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Akums Drugs and Pharmaceuticals (BOM:544222) Days Inventory : 98.76 (As of Sep. 2024)


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What is Akums Drugs and Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Akums Drugs and Pharmaceuticals's Average Total Inventories for the six months ended in Sep. 2024 was ₹6,450 Mil. Akums Drugs and Pharmaceuticals's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹11,920 Mil. Hence, Akums Drugs and Pharmaceuticals's Days Inventory for the six months ended in Sep. 2024 was 98.76.

The historical rank and industry rank for Akums Drugs and Pharmaceuticals's Days Inventory or its related term are showing as below:

BOM:544222' s Days Inventory Range Over the Past 10 Years
Min: 88.44   Med: 93.79   Max: 114.86
Current: 97.09

During the past 4 years, Akums Drugs and Pharmaceuticals's highest Days Inventory was 114.86. The lowest was 88.44. And the median was 93.79.

BOM:544222's Days Inventory is ranked better than
79.03% of 944 companies
in the Drug Manufacturers industry
Industry Median: 156.935 vs BOM:544222: 97.09

Akums Drugs and Pharmaceuticals's Days Inventory declined from Sep. 2023 (99.90) to Sep. 2024 (98.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Akums Drugs and Pharmaceuticals's Inventory Turnover for the six months ended in Sep. 2024 was 1.85.

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. Akums Drugs and Pharmaceuticals's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.31.


Akums Drugs and Pharmaceuticals Days Inventory Historical Data

The historical data trend for Akums Drugs and Pharmaceuticals'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.

Akums Drugs and Pharmaceuticals Days Inventory Chart

Akums Drugs and Pharmaceuticals Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
91.45 88.44 114.86 96.13

Akums Drugs and Pharmaceuticals Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial 110.95 119.01 99.90 93.50 98.76

Competitive Comparison of Akums Drugs and Pharmaceuticals's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Akums Drugs and Pharmaceuticals'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.


Akums Drugs and Pharmaceuticals's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Akums Drugs and Pharmaceuticals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Akums Drugs and Pharmaceuticals's Days Inventory falls into.



Akums Drugs and Pharmaceuticals Days Inventory Calculation

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

Akums Drugs and Pharmaceuticals'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
=( (7297.95 + 6304.25) / 2 ) / 25822.24*365
=6801.1 / 25822.24*365
=96.13

Akums Drugs and Pharmaceuticals's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (6304.25 + 6595.96) / 2 ) / 11919.55*365 / 2
=6450.105 / 11919.55*365 / 2
=98.76

* 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.


Akums Drugs and Pharmaceuticals  (BOM:544222) 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.

Akums Drugs and Pharmaceuticals's Inventory Turnover for the six months ended in Sep. 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.

Akums Drugs and Pharmaceuticals's Inventory to Revenue for the six months ended in Sep. 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.


Akums Drugs and Pharmaceuticals Days Inventory Related Terms

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Akums Drugs and Pharmaceuticals Business Description

Comparable Companies
Traded in Other Exchanges
Address
Akums House, Plot No. 131 to 133, Block C, Mangolpuri Industrial Area Phase1, Adjoining CBSE Office, Delhi, IND, 110083
Akums Drugs and Pharmaceuticals Ltd a pharmaceutical contract development and manufacturing organization (CDMO) offering a comprehensive range of pharmaceutical products and services in India and overseas. Its services include formulation research and development (R&D), preparation and filing of regulatory dossiers in the Indian and Outside markets, and other testing services. It is also engaged in the manufacturing and sale of branded pharmaceutical formulations and active pharmaceutical ingredients (APIs). The operates in three segments: a) Contract Development and Manufacturing Operations (CDMO), b) Active Pharmaceutical Ingredient (API), and c) Branded and Generic formulations. Key revenue is generated from Contract Development and Manufacturing Operations (CDMO).

Akums Drugs and Pharmaceuticals Headlines

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