GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AMS Polymers Ltd (BOM:540066) » Definitions » Days Inventory

AMS Polymers (BOM:540066) Days Inventory : 15.28 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is AMS Polymers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AMS Polymers's Average Total Inventories for the three months ended in Mar. 2024 was ₹28.2 Mil. AMS Polymers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹168.5 Mil. Hence, AMS Polymers's Days Inventory for the three months ended in Mar. 2024 was 15.28.

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

BOM:540066' s Days Inventory Range Over the Past 10 Years
Min: 12.03   Med: 22.34   Max: 12567.8
Current: 12.09

During the past 12 years, AMS Polymers's highest Days Inventory was 12567.80. The lowest was 12.03. And the median was 22.34.

BOM:540066's Days Inventory is not ranked
in the Chemicals industry.
Industry Median: 81.73 vs BOM:540066: 12.09

AMS Polymers's Days Inventory increased from Mar. 2023 (10.25) to Mar. 2024 (15.28). It might indicate that AMS Polymers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AMS Polymers's Inventory Turnover for the three months ended in Mar. 2024 was 5.97.

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. AMS Polymers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.16.


AMS Polymers Days Inventory Historical Data

The historical data trend for AMS Polymers'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.

AMS Polymers Days Inventory Chart

AMS Polymers 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 22.34 33.42 22.27 12.03 12.49

AMS Polymers 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 10.25 11.04 10.22 11.44 15.28

Competitive Comparison of AMS Polymers's Days Inventory

For the Specialty Chemicals subindustry, AMS Polymers'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.


AMS Polymers's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AMS Polymers's Days Inventory distribution charts can be found below:

* The bar in red indicates where AMS Polymers's Days Inventory falls into.



AMS Polymers Days Inventory Calculation

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

AMS Polymers'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
=( (25.663 + 28.201) / 2 ) / 786.938*365
=26.932 / 786.938*365
=12.49

AMS Polymers'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 + 28.201) / 1 ) / 168.458*365 / 4
=28.201 / 168.458*365 / 4
=15.28

* 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.


AMS Polymers  (BOM:540066) 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.

AMS Polymers'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.

AMS Polymers'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.


AMS Polymers Days Inventory Related Terms

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


AMS Polymers (BOM:540066) Business Description

Traded in Other Exchanges
N/A
Address
C-582, Saraswati Vihar, Pitampura, Delhi, IND, 110034
AMS Polymers Ltd is an India-based company. It manufactures and trades in all types of organic and inorganic chemicals. Organic chemicals cover over half of all known chemical compounds and include petrochemicals, drugs, cosmetics, agrochemicals, etc. and Inorganic chemicals comprise alkalis, dyes, and dyestuffs. It gets its revenue from India.

AMS Polymers (BOM:540066) Headlines

No Headlines