Ambo Agritec (BOM:543678) Days Inventory : 88.18 (As of Sep. 2023)

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What is Ambo Agritec Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ambo Agritec's Average Total Inventories for the six months ended in Sep. 2023 was ₹180.0 Mil. Ambo Agritec's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹372.5 Mil. Hence, Ambo Agritec's Days Inventory for the six months ended in Sep. 2023 was 88.18.

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

BOM:543678' s Days Inventory Range Over the Past 10 Years
Min: 48.34 Med: 59.75 Max: 176.36
Current: 176.36

During the past 4 years, Ambo Agritec's highest Days Inventory was 176.36. The lowest was 48.34. And the median was 59.75.

BOM:543678's Days Inventory is ranked worse than
83.16% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs BOM:543678: 176.36

Ambo Agritec's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (88.18). It might indicate that Ambo Agritec's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ambo Agritec's Inventory Turnover for the six months ended in Sep. 2023 was 2.07.

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. Ambo Agritec's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.43.

Ambo Agritec Days Inventory Historical Data

The historical data trend for Ambo Agritec'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.

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Ambo Agritec Days Inventory Chart

Ambo Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

50.66

82.19

48.34

68.83

Ambo Agritec Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23
Days Inventory	-	-	-	-	88.18

Competitive Comparison of Ambo Agritec's Days Inventory

For the Packaged Foods subindustry, Ambo Agritec'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.

Ambo Agritec's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ambo Agritec's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ambo Agritec's Days Inventory falls into.

Ambo Agritec Days Inventory Calculation

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

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

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (134.827	+	148.41)	/	2 )	/	750.998	*	365
=	141.6185					/	750.998	*	365
=	68.83

Ambo Agritec's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (148.41	+	211.567)	/	2 )	/	372.506	*	365 / 2
=	179.9885					/	372.506	*	365 / 2
=	88.18

Ambo Agritec (BOM:543678) 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.

Ambo Agritec's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	372.506	/	179.9885
	=	2.07

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.

Ambo Agritec's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	179.9885	/	418.586
	=	0.43

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.

Ambo Agritec Days Inventory Related Terms

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

Ambo Agritec (BOM:543678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ambo Agritec Ltd (BOM:543678) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.amboagritec.com

Ambo Agritec Ltd is primarily engaged in the business of manufacturing biscuits, outsourced manufacturing of edible oils, vanaspati, and bengali speciality products. In addition to this, the company is also engaged in trading crude linseed oil, and soya bean meal.

Ambo Agritec (BOM:543678) Headlines

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