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Droneacharya Aerial Innovations (BOM:543713) Days Inventory : 0.24 (As of Mar. 2024)


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What is Droneacharya Aerial Innovations Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Droneacharya Aerial Innovations's Average Total Inventories for the six months ended in Mar. 2024 was ₹0.1 Mil. Droneacharya Aerial Innovations's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹71.9 Mil. Hence, Droneacharya Aerial Innovations's Days Inventory for the six months ended in Mar. 2024 was 0.24.

The historical rank and industry rank for Droneacharya Aerial Innovations's Days Inventory or its related term are showing as below:

BOM:543713' s Days Inventory Range Over the Past 10 Years
Min: 0.44   Med: 0.45   Max: 0.45
Current: 0.44

During the past 5 years, Droneacharya Aerial Innovations's highest Days Inventory was 0.45. The lowest was 0.44. And the median was 0.45.

BOM:543713's Days Inventory is ranked better than
99.75% of 2403 companies
in the Hardware industry
Industry Median: 100.16 vs BOM:543713: 0.44

Droneacharya Aerial Innovations's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (0.24). It might indicate that Droneacharya Aerial Innovations's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Droneacharya Aerial Innovations's Inventory Turnover for the six months ended in Mar. 2024 was 773.34.

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. Droneacharya Aerial Innovations's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.00.

Droneacharya Aerial Innovations Days Inventory Historical Data

The historical data trend for Droneacharya Aerial Innovations'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.

Droneacharya Aerial Innovations Days Inventory Chart

Droneacharya Aerial Innovations Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
- - - - 0.45

Droneacharya Aerial Innovations Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial - - - 3.33 0.24

Competitive Comparison of Droneacharya Aerial Innovations's Days Inventory

For the Computer Hardware subindustry, Droneacharya Aerial Innovations'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.

Droneacharya Aerial Innovations's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Droneacharya Aerial Innovations's Days Inventory distribution charts can be found below:

* The bar in red indicates where Droneacharya Aerial Innovations's Days Inventory falls into.


Droneacharya Aerial Innovations Days Inventory Calculation

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

Droneacharya Aerial Innovations'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
=( (0 + 0.095) / 1 ) / 76.914*365
=0.095 / 76.914*365
=0.45

Droneacharya Aerial Innovations'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.091 + 0.095) / 2 ) / 71.921*365 / 2
=0.093 / 71.921*365 / 2
=0.24

* 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.

Droneacharya Aerial Innovations  (BOM:543713) 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.

Droneacharya Aerial Innovations's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=71.921 / 0.093
=773.34

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.

Droneacharya Aerial Innovations's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.093 / 143.642
=0.00

* 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.

Droneacharya Aerial Innovations Days Inventory Related Terms

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

Droneacharya Aerial Innovations Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneacharya Aerial Innovations Ltd (BOM:543713) » Definitions » Days Inventory
Comparable Companies
BOM:532513 BOM:532373 BOM:532413 BOM:517399 BOM:532354 BOM:543269 BOM:517044 ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992 WDC SMCI XSWX:LOGN
Traded in Other Exchanges
N/A
Address
New No. 51, (Old No.14) Richmond Road, Cabin No. - 10, 5th Floor, IndiQube Penta, Bangalore, KA, IND, 560025
Website
https://www.droneacharya.com
Droneacharya Aerial Innovations Ltd provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, The main operations of the company are Imparting the Drone operation Training, Drone supply and Maintenance services , Management Consultancy and training services. Drone pilot training & specialized GIS training. The company's offerings can be classified into four broad categories namely, Training, Services, Surveillance and others.

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