Advait Infratech (BOM:543230) Days Inventory : 58.48 (As of Sep. 2023)

Advait Infratech Days Inventory Chart

Advait Infratech Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial						79.17	62.66	98.36	39.07	58.48

Competitive Comparison of Advait Infratech's Days Inventory

For the Specialty Industrial Machinery subindustry, Advait Infratech'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.

Advait Infratech's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advait Infratech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advait Infratech's Days Inventory falls into.

Advait Infratech Days Inventory Calculation

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

Advait Infratech's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Advait Infratech's Days Inventory for the quarter that ended in Sep. 2023 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.

Advait Infratech  (BOM:543230) 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.

Advait Infratech's Inventory Turnover for the six months ended in Sep. 2023 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.

Advait Infratech's Inventory to Revenue for the six months ended in Sep. 2023 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.

Advait Infratech Days Inventory Related Terms

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Advait Infratech (BOM:543230) Business Description