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India Pesticides (BOM:543311) Days Inventory : 283.69 (As of Mar. 2024)


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What is India Pesticides Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). India Pesticides's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,080 Mil. India Pesticides's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹669 Mil. Hence, India Pesticides's Days Inventory for the three months ended in Mar. 2024 was 283.69.

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

BOM:543311' s Days Inventory Range Over the Past 10 Years
Min: 53.43   Med: 92.64   Max: 198.5
Current: 187.06

During the past 6 years, India Pesticides's highest Days Inventory was 198.50. The lowest was 53.43. And the median was 92.64.

BOM:543311's Days Inventory is ranked worse than
75.98% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs BOM:543311: 187.06

India Pesticides's Days Inventory increased from Mar. 2023 (188.23) to Mar. 2024 (283.69). It might indicate that India Pesticides'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. India Pesticides's Inventory Turnover for the three months ended in Mar. 2024 was 0.32.

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. India Pesticides's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.65.


India Pesticides Days Inventory Historical Data

The historical data trend for India Pesticides'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.

India Pesticides Days Inventory Chart

India Pesticides Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 53.43 58.74 115.97 137.22 198.50

India Pesticides Quarterly Data
Mar19 Mar20 Sep20 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 188.23 156.29 126.77 230.28 283.69

Competitive Comparison of India Pesticides's Days Inventory

For the Agricultural Inputs subindustry, India Pesticides'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.


India Pesticides's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Days Inventory distribution charts can be found below:

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



India Pesticides Days Inventory Calculation

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

India Pesticides'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
=( (2249.65 + 2080.2) / 2 ) / 3980.8*365
=2164.925 / 3980.8*365
=198.50

India Pesticides'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 + 2080.2) / 1 ) / 669.1*365 / 4
=2080.2 / 669.1*365 / 4
=283.69

* 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.


India Pesticides  (BOM:543311) 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.

India Pesticides'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.

India Pesticides'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.


India Pesticides Days Inventory Related Terms

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


India Pesticides (BOM:543311) Business Description

Traded in Other Exchanges
Address
Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004
India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.

India Pesticides (BOM:543311) Headlines

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