Active Fine Chemicals (DHA:ACTIVEFINE) Days Inventory: 693.58 (As of Mar. 2023)


DHA:ACTIVEFINE Active Fine Chemicals Ltd DHA:ACTIVEFINE
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Price BDT7.20
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What is Active Fine Chemicals Days Inventory?

Active Fine Chemicals DHA:ACTIVEFINE +2.86% 10 Days Inventory is 693.58 as of Mar. 2023. GuruFocus rates DHA:ACTIVEFINE with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Active Fine Chemicals's Average Total Inventories for the three months ended in Mar. 2023 was BDT1,559 Mil. Active Fine Chemicals's Cost of Goods Sold for the three months ended in Mar. 2023 was BDT205 Mil. Hence, Active Fine Chemicals's Days Inventory for the three months ended in Mar. 2023 was 693.58.

The historical rank and industry rank for Active Fine Chemicals's Days Inventory or its related term are showing as below:

DHA:ACTIVEFINE's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.55
* Ranked among companies with meaningful Days Inventory only.

Active Fine Chemicals's Days Inventory increased from Dec. 2021 (424.78) to Mar. 2023 (693.58). It might indicate that Active Fine Chemicals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Active Fine Chemicals's Inventory Turnover for the three months ended in Mar. 2023 was 0.13.

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. Active Fine Chemicals's Inventory-to-Revenue for the three months ended in Mar. 2023 was 5.37.


Active Fine Chemicals  (DHA:ACTIVEFINE) 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.

Active Fine Chemicals's Inventory Turnover for the three months ended in Mar. 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.

Active Fine Chemicals's Inventory to Revenue for the three months ended in Mar. 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.


Active Fine Chemicals Days Inventory Related Terms


Active Fine Chemicals Days Inventory Historical Data

* Premium members only.

The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Days Inventory Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 184.77 184.59 274.47 254.19 397.47

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 424.78 448.48 319.15 863.11 693.58

DHA:ACTIVEFINE vs DOW, CE: Days Inventory Comparison

For the Chemicals subindustry, Active Fine Chemicals'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.


Active Fine Chemicals Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Active Fine Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Active Fine Chemicals's Days Inventory falls into.


DHA:ACTIVEFINE
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Active Fine Chemicals Ltd DHA:ACTIVEFINE
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Active Fine Chemicals Days Inventory Calculation

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

Active Fine Chemicals's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (1267.196 + 1564.717) / 2 ) / 1300.282*365
=1415.9565 / 1300.282*365
=397.47

Active Fine Chemicals's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (1555.79 + 1562.583) / 2 ) / 205.133*365 / 4
=1559.1865 / 205.133*365 / 4
=693.58

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 693.58 mean?
Active Fine Chemicals (DHA:ACTIVEFINE) has a Days Inventory of 693.58 as of Mar. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Active Fine Chemicals and its competitors.
Is Active Fine Chemicals' Days Inventory too high?
Active Fine Chemicals' current Days Inventory is 693.58. The Chemicals industry median Days Inventory is 80.55. Active Fine Chemicals' value of 693.58 is 761.1% above this industry median. Overall, Active Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Active Fine Chemicals' Days Inventory compare to DOW and CE?
Active Fine Chemicals' Days Inventory of 693.58 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.55. Active Fine Chemicals' value of 693.58 is 761.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Chemicals company?
The median Days Inventory among Chemicals companies is 80.55, based on 1,549 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Active Fine Chemicals's current Days Inventory of 693.58 is 761.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Active Fine Chemicals and its competitors. For the Chemicals industry, the median Days Inventory is 80.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Active Fine Chemicals's current Days Inventory is 693.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Active Fine Chemicals stock overvalued right now?
Active Fine Chemicals (DHA:ACTIVEFINE) has a current Days Inventory of 693.58. The current Days Inventory is 693.58 and 761.1% above the Chemicals industry median of 80.55. Active Fine Chemicals' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Active Fine Chemicals (DHA:ACTIVEFINE), the current Days Inventory is 693.58 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Active Fine Chemicals Business Description

Address House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.
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