Al-Haj Textile Mills (DHA:AL-HAJTEX) Days Inventory: 196.84 (As of Mar. 2024)

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DHA:AL-HAJTEX Al-Haj Textile Mills Ltd DHA:AL-HAJTEX
5 GF Score
Price BDT101.90
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What is Al-Haj Textile Mills Days Inventory?

Al-Haj Textile Mills DHA:AL-HAJTEX +0.39% 5 Days Inventory is 196.84 as of Mar. 2024. GuruFocus rates DHA:AL-HAJTEX with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Al-Haj Textile Mills's Average Total Inventories for the three months ended in Mar. 2024 was BDT236.6 Mil. Al-Haj Textile Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT109.7 Mil. Hence, Al-Haj Textile Mills's Days Inventory for the three months ended in Mar. 2024 was 196.84.

The historical rank and industry rank for Al-Haj Textile Mills's Days Inventory or its related term are showing as below:

DHA:AL-HAJTEX's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.7
* Ranked among companies with meaningful Days Inventory only.

Al-Haj Textile Mills's Days Inventory declined from Mar. 2023 (346.01) to Mar. 2024 (196.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Al-Haj Textile Mills's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Al-Haj Textile Mills's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.15.


Al-Haj Textile Mills  (DHA:AL-HAJTEX) 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.

Al-Haj Textile Mills's Inventory Turnover for the three months ended in Mar. 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.

Al-Haj Textile Mills's Inventory to Revenue for the three months ended in Mar. 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.


Al-Haj Textile Mills Days Inventory Related Terms


Al-Haj Textile Mills Days Inventory Historical Data

* Premium members only.

The historical data trend for Al-Haj Textile Mills'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.

Al-Haj Textile Mills Days Inventory Chart

Al-Haj Textile Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 654.61 717.60 321.53 173.00 279.50

Al-Haj Textile Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 346.01 1,226.64 427.62 192.52 196.84

DHA:AL-HAJTEX vs AIN: Days Inventory Comparison

For the Textile Manufacturing subindustry, Al-Haj Textile Mills'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.


Al-Haj Textile Mills Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Al-Haj Textile Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al-Haj Textile Mills's Days Inventory falls into.


DHA:AL-HAJTEX
5GF Score
Al-Haj Textile Mills Ltd DHA:AL-HAJTEX
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Al-Haj Textile Mills Days Inventory Calculation

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

Al-Haj Textile Mills's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (203.222 + 264.102) / 2 ) / 305.138*365
=233.662 / 305.138*365
=279.50

Al-Haj Textile Mills'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (241.196 + 231.965) / 2 ) / 109.67*365 / 4
=236.5805 / 109.67*365 / 4
=196.84

* 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 196.84 mean?
Al-Haj Textile Mills (DHA:AL-HAJTEX) has a Days Inventory of 196.84 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Al-Haj Textile Mills and its competitors.
Is Al-Haj Textile Mills' Days Inventory too high?
Al-Haj Textile Mills' current Days Inventory is 196.84. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.70. Al-Haj Textile Mills' value of 196.84 is 48.3% above this industry median. Overall, Al-Haj Textile Mills has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Al-Haj Textile Mills' Days Inventory compare to AIN?
Al-Haj Textile Mills' Days Inventory of 196.84 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.70. Al-Haj Textile Mills' value of 196.84 is 48.3% 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.70, based on 1,008 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. Al-Haj Textile Mills's current Days Inventory of 196.84 is 48.3% 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 Al-Haj Textile Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Haj Textile Mills's current Days Inventory is 196.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Haj Textile Mills stock overvalued right now?
Al-Haj Textile Mills (DHA:AL-HAJTEX) has a current Days Inventory of 196.84. The current Days Inventory is 196.84 and 48.3% above the Manufacturing - Apparel & Accessories industry median of 132.70. Al-Haj Textile Mills' overall GF Score™ is 5/100. 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 Al-Haj Textile Mills (DHA:AL-HAJTEX), the current Days Inventory is 196.84 as of Mar. 2024. 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.

Al-Haj Textile Mills Business Description

Address 66, Dilkusha Commercial Area, 4th Floor, Dhaka, BGD, 1000
Al-Haj Textile Mills Ltd is a Bangladesh-based company mainly engaged in the manufacturing and sale of cotton yarns. It offers cotton, polyester spun, poly-viscose blend, poly-cotton blend, and viscose spun yarns.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT101.90
Price