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Asian Granito India (BOM:532888) Days Inventory : 51.96 (As of Mar. 2024)


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What is Asian Granito India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asian Granito India's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,671 Mil. Asian Granito India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,691 Mil. Hence, Asian Granito India's Days Inventory for the three months ended in Mar. 2024 was 51.96.

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

BOM:532888' s Days Inventory Range Over the Past 10 Years
Min: 81.7   Med: 120.45   Max: 130.73
Current: 82.43

During the past 13 years, Asian Granito India's highest Days Inventory was 130.73. The lowest was 81.70. And the median was 120.45.

BOM:532888's Days Inventory is ranked worse than
63.65% of 1392 companies
in the Construction industry
Industry Median: 48.67 vs BOM:532888: 82.43

Asian Granito India's Days Inventory increased from Mar. 2023 (42.49) to Mar. 2024 (51.96). It might indicate that Asian Granito India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asian Granito India's Inventory Turnover for the three months ended in Mar. 2024 was 1.76.

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 Granito India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.63.


Asian Granito India Days Inventory Historical Data

The historical data trend for Asian Granito 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.

Asian Granito India Days Inventory Chart

Asian Granito India 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 120.36 128.01 97.25 82.76 81.70

Asian Granito India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.49 108.24 96.20 107.31 51.96

Competitive Comparison of Asian Granito India's Days Inventory

For the Building Products & Equipment subindustry, Asian Granito 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.


Asian Granito India's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asian Granito India's Days Inventory falls into.



Asian Granito India Days Inventory Calculation

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

Asian Granito 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
=( (2550.437 + 2671.279) / 2 ) / 11664.767*365
=2610.858 / 11664.767*365
=81.70

Asian Granito India's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 2671.279) / 1 ) / 4691.353*365 / 4
=2671.279 / 4691.353*365 / 4
=51.96

* 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 Granito India  (BOM:532888) 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 Granito India's Inventory Turnover for the three months ended in Mar. 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 Granito India's Inventory to Revenue for the three months ended in Mar. 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 Granito India Days Inventory Related Terms

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


Asian Granito India (BOM:532888) Business Description

Traded in Other Exchanges
Address
S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380059
Asian Granito India Ltd is engaged in manufacturing and selling of wall and floor tiles. The company products portfolio include vitrified tiles, ceramic wall tiles, marbles stones, grestek, crystal collection, aquart and quartz stones where some are exported to various countries such as United States, Africa, Gulf, and the Middle East countries. The Company has only one reportable segment viz, Tiles & Marbles. Firm's majority revenue gets generated through sales in the Indian market.

Asian Granito India (BOM:532888) Headlines

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