9 Mil. Asian Tea & Exports's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹32.8 Mil. Hence, Asian Tea & Exports's Days Inventory for the three months ended in Dec. 2024 was 8.16.

The historical rank and industry rank for Asian Tea & Exports's Days Inventory or its related term are showing as below:

BOM:519532' s Days Inventory Range Over the Past 10 Years
Min: 14.63   Med: 58.54   Max: 128.98
Current: 14.63

During the past 13 years, Asian Tea & Exports's highest Days Inventory was 128.98. The lowest was 14.63. And the median was 58.54.

BOM:519532's Days Inventory is ranked better than
85.76% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.38 vs BOM:519532: 14.63

Asian Tea & Exports's Days Inventory declined from Dec. 2023 (34.53) to Dec. 2024 (8.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asian Tea & Exports's Inventory Turnover for the three months ended in Dec. 2024 was 11.19.

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. Asian Tea & Exports's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.08.


Asian Tea & Exports Days Inventory Historical Data

The historical data trend for Asian Tea & Exports'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.

Asian Tea & Exports Days Inventory Chart

Asian Tea & Exports Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.81 27.78 45.31 82.44 30.79

Asian Tea & Exports 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 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 34.53 9.27 13.94 2.16 8.16

Competitive Comparison of Asian Tea & Exports's Days Inventory

For the Food Distribution subindustry, Asian Tea & Exports'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.


Asian Tea & Exports's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asian Tea & Exports's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asian Tea & Exports's Days Inventory falls into.


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Asian Tea & Exports Days Inventory Calculation

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

Asian Tea & Exports'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
=( (49.902 + 17.817) / 2 ) / 401.441*365
=33.8595 / 401.441*365
=30.79

Asian Tea & Exports'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
=( (2.93 + 0) / 1 ) / 32.781*365 / 4
=2.93 / 32.781*365 / 4
=8.16

* 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.


Asian Tea & Exports  (BOM:519532) 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.

Asian Tea & Exports's Inventory Turnover for the three months ended in Dec. 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.

Asian Tea & Exports's Inventory to Revenue for the three months ended in Dec. 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.


Asian Tea & Exports Days Inventory Related Terms

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Asian Tea & Exports Business Description

Traded in Other Exchanges
N/A
Address
4/1, Middleton Street, 5th Floor, Sikkim Commerce House, Kolkata, WB, IND, 700071
Asian Tea & Exports Ltd is an India-based company engaged in the trading of tea, rice, and pulses. The company caters to both domestic and international markets. It generates a vast majority of the revenue from sales of pulses domestically. The company generates the majority of its revenue from the sale of Pulses, followed by the sale of Tea. The company generates all of its revenue from India.

Asian Tea & Exports Headlines

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