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Atam Valves (BOM:543236) Days Inventory : 198.35 (As of Mar. 2024)


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What is Atam Valves Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atam Valves's Average Total Inventories for the three months ended in Mar. 2024 was ₹212.3 Mil. Atam Valves's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹97.7 Mil. Hence, Atam Valves's Days Inventory for the three months ended in Mar. 2024 was 198.35.

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

BOM:543236' s Days Inventory Range Over the Past 10 Years
Min: 158.18   Med: 305.76   Max: 372.69
Current: 227.38

During the past 7 years, Atam Valves's highest Days Inventory was 372.69. The lowest was 158.18. And the median was 305.76.

BOM:543236's Days Inventory is ranked worse than
80.8% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs BOM:543236: 227.38

Atam Valves's Days Inventory increased from Mar. 2023 (106.07) to Mar. 2024 (198.35). It might indicate that Atam Valves's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atam Valves's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Atam Valves's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.23.


Atam Valves Days Inventory Historical Data

The historical data trend for Atam Valves'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.

Atam Valves Days Inventory Chart

Atam Valves Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 342.25 299.06 309.65 158.18 219.67

Atam Valves Quarterly Data
Mar18 Mar19 Mar20 Sep20 Mar21 Jun21 Sep21 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 106.07 222.29 246.73 271.23 198.35

Competitive Comparison of Atam Valves's Days Inventory

For the Specialty Industrial Machinery subindustry, Atam Valves'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.


Atam Valves's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Atam Valves's Days Inventory falls into.



Atam Valves Days Inventory Calculation

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

Atam Valves'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
=( (138.662 + 212.338) / 2 ) / 291.603*365
=175.5 / 291.603*365
=219.67

Atam Valves'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 + 212.338) / 1 ) / 97.686*365 / 4
=212.338 / 97.686*365 / 4
=198.35

* 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.


Atam Valves  (BOM:543236) 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.

Atam Valves'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.

Atam Valves'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.


Atam Valves Days Inventory Related Terms

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


Atam Valves (BOM:543236) Business Description

Traded in Other Exchanges
Address
1051, Industrial Area, Jalandhar, PB, IND, 144004
Atam Valves Ltd is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless steel, forged steel as well as gun metal industrial valves of various types and sizes ranging from 8 mm up to 350 mm. It manufactures boiler mountings and supplies various types of valves and fittings, steam traps, and strainers. The company's products range includes Air Valves; Ball Valves; Butterfly Valves; Check Valves; Cocks; Foot Valves; Gate Valves; Globe Valves; Injectors; Moisture Separators; Needle Valves; Non Return Valves; Parallel Slide Blow Off Valves; Plug Valves; Pressure Reducing Valves; Safety Valves; Sight Indicators; Steam Stop Valves; Steam Traps; Strainers; Water Level Gauges; and Wheel Valves.

Atam Valves (BOM:543236) Headlines

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