AVI Products India (BOM:523896) Days Inventory : 269.68 (As of Dec. 2024)

View and export this data going back to 1993. Start your Free Trial

What is AVI Products India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AVI Products India's Average Total Inventories for the three months ended in Dec. 2024 was ₹24.43 Mil. AVI Products India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹8.27 Mil. Hence, AVI Products India's Days Inventory for the three months ended in Dec. 2024 was 269.68.

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

BOM:523896' s Days Inventory Range Over the Past 10 Years
Min: 95.85 Med: 161.02 Max: 341.07
Current: 341.07

During the past 13 years, AVI Products India's highest Days Inventory was 341.07. The lowest was 95.85. And the median was 161.02.

BOM:523896's Days Inventory is ranked worse than
94.5% of 109 companies
in the Medical Distribution industry
Industry Median: 55.61 vs BOM:523896: 341.07

AVI Products India's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (269.68). It might indicate that AVI Products India'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. AVI Products India's Inventory Turnover for the three months ended in Dec. 2024 was 0.34.

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. AVI Products India's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.16.

AVI Products India Days Inventory Historical Data

The historical data trend for AVI Products 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.

AVI Products India Days Inventory Chart

AVI Products India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

145.25

301.83

275.04

271.53

223.53

AVI Products India 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															-	393.59	297.68	470.94	269.68

Competitive Comparison of AVI Products India's Days Inventory

For the Medical Distribution subindustry, AVI Products 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.

AVI Products India's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AVI Products India's Days Inventory distribution charts can be found below:

* The bar in red indicates where AVI Products India's Days Inventory falls into.

Save Embed

;

Save Embed

;

AVI Products India Days Inventory Calculation

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

AVI Products India'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
=	( (16.875	+	21.847)	/	2 )	/	31.614	*	365
=	19.361					/	31.614	*	365
=	223.53

AVI Products India'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
=	( (24.432	+	0)	/	1 )	/	8.267	*	365 / 4
=	24.432					/	8.267	*	365 / 4
=	269.68

AVI Products India (BOM:523896) 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.

AVI Products India's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.267	/	24.432
	=	0.34

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.

AVI Products India's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.432	/	11.289
	=	2.16

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.

AVI Products India Days Inventory Related Terms

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

AVI Products India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AVI Products India Ltd (BOM:523896) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Navghar Road, 110, Manish Industrial Estate No. 4, Vasai (East), District Palghar, Palghar, MH, IND, 401210

Website

https://www.aviphoto.in

AVI Products India Ltd is an India-based company. It is involved in two main segments: E-commerce and Trading (Dental products), which is the key revenue driver; and Food and beverages. The company markets dental consumables and machinery through its E-commerce portal. It has ventured into the ice cream business with its brand IFRUIT, under which it designs and develops equipment and formats for various ice cream forms like rolls, soft serve, hard ice creams, gelatos, and sorbets, among others.

AVI Products India Headlines

No Headlines