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Aarti Surfactants (BOM:543210) Days Inventory : 74.02 (As of Mar. 2024)


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What is Aarti Surfactants Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aarti Surfactants's Average Total Inventories for the three months ended in Mar. 2024 was ₹992 Mil. Aarti Surfactants's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,223 Mil. Hence, Aarti Surfactants's Days Inventory for the three months ended in Mar. 2024 was 74.02.

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

BOM:543210' s Days Inventory Range Over the Past 10 Years
Min: 55.02   Med: 63.77   Max: 73.72
Current: 73.72

During the past 6 years, Aarti Surfactants's highest Days Inventory was 73.72. The lowest was 55.02. And the median was 63.77.

BOM:543210's Days Inventory is ranked better than
55.87% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs BOM:543210: 73.72

Aarti Surfactants's Days Inventory increased from Mar. 2023 (57.15) to Mar. 2024 (74.02). It might indicate that Aarti Surfactants's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aarti Surfactants's Inventory Turnover for the three months ended in Mar. 2024 was 1.23.

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


Aarti Surfactants Days Inventory Historical Data

The historical data trend for Aarti Surfactants'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.

Aarti Surfactants Days Inventory Chart

Aarti Surfactants Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 70.97 60.83 55.02 58.54 72.15

Aarti Surfactants Quarterly Data
Mar19 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 57.15 61.53 80.18 83.67 74.02

Competitive Comparison of Aarti Surfactants's Days Inventory

For the Specialty Chemicals subindustry, Aarti Surfactants'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.


Aarti Surfactants's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Aarti Surfactants's Days Inventory falls into.



Aarti Surfactants Days Inventory Calculation

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

Aarti Surfactants'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
=( (773.263 + 992.077) / 2 ) / 4465.522*365
=882.67 / 4465.522*365
=72.15

Aarti Surfactants'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 + 992.077) / 1 ) / 1223.034*365 / 4
=992.077 / 1223.034*365 / 4
=74.02

* 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.


Aarti Surfactants  (BOM:543210) 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.

Aarti Surfactants'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.

Aarti Surfactants'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.


Aarti Surfactants Days Inventory Related Terms

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


Aarti Surfactants (BOM:543210) Business Description

Traded in Other Exchanges
Address
Mulund-Goregaon Link Road, 2nd Floor, Unit 202, Plot 71, Udyog Kshetra, L.B.S. Marg, Mulund (West), Mumbai, MH, IND, 400 080
Aarti Surfactants Ltd is the producer of ionic and non-ionic surfactants and specialty products, serving Home and Personal Care, Industrial Applications, and the Agro and Oil industries. The company's product portfolio includes Surfactants, Mild surfactants, Rheology modifiers, Pearlising agents, UV filters, Syndet and soap bases, and Active ingredients, as well as conditioning agents, blends, proteins, and quats. Geographically the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India. The products of the group have application in consumer-centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.

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