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Aksh Optifibre (BOM:532351) Days Inventory : 76.64 (As of Dec. 2024)


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What is Aksh Optifibre Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aksh Optifibre's Average Total Inventories for the three months ended in Dec. 2024 was ₹169 Mil. Aksh Optifibre's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹202 Mil. Hence, Aksh Optifibre's Days Inventory for the three months ended in Dec. 2024 was 76.64.

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

BOM:532351' s Days Inventory Range Over the Past 10 Years
Min: 33.8   Med: 59.01   Max: 175.44
Current: 69.61

During the past 13 years, Aksh Optifibre's highest Days Inventory was 175.44. The lowest was 33.80. And the median was 59.01.

BOM:532351's Days Inventory is ranked better than
66.89% of 2386 companies
in the Hardware industry
Industry Median: 96.04 vs BOM:532351: 69.61

Aksh Optifibre's Days Inventory increased from Dec. 2023 (65.05) to Dec. 2024 (76.64). It might indicate that Aksh Optifibre's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aksh Optifibre's Inventory Turnover for the three months ended in Dec. 2024 was 1.19.

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. Aksh Optifibre's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.58.


Aksh Optifibre Days Inventory Historical Data

The historical data trend for Aksh Optifibre'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.

Aksh Optifibre Days Inventory Chart

Aksh Optifibre 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 175.44 132.05 92.10 64.58 53.43

Aksh Optifibre 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 65.05 44.77 67.93 82.97 76.64

Competitive Comparison of Aksh Optifibre's Days Inventory

For the Communication Equipment subindustry, Aksh Optifibre'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.


Aksh Optifibre's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aksh Optifibre's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aksh Optifibre's Days Inventory falls into.


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Aksh Optifibre Days Inventory Calculation

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

Aksh Optifibre'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
=( (241.633 + 223.397) / 2 ) / 1588.395*365
=232.515 / 1588.395*365
=53.43

Aksh Optifibre'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
=( (169.257 + 0) / 1 ) / 201.529*365 / 4
=169.257 / 201.529*365 / 4
=76.64

* 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.


Aksh Optifibre  (BOM:532351) 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.

Aksh Optifibre'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.

Aksh Optifibre'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.


Aksh Optifibre Days Inventory Related Terms

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Aksh Optifibre Business Description

Traded in Other Exchanges
Address
Mathura Road, A-32, 2nd Floor, Mohan Co-operative Industrial Estate, New Delhi, IND, 110044
Aksh Optifibre Ltd engages in the manufacture and sale of optical fiber, optical fiber cable, fiber-reinforced plastic rods, impregnated glass roving reinforcement, and ophthalmic lenses. The company also offers various services, which include Duct Cables, Armoured, FTTH solutions, and networking. The company operates through Manufacturing and Services segments. The company also provides Internet Protocol Television services in association with MTNL in the cities of Delhi and Mumbai, and IPTV services with BSNL in cities of North India. The Manufacturing segment generates the majority of the firm's revenue.

Aksh Optifibre Headlines

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