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Amrutanjan Health Care (BOM:590006) Days Inventory : 49.83 (As of Dec. 2023)


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What is Amrutanjan Health Care Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Amrutanjan Health Care's Average Total Inventories for the three months ended in Dec. 2023 was ₹309 Mil. Amrutanjan Health Care's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹566 Mil. Hence, Amrutanjan Health Care's Days Inventory for the three months ended in Dec. 2023 was 49.83.

The historical rank and industry rank for Amrutanjan Health Care's Days Inventory or its related term are showing as below:

BOM:590006' s Days Inventory Range Over the Past 10 Years
Min: 38.27   Med: 49.83   Max: 60.71
Current: 55.04

During the past 13 years, Amrutanjan Health Care's highest Days Inventory was 60.71. The lowest was 38.27. And the median was 49.83.

BOM:590006's Days Inventory is ranked better than
91.57% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.54 vs BOM:590006: 55.04

Amrutanjan Health Care's Days Inventory declined from Dec. 2022 (66.13) to Dec. 2023 (49.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Amrutanjan Health Care's Inventory Turnover for the three months ended in Dec. 2023 was 1.83.

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. Amrutanjan Health Care's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Amrutanjan Health Care Days Inventory Historical Data

The historical data trend for Amrutanjan Health Care'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.

Amrutanjan Health Care Days Inventory Chart

Amrutanjan Health Care Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.27 59.69 53.60 43.96 54.98

Amrutanjan Health Care Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.13 51.48 64.77 55.36 49.83

Competitive Comparison of Amrutanjan Health Care's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Amrutanjan Health Care'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.


Amrutanjan Health Care's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amrutanjan Health Care's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amrutanjan Health Care's Days Inventory falls into.



Amrutanjan Health Care Days Inventory Calculation

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

Amrutanjan Health Care'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
=( (260.007 + 288.251) / 2 ) / 1819.786*365
=274.129 / 1819.786*365
=54.98

Amrutanjan Health Care's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (308.903 + 0) / 1 ) / 565.722*365 / 4
=308.903 / 565.722*365 / 4
=49.83

* 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.


Amrutanjan Health Care  (BOM:590006) 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.

Amrutanjan Health Care's Inventory Turnover for the three months ended in Dec. 2023 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.

Amrutanjan Health Care's Inventory to Revenue for the three months ended in Dec. 2023 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.


Amrutanjan Health Care Days Inventory Related Terms

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


Amrutanjan Health Care (BOM:590006) Business Description

Traded in Other Exchanges
Address
No. 103 (Old No. 42-45), Luz Church Road, Mylapore, Chennai, TN, IND, 600 004
Amrutanjan Health Care Ltd manufactures Ayurvedic and allopathic products. The company operates through the following segments: OTC Products, Beverages, and Others. The majority of the revenue is generated from its OTC segment which is engaged in the manufacturing products of pain management, congestion management, and hygiene. Its beverage segment includes manufacturing fruit juices and oral rehydration drinks. Some of its products include Roll-on, Spray, Balm, Cough Syrup, Sanitary napkin, and inhaler. Geographically, it generates the majority of the revenue from India.

Amrutanjan Health Care (BOM:590006) Headlines

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