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AKI India (BOM:542020) Days Inventory : 155.60 (As of Dec. 2024)


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What is AKI India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AKI India's Average Total Inventories for the three months ended in Dec. 2024 was ₹318.8 Mil. AKI India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹187.0 Mil. Hence, AKI India's Days Inventory for the three months ended in Dec. 2024 was 155.60.

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

BOM:542020' s Days Inventory Range Over the Past 10 Years
Min: 108.06   Med: 118.56   Max: 163.29
Current: 160.51

During the past 11 years, AKI India's highest Days Inventory was 163.29. The lowest was 108.06. And the median was 118.56.

BOM:542020's Days Inventory is ranked worse than
63.74% of 990 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.945 vs BOM:542020: 160.51

AKI India's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (155.60). It might indicate that AKI 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. AKI India's Inventory Turnover for the three months ended in Dec. 2024 was 0.59.

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. AKI India's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.41.


AKI India Days Inventory Historical Data

The historical data trend for AKI 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.

AKI India Days Inventory Chart

AKI 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 163.29 151.86 112.74 110.83 140.24

AKI India Quarterly Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 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 - 119.89 148.43 263.95 155.60

Competitive Comparison of AKI India's Days Inventory

For the Footwear & Accessories subindustry, AKI 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.


AKI India's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, AKI India's Days Inventory distribution charts can be found below:

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


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AKI India Days Inventory Calculation

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

AKI 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
=( (196.316 + 273.396) / 2 ) / 611.263*365
=234.856 / 611.263*365
=140.24

AKI 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
=( (318.808 + 0) / 1 ) / 186.958*365 / 4
=318.808 / 186.958*365 / 4
=155.60

* 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.


AKI India  (BOM:542020) 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.

AKI India'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.

AKI India'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.


AKI India Days Inventory Related Terms

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


AKI India Business Description

Traded in Other Exchanges
Address
9/6 (11), Asharfabad Jajmau, Kanpur, UP, IND, 208010
AKI India Ltd is engaged in the manufacturing of Leather Saddlery and Harness Goods. The Company operates in single Segment i.e. Leather & Leather Goods. The firm offers bridles, browbands, chaps and gaitors, driving harness, head collars, miscellaneous, reins, rugs, and saddle girth products, footwear for men and women, including countryside, formal, marine, outdoor, and riding footwear products, as well as slippers and sandals and casual shoes and bag, belt, footwear, harness and upholstery leather products.

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