AFC Agro Biotech (DHA:AFCAGRO) Days Inventory: 578.85 (As of Mar. 2023)

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DHA:AFCAGRO AFC Agro Biotech Ltd DHA:AFCAGRO
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Price BDT7.30
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What is AFC Agro Biotech Days Inventory?

AFC Agro Biotech DHA:AFCAGRO +1.39% 10 Days Inventory is 578.85 as of Mar. 2023. GuruFocus rates DHA:AFCAGRO with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). AFC Agro Biotech's Average Total Inventories for the three months ended in Mar. 2023 was BDT383.5 Mil. AFC Agro Biotech's Cost of Goods Sold for the three months ended in Mar. 2023 was BDT60.5 Mil. Hence, AFC Agro Biotech's Days Inventory for the three months ended in Mar. 2023 was 578.85.

The historical rank and industry rank for AFC Agro Biotech's Days Inventory or its related term are showing as below:

DHA:AFCAGRO's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.38
* Ranked among companies with meaningful Days Inventory only.

AFC Agro Biotech's Days Inventory increased from Mar. 2022 (266.41) to Mar. 2023 (578.85). It might indicate that AFC Agro Biotech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AFC Agro Biotech's Inventory Turnover for the three months ended in Mar. 2023 was 0.16.

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. AFC Agro Biotech's Inventory-to-Revenue for the three months ended in Mar. 2023 was 4.61.


AFC Agro Biotech  (DHA:AFCAGRO) 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.

AFC Agro Biotech'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.

AFC Agro Biotech'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.


AFC Agro Biotech Days Inventory Related Terms


AFC Agro Biotech Days Inventory Historical Data

* Premium members only.

The historical data trend for AFC Agro Biotech'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.

AFC Agro Biotech Days Inventory Chart

AFC Agro Biotech Annual Data
Trend Dec13 Dec14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 65.13 67.25 107.97 164.92 190.52

AFC Agro Biotech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 266.41 784.98 225.04 492.90 578.85

DHA:AFCAGRO vs ZTS, VTRS, NBIX: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, AFC Agro Biotech'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.


AFC Agro Biotech Days Inventory vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, AFC Agro Biotech's Days Inventory distribution charts can be found below:

* The bar in red indicates where AFC Agro Biotech's Days Inventory falls into.


DHA:AFCAGRO
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AFC Agro Biotech Ltd DHA:AFCAGRO
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AFC Agro Biotech Days Inventory Calculation

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

AFC Agro Biotech'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
=( (191.933 + 371.146) / 2 ) / 539.375*365
=281.5395 / 539.375*365
=190.52

AFC Agro Biotech'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
=( (366.385 + 400.568) / 2 ) / 60.451*365 / 4
=383.4765 / 60.451*365 / 4
=578.85

* 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 578.85 mean?
AFC Agro Biotech (DHA:AFCAGRO) has a Days Inventory of 578.85 as of Mar. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on AFC Agro Biotech and its competitors.
Is AFC Agro Biotech's Days Inventory too high?
AFC Agro Biotech's current Days Inventory is 578.85. The Drug Manufacturers industry median Days Inventory is 164.38. AFC Agro Biotech's value of 578.85 is 252.1% above this industry median. Overall, AFC Agro Biotech has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AFC Agro Biotech's Days Inventory compare to ZTS and VTRS?
AFC Agro Biotech's Days Inventory of 578.85 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.38. AFC Agro Biotech's value of 578.85 is 252.1% 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 Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 164.38, based on 923 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. AFC Agro Biotech's current Days Inventory of 578.85 is 252.1% 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 AFC Agro Biotech and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AFC Agro Biotech's current Days Inventory is 578.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFC Agro Biotech stock overvalued right now?
AFC Agro Biotech (DHA:AFCAGRO) has a current Days Inventory of 578.85. The current Days Inventory is 578.85 and 252.1% above the Drug Manufacturers industry median of 164.38. AFC Agro Biotech's 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 AFC Agro Biotech (DHA:AFCAGRO), the current Days Inventory is 578.85 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.

AFC Agro Biotech Business Description

Address 214/D, Gulshan-Tejgaon Link Road, Navana Osman at Link, Dhaka, BGD, 1208
AFC Agro Biotech Ltd is a biotech products manufacturer. It is engaged in manufacturing biopharmaceuticals and biochemicals. It manufactures antibiotics, proteins, vaccines, enzymes from agricultural ingredients like molasses, glucose, potato starch, and other nutrients. The products manufactured by the company are macrolide protein, acetic acid, L-Lysine, monosodium glutamate, methionine, calcium hydrogen orthophosphate, magnesium carbonate, and sodium carbonate. It sells its products to the local markets in Bangladesh.
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